Auction Action

What’s Hot and Not a Deal

Pickup trucks of all sizes are off the charts right now and it just doesn’t make sense to buy a late-model used one when manufacturers are throwing so much incentive money at the new leftover 2013s. Late-model, low mileage Crossovers, Minivans and midsize SUVs are pretty hot as well, especially the offerings from GMC, Jeep, Toyota and Honda. We have to evaluate each of these on a case-by-case basis to determine whether there is value for you.

Where are the Deals?

There are some great values in the pricier segments of the market – BMW 7 series, Audi A8s and the heavy SUVs – BMW X5s, Mercedes GLs, Land Rovers and Porsche Cayennes. BMW 3 series sedans are plentiful and cheap – in fact, BMW Financial Services has introduced incentive programs at the auction for all dealers. Nissan products are cheaper and more available than Hondas and Toyotas. The off-the-radar Infiniti M37 is an interesting value. Any late-model European vehicle that has had its warranty expire because of miles can be a serious bargain – just because they have some miles on the clock doesn’t mean that you cannot take advantage of all that engineering for short money.  Acura MDXs continue to be undervalued … you can get so much vehicle for not a lot of money.