Fiat 500 Sales Collapse, Dealers Desperate to Sell More
Sales of the tiny subcompact car have hit a wall and dealers are getting desperate.
When it first launched in March, Fiat had an ambitious goal of selling 50,000 units this year, but they only sold about 16,000 so far and sales keep dropping.
Out of 150 Fiat dealers, 29 of them didn't even sell one vehicle last month - ouch!
Chrysler, the parent company of Fiat, is now offering a $500 rebate to entice buyers.
The collapse in demand for the Fiat 500 is a perfect example of why you should always wait before buying a newly introduced model.
The early adopters paid a high price to have the first one on the block.
If you're serious about purchasing the Fiat 500, make sure to use our step-by-step negotiation guide to maximize savings.
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About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.Latest Weekly Car Buying Tips
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