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End
of year sales
Well, it's
the end of the year once again-end of the model year, that is. This
traditionally has been a great time to buy a new car because there
are lots of end-of-the-model-year deals. Of course, you can't expect
to walk into a dealership and have them give the car away-you still
have to work for it.
It's also important
to remember a few things too. First, certain models/colors/options
may not be available-these are leftovers, after all. Second, remember
that you're buying a year-old car. If you plan to keep the car for
a relatively short time, you're better off waiting a little bit
longer for a 2001 model. Don't worry, they'll be discounting the
new cars just as heavily. If you're planning to keep the car until
it dies, then it makes sense to get a leftover. The reason that
makes buying a car now more attractive is the large manufacturer
to dealer/consumer rebates and incentives. It's also important to
keep in mind that the reason for the hefty rebates on some models,
for example all of the DaimlerChrysler minivans, is that new, redesigned
models are on the way.
There are plenty
of GM cars available and with big rebates, too. There are always
plenty of Prizms to choose from-the Prizm is basically the same
car as the Toyota Corolla. Toyota has a $600 dealer incentive on
the Corolla while Chevrolet has a $2000 rebate on the Prizm. If
you don't mind having a Chevrolet badge, then the Prizm is obviously
the better deal. The models that GM dealers are heavy on include
most of the Cadillacs, the Buick Park Avenue, the Chevy Blazer and
Tracker, the Oldsmobile Bravada and Silhouette minivan and the GMC
Jimmy and Envoy.
Over at Chrysler,
you'll find lots of Jeeps available. Jeep sales have slowed this
year, especially with the Cherokee. There's a $1,500 rebate on the
Cherokee as well as the Grand Cherokee. There are big rebates on
the minivans-$3,000 on the long-wheelbase versions and $2,500 on
the shorties. That's because new versions are on the way.
If you're looking
for an import minivan, you may want to consider the Mercury Villager/Nissan
Quest. Both of these are being discontinued due to poor sales, however
the Mercury version has a $2,500 rebate while the Nissan carries
$2,000 ($1,000 consumer, $1,000 dealer).
At Ford, note
that the Contour and the Mercury Mystique are also discontinued,
there are plenty of Cougars around and the giant Ford Excursion
SUV hasn't sold as well as Ford expected so there's plenty to choose
from.
You won't find
as much price flexibility with the import brands; however, Honda
is introducing a new Civic so you should see larger than normal
discounts. Of all the imports, Daewoo is loaded with cars and you
should see big discounts. Nissan is the weakest of the big Japanese
carmakers. For example, there's a $2,000 consumer rebate and a $2,000
dealer incentive on the Pathfinder and $1,400/1,400 on the Altima.
There's also plenty of Suzuki Grand Vitara and Vitara SUV's available,
too.
Happy buying!
[Peter C.
Sessler has written over 30 automotive books. Besides books, he
also writes for several Internet web sites and car magazines. He
has also written (with his wife) a children's six-book series on
auto racing. His latest books include "Camaro Photo Archive," "Jeep
Prototypes and Concept Cars," "The Ultimate American V-8 Engine
Data Guide" and "SVT Mustang Cobra Recognition Guide, 1993-2000."]
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