Everyone wants a great new-car deal.
But whether you actually get a good deal can depend on a number of factors such as:
- Whether there are manufacturer incentives
- A dealer’s willingness to offer a discount
- Your negotiating skills
However, there is another factor that can be even more important:
- Days supply
So, what is days supply?
Car companies manufacture vehicles in anticipation of near-future sales. They attempt to predict just how many vehicles of each model they will sell, which determines how many they make. Sometimes their predictions are wrong and they end up with a over-supply of certain makes and model vehicles.
Typically, 30-60 days supply of vehicles is about right. It’s enough to make sure they don’t get caught with no vehicles to sell, but not enough to cause a problem. However, when supply reaches 75-100 days, it’s time for something to be done to help move them.
The “something” is that dealers are more willing to negotiate and manufacturers are more likely to offer rebates and other incentives to make those vehicle models more attractive to customers. Therefore it’s good to know which makes and models currently have excessive days supply.
Following are new vehicles that currently have inventory in excess of 75 days supply, and are most likely to make good deals:
- Acura ILX, RLX, and TLX
- Honda Crosstour
- Honda CR-Z
- Honda Fit
- Honda Insight
- Mitsubishi i-MiEV
- Mitsubishi Mirage
- Mitsubishi Outlander
- Volvo 80 Series
- Ford Expedition
- Ford Fiesta
- Ford C-Max
- Fiat 500
- Lincoln MKZ, MKC, MKT, and Navigator
- Chrysler Town and Country minivan
- Dodge Avenger
- Dodge Viper
- Dodge Caravan
- Dodge Ram
- Jeep Cherokee
- Cadillac ATS, CTS, SRX, and ELR
- Chevrolet Camaro
- Chevrolet Sonic
- Chevrolet Spark
- Chevrolet Volt
- Chevrolet Silverado
- Chevrolet Trax
- GMC Acadia
- GMC Sierra
- GMC Terrain
The best way to check for deals on these vehicles is to check with TrueCar to determine what deals local dealers are currently offering. You can not only see sticker prices compared to average selling prices but you can also get a low price quote from a dealer. This can shorten and simplify your shopping process, and take a lot of the stress out of it.
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