Buy a Car at Fire-Sale Prices
Buy last year's model: Many car companies ship their 2009 models to dealers in the early fall. Since sales have been weak this year, dealers are still carrying a lot of 2008 stock. Who would pay the same price for a 2008 model when a shiny new 2009 model is sitting right next to it? That leaves dealers eager to unload whatever 2008 stock they have left, and leaves you in a good position to negotiate a good deal.
Buy used: Even better than targeting last year's models, why not buy used? Low prices for new cars means lower prices for used cars as well. Although the price of a used, fuel-efficient Toyota Corolla may not drop as far as a used Chevy Suburban, used cars have the potential to be great deals. Most car-search Web sites are good for finding both new and used cars. Also check Kelley Blue Book to make sure you understand price ranges.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,246.97 | 1,093.01 | 2,151.08 | 34.82 |
Oil *
77.27
|
|
UP
20.03
|
DOWN
0.06
|
DOWN
2.98
|
DOWN
0.04
|
10 Yr
3.48%
SPDR Gold
108.39
|
|
+0.20%
|
-0.01%
|
-0.14%
|
-0.11%
|
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