Not a Good Time to Buy Ford Edge and Flex Models
Due to a labor dispute at a supply plant in India, Ford has been forced to close its assembly plant in Canada which primarily produces the Ford Edge and Ford Flex models.
Ford had already limited production even before the plant closure which had brought inventory levels down for both vehicles. In September, Ford had a roughly 50 day supply of the Edge and Flex models on dealer lots. In February of this year, that figure was closer to 125 days worth of inventory.
That's a big drop in inventory from earlier in the year and this was before the plant closure. Now things will get a lot worse for buyers. With supplies down so much, even small levels of demand will push prices higher.
Don't expect to get good deals on the Edge or Flex models anytime soon. Our recommendation is to wait a few months after the plant resumes production to consider buying these particular models.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid