Toyota Production Back to Normal, Better Deals Soon
The company confirmed this week that its North American plants are back to normal after nearly five months of slow production.
Toyota shoppers have been plagued by low inventory which has made it difficult to find a good deal on specific models.
The plants that are back to full production make the company's best-sellers including the Camry, RAV-4, Corolla, Highlander and Sienna.
Toyota now plans to increase production by a further 15% to replenish dealer inventories.
This is great news for Toyota shoppers who should start seeing a lot more cars to choose from by the end of the year.
Many experts are expecting Toyota and other Japanese manufacturers to introduce attractive incentives later this year to gain back lost market share.
The only bad news is that Prius production is still limited and shoppers will continue experiencing shortages until at least early next year.
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