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.
The wholesalers have very little hair left and they are not happy about it. The only cars bringing very strong money are hard to get hot models in beautiful condition with correct mileage, color and equipment along with the older Asian vehicles. Everything else is cheap and available. There are some amazing opportunities on higher mileage euro vehicles that everyone is scared of. The engineering of the European vehicles is superb and a well cared for vehicle can give a lot of pain free and low cost service. In our personal stable, my wife and I both drive as our everyday vehicles European cars that have a combined age of 19 years and over 300k miles! I know that we are cheap but we also really appreciate driving a safe, comfortable and reliable vehicle. If you want a lot of bang for the buck think about it. There will be a time when the export markets reignite and these deals will evaporate. Sooo, where are the other deals?