New Car

Secret tips for buying a new car

Which cars have the biggest discounts as a percentage of the price sticker? The study said that two of them chevi: Cobalt and Malibu, as a sport $ 3000 incentives. But there are also $ 6000 on the hood of Volvo XC70 and pay a whopping $ 10000 for a client, $ 80,000 BMW 6 Series can be.

This type of data, it is difficult to collect a very long time and when it is transmitted very rarely. This is a crude kind of information about competitors and may take the form of sales promotion and campaigns cost hundreds of millions of dollars to dictate.

The new service is called TrueCar said that it sold the transaction information for more than 43% of all new cars and trucks in the U.S. for the first two months of sales, more than 600,000 sales represented.

TrueCar massage has data to show which vehicles sell for the highest variability sticker price. This allows analysts to know what model of resonating in the market - and inform the client, where the best deals.

Want to know which brands are best incentives? Ford and Hyundai is the first and third places. Ford offers discounts to 13% discount off the list price and Hyundai are 12%. This makes for its sales this year have been announced, but if these data are correct, may lead to their success at the expense of profits. Chrysler and Jeep are the second and fifth place, which is not surprising, because both are short of new models, and their dealers were in disarray.

Some of the data requires additional analysis. For example, lists five models of service in 2010, the biggest discounts below sticker price. Four of them, however, that will be replaced this year or will be discontinued - Hyundai Sonata, Jeep Grand Cherokee, Jeep Commander, Chevrolet Cobalt - that they are clean inventories more in the way of discounts of new models.

The same applies to the list of cars with the least flexibility in their sales prices. Topping the list is "Mercury" Grand Marquis, old-fashioned body-on-frame sedan, which has not been updated since the first Bush administration. Grand Marquis is small and, in particular, older buyers who can enter into your life and no thicker than likely sold at a price.

In addition, Mazda MX-5 Miata and Chevrolet Corvette, as shown in the models with the most flexibility in prices. This will probably change when spring arrives, and the increase in demand for convertibles and sports cars.

Still there is a boatload of data here that provides new insights:

• Which manufacturer offers the best job in the administrative end of the year down? Subauru, where only 0.3% of sales of 2009 model arrived.
• What vehicles are the fastest growing much? GL550 Mercedes, BMW 335d and the Chevy Equinox. Blame the limited production at two German brands and hot new model Equinox.
• Which sit around the longest? Among the top five are the Chevrolet Malibu, Ford Mustang and Dodge Grand Caravan.
• In some cases, reports like these, the consequences of such changes in consumer behavior

Car buying just got a little more interesting.

back to Tips Home