Too Much Demand for Luxury Cars - Wait a Few Months
Demand from the U.S. and China has caused them to expand operations in 2011, as their plants have been running at full capacity, yet remain months behind in filling orders.
Audi says their highest demand is for its A3 ($27,000) and A6 ($44,000) models, with a wait time of nearly four months.
BMW and Mercedes-Benz are also working hard to keep up with demand.
What does this mean to you? If you’re in the market for a German luxury car, you may want to wait several months for supply to catch up to demand.
If you want to shorten your wait time, consider buying a leftover 2010 model if there are still some in your area. They will likely have steep discounts compared to 2011 models.
Additionally, if demand remains high, automakers won’t offer significant financing or cash back deals on their 2011 models, meaning a longer than usual wait without the usual incentives.
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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