Hold Off Buying These Cars Until Year End

This year, an unexpected increase in car sales has created an inventory shortage for some models. Car shoppers are having a more difficult time finding the ones they want in stock.

When demand is higher than supply, prices will rise - and that's exactly what's been happening in recent months. For example, many consumers are paying full MSRP or more for the Hyundai Elantra.

To increase production, several manufacturers are now planning to add 3rd shifts at their assembly plants. This will help ease the inventory shortage and make it easier to negotiate better deals, but you'll have to wait until year end to take advantage of the situation.

End of year happens to be the best time to buy a new car anyway, so this added bonus will just make it even better.

To give you an example, Hyundai's 3rd shift will begin in September and will produce an additional 20,000 vehicles by year end. There's no guarantee that prices will drop dramatically, but your best bet is to wait until then before purchasing.

Here is the full list of models that will become more plentiful by year end:

If you can't wait until year-end to purchase, then at least use the RydeShopper to get the best prices right now.