Good Time to Buy a Leftover 2011 Toyota Camry
The new Camrys will arrive at dealerships two weeks ahead of schedule - sometime around September 15th.
They were originally slated to go on sale in October, but the 2011 Camry has been selling better than expected and dealers are down to less than 30 days worth of inventory.
There are a few reasons you may want to consider buying the leftover 2011 model...
First, the demand for the redesigned 2012 model will be high during the first several months - don't expect to get a good deal.
Furthermore, vehicles tend to have more problems during the first year of a redesign. Manufacturers need a few months of production to get all the kinks out.
On the flip-side, the outgoing 2011 model should have the least problems for that generation.
Many critics have pointed out the new design looks pretty much the same as the outgoing model - and that the engines have been carried over to the new model.
There are only about 15,000 of the 2011 models remaining and Toyota should be increasing the incentives to move them off the lots to make room for the 2012s.
The longer you wait, the less choices you will have when it comes to colors and options, so start taking a look now.
The end of this month will probably present the best opportunity to buy a leftover 2011 model.
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