Deal Alert: Chevrolet Cruze Prices May Drop
Sales started dropping and inventory levels have been increasing ever since - and nobody seems to know why.
Inventory levels jumped from a 33 day supply earlier in the year to 88 days in December, which is not good news for GM - but is great for car buyers.
In an effort to reduce supply and prevent prices from dropping, GM shut down production of the Cruze last week.
This may do the trick, but it's likely prices for the Cruze will still drop. If you're in the market for a compact car and have not considered the Cruze, you should definitely put it on your list.
With inventory levels high, dealers are now more likely to negotiate on price.
The main competitors to the Cruze are the Ford Focus, Honda Civic, Toyota Corolla, Volkswagen Jetta, and Hyundai Elantra.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides 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