Decline in November Car Sales Means Greater Discounts

Car sales usually slow down towards the end of the year, particularly in November. Combined with the fact that 2009 is one of the worst years for car sales in general, it's no surprise that only about 710,000 vehicles are expected to be sold this month. That's 15 percent less than in October 2009, and 4.5 percent less than last November.

To counter these lagging statistics, automakers across the market are offering wide-scale holiday promotions. In the weeks following Thanksgiving, expect to find larger-than-usual discounts, even if the selections are somewhat limited. Prominent manufacturers such as Chrysler, GM, Honda, Ford, Nissan, Toyota, and Hyundai are all predicted to have lower sales than usual, and as such are likely candidates for attractive incentives.

If you're looking to buy a car sometime soon, it's best to wait a few days until after the shopping season officially begins - you may come across some exceptional deals.