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Buy now or wait

Discussion in 'Dealers & Pricing' started by kabin, May 4, 2014.

  1. kabin

    kabin Member

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    The current $1500 incentive expires May 5. I'm wondering if the reported slow April sales # give a better chance for higher May incentive. Where does one find out how many vehicles are on the lots?
     
  2. KennyGS

    KennyGS Senior Member

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    I like to use cargurus.

    It's a great resource for identifying which dealers within a specified radius have what you're looking for, how long they've sat on their lot, whether they've lowered the price, etc., etc.

    Just type in the required information, and review all of the hits.
     
  3. JimN

    JimN Let the games begin!

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    I don't know who reported US car sales as "slow" but it really doesn't matter. Prius was either the 18th or 19th best seller in the US. IMO, the best time to buy the car you want is when you find it sitting on the lot.

    Lower gasoline prices are expected so this should soften Prius sales. The average age of the US fleet is over 11 years so there is a lot of potential demand. There are many lower end cars on the lot but very few from the higher end & PiP. If you wait long enough the 2014 leftover may be the lowest priced but there's no guarantee you'll find what you want.

    Best wishes for finding exactly what you want at what you consider a good price.

    April US auto sales reach 16 mln annualized rate

    5:08 PM ET, 05/01/2014 - Reuters
    May 1 (Reuters) - Automakers reported a 8.1 percent rise in U.S. sales in April from a year
    earlier with a seasonally adjusted annualized rate of sales reaching 16 million vehicles.

    The annualized rate is followed by economists and is calculated using seasonal factors
    supplied by the U.S. Commerce Department that account for sales from vehicles produced in North
    America or overseas.

    INDUSTRY TOTALS
    April 2014 April 2013 PCT CHNG
    Total industry 1,390,513 1,286,763 8.1
    Total car 676,274 653,069 3.6
    Total truck 714,239 633,694 12.7
    Domestic car 478,576 469,445 1.9
    Domestic truck 633,429 553,767 14.4
    Import car 197,698 183,624 7.7
    Import truck 80,810 79,927 1.1


    YTD 2014 YTD 2013 PCT CHG
    Total industry 5,134,255 4,980,081 3.1
    Total car 2,513,159 2,559,022 -1.8
    Total truck 2,621,096 2,421,059 8.3
    Domestic car 1,791,131 1,843,593 -2.8
    Domestic truck 2,292,127 2,092,854 9.5
    Import car 722,028 715,429 0.9
    Import truck 328,969 328,205 0.2
    U.S. seasonally adjusted annualized sales (millions)
    April 2014 April 2013
    Domestic car 5.33 5.34
    Domestic truck 7.51 6.76
    Import car 2.22 2.12
    Import truck 0.99 1.00
    Total 16.04 15.21
    SOURCE: Autodata Corp and Reuters calculations

    (Compiled by Mohan Anand in Bangalore)
     
  4. bisco

    bisco cookie crumbler

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    find the car you want, make a deal now, tell them you'll think about it and go back may 31 and squeeze them like a lemon.(y)
     
  5. kabin

    kabin Member

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    Thanks guys, I'll check out that guru website and love the squeezing them like a lemon idea. :)

    Jim: the most relative sales #'s would be Toyota Prius specific and not overall sales #'s. If you check, Prius sales are down relative to last year, previous month, etc.
     
  6. kabin

    kabin Member

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    Sales guy says 2014 rebates went up to $2000. Now maybe we'll get off out butts. :)
     
  7. kenji4861

    kenji4861 Member

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    ouch, what a kick in the balls for anyone that was sold on "Hurry in, $1500 rebate is ending on May 5th!"
     
  8. UserError

    UserError Junior Member

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    Hey Kabin I'm looking to buy now too. Which Prius were you thinking of getting?
     
  9. Will Stewart

    Will Stewart Junior Member

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    I just bought a PIP with $4500 factory incentive, though that is expiring today. I have no idea what the next incentives are for the rest of June.