Hyundai Tucson Supplies Low, Hold Off Buying For Now
The problem for buyers right now is that dealer stocks of the Tucson are at very low levels due in part to Toyota buyers switching to Hyundai. Dealers will be able to sell these models at prices closer to the suggested retail price. Obviously, this isn't good if you're a buyer, but there is some hope.
Waiting until after the first batch of new Tucsons is delivered will make more sense. Officials at Hyundai say that production will increase beginning in March, so waiting a few months after that should result in supply catching up to demand.
In another nod to Toyota's issues, Hyundai issued a quick recall on 2011 Sonatas because of a faulty door latch. The fix is simple and is being completed at dealerships this week, with cars again available for sale by the weekend.
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