Infiniti and Hyundai Increase Prices Mid-Year
TrueDelta has been keeping track of the price increases so far this year and they've found GM, Ford and Chrysler haven't increased prices nearly as often - or as much as they have in years past.
Instead, foreign car manufacturers have been more likely to raise prices.
Though largely incidental, Hyundai bumped invoice prices by $14 and some destination charges by $30 to $50.
The most aggressive case so far: Infiniti.
The price of the most popular Infiniti models has gone up about $1,000. The QX56 SUV went up $2,000.
You can avoid these price increases if you find cars manufactured before the price increase on dealer lots.
It will still have the old MSRP sticker and thus the old price, so you'll pay less for it.
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