End-of-year is a good time to buy, and here's some models that you might be able to get a real deal on, at least according to Businessweek.


Want to Snag a Year-End Bargain? Try These Seven Oversupplied Cars

http://www.businessweek.com/articles...gn_id=DN123013

 

For most dealerships, the end of this month is no different as the end of any other month. Don't buy into the hype.

 

End-of-the-month business aside, it still seems like you might be able to get a better deal on one of the cars mentioned in the article versus a car not on the list since the listed ones are apparently in significant oversupply.

 

Let's see, there is an over supply. Why is that, perhaps no one wants them. You don't think the dealerships didn't put them on sale when they were 90 days old. Now they've been on the lot for 145, what next, they pay you to take them.


Dealerships are in business to make money. There is only so much in incentives, rebates, and profit. They get creative with that pool of money and move it around to different buckets. They will only let you get your hand just so far into those buckets and then they say, "have a nice day, thanks for playing", smile and shake your hand, get your keys off the roof, load you back into the hooptie, and send you on your merry way. Have you not added the amount of discounts from all sources from month to month in dealer advertisements. They are about the same.


Now the exception to that rule is if there is a sales goal involving cash from the manufacturer and they have not met that yet. At this point, you will likely chug along for about 5 miles, and your mobile phone will ring.


Why? Because at this point in time the salesmanager realized that the salesman actually took his words to heart when he said to tell the nice people to beat it that's my final offer. Which really means in car industry talk "DO NOT LET THEM LEAVE WITHOUT TALKING TO ME FIRST" and proceeds to rip the salesperson a new one.


The salesperson then states, hey Mr n Mrs John Q Consumer, good news. If you turn around and come back I can do this... right now! If you say no and hang up, you will proceed another 5 miles, and the phone will ring again.


Don't ask me how I know all this.

 

nothing there that I would want.

Larry

 

x2 to most of this lol yeah I can tell you work for or used to work for a dealer some times they do treat customers better than employees

 

Sometimes?? LOL

 

I've heard that one of the best times is after the new year model has arrived, and they need to move out last years. But don't expect to be able to pick much as far as other colors or options beyond what is on the lot.......

 

Oldcutlass:

That's exactly how I've been buying cars for years. But first I spend months checking each lot to see who's hungry. You'd be surprised how little inventory moves in Jan/Feb after Christmas. It's like your the only one on the lot. Bought a brand new Mustang Convert for the wife in 2002, listed at $32K I was about 5 miles away when he took my offer. If that deal doesn't work out there are others... Happy New Year everyone!

 

I am waiting until later in 2014, dealers are stacking cars on top of each other as inventories swell.

 

It worked for my truck in 2006. They tried to gouge me with a 12.9 apr. I then revealed my trump card and 5 mins later, I got a 0.9 apr, invoice price and half the hold back. My next car will be a new 100th Anniversary Challenger R/T stick some time in 2014, I want a fun new daily driver and semi retire my truck to just truck duties.