Friday, May 15, 2009

Buy your Straw Hat in the Winter: There are going to be some interesting car bargains ...

FD: New Car Fever?





Try out this NEW website


http://truecar.com/release/index.html





What is TrueCar?
TrueCar is the fresh voice in new car pricing. We bring truth and transparency to the sales process by aggregating data from many different sources to show car buyers and dealers how much people actually paid for a particular car in their geographic area. We are a data-driven company, processing thousands of real transactions nationwide on a daily basis to generate objective and irrefutable Price Reports. TrueCar is offered online, all free of charge. Our hope is that consumers no longer walk into the dealership only partially informed and fully suspicious. Instead, they show up with our Price Report in hand and know how to strike a fair deal. Dealers offer the same buyers a TrueCar Price Report: car buyers who understand the dealer cost and price structure will know when to stop negotiating and buy with confidence. With TrueCar, buyer and seller both get a better deal.

http://blog.truecar.com/?p=137
You want to buy a new car, but you also want to make sure you’re being smart about finding the best price. We’ve assembled a list of the top deals for 2008 and 2009 model vehicles based on the percent below MSRP at which they’re being sold. Using this metric is a good way to identify cars with great value; Ford, Mercury and Kia are some of the top contenders.

Check out the full list below and see which vehicles fit your needs for space, performance, features, etc.

Then configure your ideal car with options here, print out the Price Report and take it to your local dealer. Let us know how TrueCar helped you get a great deal on your new car.















They sent out a great press release this week: Gas Prices are going up!



Paul Taylor, chief economist at the National Automobile Dealers Association, says GM has 111 days' worth of inventory, Chrysler has 114 and Volkswagen AG has 115. With inventories so high, car makers are offering bigger incentives than usual, and dealers are sometimes willing to let cars go even at a loss.



Among the biggest price swings are those in categories that were popular last year even as the overall auto market sagged, driven by rising fuel prices and a general glut of new cars. Some models that were new at the time attracted buyers seeking the latest design, but mostly it was small cars and gasoline-electric hybrids that dealers couldn't keep on their lots.



Many people recall how hot the Toyota Prius hybrid was last summer when gasoline rose beyond $4 a gallon. People lined up for a chance to buy the fuel-frugal sedan, and many paid above sticker price. Dealerships nearly never had any on the lot because most were spoken for and snapped up as soon as they arrived. Trying to keep pace with rising demand, Toyota Motor Corp. increased production.



Today there are Priuses gathering dust in showrooms and dealer lots, largely because falling gas prices have made them less desirable. According to data from TrueCar, buyers have recently paid an average of $23,324 for the Prius Touring, the top-of-the-line model. It seems like a good deal because it is well below the $25,020 sticker price but less than $100 above the invoice price of $23,269. Yet several buyers have paid below the dealer cost of $22,784.



As Toyota launches a new Prius for 2010, today's price for 2009 models could be $8,000 lower than six or eight months ago, according to Jesse Toprak, an analyst with Edmunds.com, the car-shopping Web site. He says some people paid $3,000 or $4,000 above sticker price for the Prius when fuel prices were near their recent peak. Now prices have swung to the opposite extreme -- $3,000 to $4,000 below dealer cost -- in some cases.

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