Decline in November Car Sales Means Greater Discounts
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.
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