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.
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