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.
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