Not a Good Time to Buy Audi Right Now
Audi currently has a limited supply of vehicles and car shoppers are clamouring to buy the ones that are still left. This is a classic sellers market which means Audi dealers don't have much motivation to negotiate on price.
The reason for the limited inventory is due in part to Audi's mistake in forecasting 2009 sales. They had allocated 6,000 fewer vehicles for the US market in expectation that sales would slow down near the end of the year.
Sales actually increased in the later part of 2009 and Audi ended up with a 35% rise in first quarter sales this year compared to last.
Audi has an average 29-days worth of supply on dealer lots at the moment. Most car manufacturers consider a 60-day supply to be optimal so that consumers can have a decent selection of colors and options to choose from.
The models with the greatest shortage are the Audi Q5 and Q7.
Your best bet is to wait a few months and hope Audi supply catches up with demand. Audi will be allocating 3,000 additional vehicles to the US market this year, so hopefuly that will help move transaction prices lower.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and Ryde Shopper are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow 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