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Best and Worst Car Sales for October 2009

October 2009 car salesSales figures for October 2009 show a 4% increase overall compared to the same time last year.

These aren't great numbers, but it's the first time sales have shown an improvement over last year (if you don't include the cash-for-clunkers months of July and August).

Hyundai came out on top with a 49% increase in sales while Chrysler saw its sales plummet 36%. Chrysler seems to be in big trouble - with no redesigned models coming to dealerships soon, traffic and interest are way down.

Some car makers are doing better than others when it comes to clearing out leftover 2009 models. Only 10% of Ford's inventory is 2009 models. This will allow them to forgoe large incentives in order to sell off this inventory. GM has about 50% of their inventory tied up in 2009 models while Hyundai still has about 30%.

One of the worst performing cars last month was the Smart car. Sales dropped 70% compared to the year ago period.

Car makers are trying to do a tight balancing act right now. Overall sales have improved over the last couple of months while car makers have kept inventory tight. If sales keep improving, there could be supply issues for car manufacturers that haven't increased production. On the other hand, if sales take a turn lower in the months ahead, car makers will have too much inventory on hand and will be forced to offer larger incentives.

Here is a list of the top 10 best selling cars for October 2009:

  1. Ford F-Series: 39,496 sales
  2. Chevy Silverado: 31,754 sales
  3. Toyota Camry: 30,136 sales
  4. Toyota Corolla: 25,717 sales
  5. Honda Accord: 23,210 sales
  6. Honda Civic: 15,868 sales
  7. Honda CR-V: 15,667 sales
  8. Nissan Altima: 14,773 sales
  9. Toyota RAV4: 13,971 sales
  10. Toyota Prius: 13,496 sales

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The 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 Network

Select 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).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, 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 Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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