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When Will the Best Car Deals Appear?

With the economy in shambles, 20% unemployment, and car sales plummeting, those of you shopping for a car right now are wondering why you're not seeing incredible deals, and when can we actually expect to see them?

Short answer: If the economy and recession play out as expected, used car deals should peak around August of this year. But if the recession turns out to be worse than expected, then peak deals should arrive around November. This is all according to the latest Black Book Market Analysis - which I tend to agree with.

Black Book keeps close track of the wholesale automotive market (basically where dealers buy and sell used vehicles). Here's a summary and highlight from their report.






3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The 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 Network

Select 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).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, 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 Checklist

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...


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About The Author

Gregg Fidan 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

October 2022

September 2022

I welcome your car buying questions. Email Me and I'll be glad to answer them!





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