Honda Element will be Discontinued in 2011
Honda has announced that 2011 will be the Element's last year of production.
The demise isn't all that surprising.
The Element remains virtually the same model that went on sale in December 2002. Plus, sales are down 3.7 percent from last year.
From 2007 to 2009, sales fell by more than half.
Still, the Element makes sense for buyers who need a utilitarian car.
The Element has an interior that's easy to configure for different cargo needs, and rubber flooring make it easy to clean.
Since sales are already slow and the Element is on its way out, you might be able to negotiate a big discount. We expect to see incentives increase down the road in 2011.
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).
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- 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