DETROIT - spring is usually a good time to buy a new car, and with today's high gas prices, many people are searching for the trade are in their car for a more economical.
But the market for new vehicles upended caused earthquake in Japan this spring as a result of errors on 11 March. Lack of parts forced many car manufacturers, temporarily stop production, caused a ripple effect that supplies many popular models and in many cases, higher prices mean lower dealer. The average price for a new car is up to $350 since the earthquake, according to Edmunds.
What is a car buyer to do?
Your purchase could you up later in the year, when production should be back to normal and car dealers probably better offers are postponed, have. If the lease expire this summer is set, questions you, whether you can expand it for a few months. Or maybe you can few payments to someone else in the last leasing are better stored up car dealerships.
LeaseTrader.com you can match with someone looking what lease you a "bridge the gap" calls, and you need a down payment. "Taking over an eight-month lease with low monthly payments possible would someone to delay their car shopping by early 2012, when supplies are expected once again at the normal level," said Sergio Stiberman, founder and CEO of the Web site.
A used car is not really right now, either - their prices are a good alternative close to record highs.
The combination of higher demand for new cars and low stocks means that car manufacturers and dealers not so hard on discount spend. Edmunds reported that the average ", how expensive incentives"-a sales weighted average of all interest subvented by cash discounts and leasing programs - was $2,118 per vehicle in April, $250 or 10.6 percent from March, and $515, or 19.6 percent from April of last year. It is the lowest incentive spending since October 2005.
"This is the clearest indication yet, the car manufacturers are gearing up for the inventory shortages," said Jessica Caldwell, Director of industry analysis for Edmunds. "The demand for new cars has grown as the economic recovery has been strengthened, but now the industry occur a hiccup, if consumers decide to wait until the next business to come, possibly not until the autumn."
If you need to buy a car now, there are still good deals are, if you know where you are looking for. Sites like Kelley Blue book, Edmunds and Truecar.com have usually a feature of "Deals of the week" on their main page, but you can a little deeper into these sites and find out the discounts and incentives on almost every car. Incentives take typically for a month or more, but it is always best to check, whether published offers in your area are good.
Many car manufacturers offer cash discounts for military veterans, college students and recent graduates, and get an extra discount when you trade in a car of the same brand. Great financing rates are also available, if you get your loan through a captive finance company for the carmaker.
Hobbies you get also a good business: Ford Motor, for example, offers a discount of $500 on the compact SUV escape you are Member of the American Quarter Horse Association.
© 2011 Forbes.com
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