Car Comparison: Which One Offers the Best Deal?
This round, they pitted the Chrysler 200 vs. Chevrolet Malibu, Lincoln Navigator L vs. GMC Yukon XL, and the Nissan Maxima vs Toyota Avalon. To make it a fair comparison, they chose models that included automatic transmission, air conditioning, keyless entry, cruise control, Bluetooth, USB port, and power locks, windows and mirrors - basically all the popular options most car buyers are looking for.
Here were the results:
The 2012 Chrysler 200 won by a long shot with a savings of over $5,000, mostly due to its lower MSRP and more standard options.
Although the Yukon had a starting price that was $2,265 less expensive than the Navigator, it was the Navigator that came out ahead, saving you around $3,600 in total after financing.
The Maxima wins out with more than $2,500 in savings, but the Avalon does provide some nicer amenities such as standard leather upholstery.
If you're ready to buy a new car soon, be sure to start with the free CarWoo App
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