Hold Off Buying GM SUVs for Now
The vehicles that require more production are the Buick Enclave and LaCrosse, the Cadillac SRX, Chevrolet Traverse and Equinox and their more up-market brethren the GMC Acadia and Terrain. These represent the core of GM's midsize and full-size SUV models.
Demand is there for these seven vehicles in spite of a relatively weak market overall for larger vehicles, and the fact that General Motors is considering re-opening plants should be a red flag for buyers considering these cars.
Unless there are leftover 2009 models of one's preferred SUV still on the lot, you may want to consider looking at competing SUVs that have a better inventory of supply. Previous articles have noted that Ford is also experiencing supply issues with their Expedition and Excursion 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