August Market Report
Inventory, rebates make August a buyer’s month  by Brian Chee
 
Introduction
 

When it comes to cars, there are two worlds. There’s the world of bright and shiny metal, of suggested retail and lower prices, and, always, plentiful availability. In this world, you can find that Chevrolet Malibu with the heated seats, and buying a Toyota Prius is as easy as driving down to your local Toyota dealership.

Yep. And then there’s the reality of waiting lists. Of optional equipment that’s either not all that optional, or not all that available. There’s price haggling and increases beyond MSRP on popular models. You set out to buy that hip and popular car that everyone is talking about, and you end up with a white SUV.

Don’t ask how it happened. Just take the rebate.
A smart shopper, of course, tries to avoid reality as long as possible by researching online and educating themselves about the ins and outs of buying a car. This month and through the summer, car shoppers should acquaint themselves with the concept of inventory, and how dealers have too much of it. As a result, incentives will continue to be a nice thick layer of frosting on the automotive cake – even 0% incentives won’t go away. With domestic automakers running inventories in the 80s and 90s, smart shoppers can get a good deal – if they’re shopping for a car that’s parked nose to tail on the dealer lot. If not, chances are that a deal on the more popular, niche vehicle – say the MINI Cooper – will be harder to come by.

  Page 1 of 10    Next   
Think it's easy to get a Toyota Prius? Better get in line now...


Bookmark and Share
 
Related Article Searches:
Related Topics:
News And Articles: All Articles

  
  Featured Articles:
Best 2010 Spring Break Vehicles Best 2010 Spring Break Vehicles
We Pick Our Favorite New Models For A Grown-Up Roadtrip
10 Things You Should Know About the 2011 Ford Super Duty 10 Things You Should Know About the 2011 Ford Super Duty
Working harder or working smarter? The Super Duty does both.
Top 15 New Car Deals for March 2010 Top 15 New Car Deals for March 2010
Spring brings a bounty of sales and incentives.
2010 Chevrolet Camaro V6 Review 2010 Chevrolet Camaro V6 Review
The perfect pony car for the right person.

A D V E R T I S E M E N T

Home | About | Customer Service | Privacy | Usage Terms and Disclaimers