Overhaulin'

Whats the best deal on a new car?

Price and gas millage. Or should i just keep my 1994 Sunbird.

Public Comments

1. Keep your car, the economy is getting worse.
2. What condition is the Sunbird in? If it's running good & is paid for, keep on truckin'. As far as what's the best deal, that would depend on the class of car you want to get. Rebates aplenty out there. The Malibu has a $2500 rebate & if you buy it at invoice, you can save $4000. Get pre-approved for a loan w/ your bank/credit union & save on low interest too. All I can say is shop all the makers web sites & see current incentives/offers sections. They spell out what's in your area. G'day!
3. Buying a brand new car is a terrible investment. They depreciate by like half when you drive it off the lot. Go for a car that's only a year old or maybe even a 2007, still very new but much cheaper! I'm sure some places are dying to sell right now in this economy you could probably get a good deal. Or, wait it out a little bit.
4. You have many options. How to get the best deal on a new car is to do your homework. Reading publications like Consumer Reports will provide ammunition for negotiating with car dealers. Almost every option on a new car is marked up. For example, if a new car has a stereo listed on the sticker as a $500 option, chances are the dealer cost on the stereo is about $240. Knowing these things when you negotiate on the price of a new car will give you an advantage. Try to find the absolute minimum commission a dealer will accept and try to work down from the sticker price to there. Being a well-informed hard negotiator will get you the best deals. I am speaking from experience. I've been able to get a new car for $500 over the dealer cost, this included factoring in every dealer markup on every possible option. Getting an $18,000 brand new car for $12,000 is a very real possibility.