One person's woes are often another person's delights. That is the case now with the current state of the automotive industry. As reports come in left and right about manufacturers in trouble, car dealers closing, and double digit dips in sales, consumers are in a position to make moves and get great deals.
As unfortunate as the economic crisis is for so many, those who are in a position to capitolize should do just that. In short, buy. Hop in your car or go to the Internet and buy a new or pre-owned vehicle. Car dealers are hungry for sales. Traffic on both their automotive websites and their physical locations are down. The phones aren't ringing like they should be.
Car deals are being made, regardless of what it takes, because the opportunities are slim and the cash-flow is even worse.
This is not a call for consumers to be brazen with their upper-hand. Regardless of what conditions look like, a smart and polite consumer can always walk away with a better deal than an obnoxious one. The problems in the industry are not a secret and few car dealers are trying to make it so.
The only negative for consumers is the reduction in trade values. Because of the weak market, car dealers are not willing to "stretch" as far as they normally would. They will let their vehicles go for slim profits, but they will not get "buried" in vehicles that will end up costing them more than they made in the first place.
There is no need to do anything different. Follow the steps listed here or on other car buying tips websites. The only difference is that now, with the conditional upper hand, the necessity to take a deal that isn't the best is out the window. Play it smart.
To play it smart, you have to get in the game. As many advertisements say year after year, now is the best time to buy. The only difference is that now REALLY IS the best time to buy.
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