Honda in Very Short Supply Right Now
This is thanks to production disruptions as a result of the Japanese disaster.
The disruptions will severely cut production of the new Civic.
Even though the Civic is built in the United States and Canada, some parts, such as chips and sensors, come from Japan and are in short supply.
On top of that, the redesigned 2012 Honda CR-V has been delayed by at least a month.
The Honda Fit, CR-Z and Insight will also face supply shortages.
We always recommend waiting several months before purchasing a newly redesigned model. In this case, you're going to have to wait even longer if you want a good deal.
Supply and demand issues are definitely going against the consumer this summer - to get a great deal, you either have to wait longer to buy a new car, or be willing to pay a lot more right now.
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