With all the talk about GM and Chrysler being on the ropes, there's another story that's not being told. The Asian automakers are ailing too. Toyota is down just as much as Chrysler, while Honda is down just a little less.

Here's the dilemma for the Asian automakers: They make a car in a foreign factory and then have to ship it to the United States. But while in transit, the domestic auto market just keeps bottoming out.

So now there are literally thousands of Asian nameplates that they're running out of room to park at the sea ports where they enter the country!

In one example, The Washington Post reported that Toyota had to rent a cargo ship to park 2,500 cars that they didn't have room for otherwise.

Cars are piled up at the docks, the rail yards and the dealer lots…and nobody wants them.

This means that in the next couple of months, you'll see deals on Asian cars that are unlike anything you've seen before. We're already hearing anecdotally about people buying new cars cheaper than they could a 1-year-old vehicle. Normally, that would be unheard of!

Just remember that this is a temporary window of opportunity because the Asian automakers had too many cars in production. Eventually that oversupply will be bought up. So you have to strike while the iron is hot.

Of course, Clark doesn't even want you to think about buying a new car -- no matter how cheap it is -- unless it's truly in your budget.