Are you one of the few Americans in the market for a car? There are more of you out there than you think.
CNW Research says 4 million used cars were purchased in the United States during the month of May. That's astounding when you consider that the market for new cars is only 9 million in the United States over the course of an entire 12 months!
Clark can't believe the advice he's about to give…but it's now possible to get a better deal on a brand new car than on a relatively new used car.
It's a classic case of supply and demand. The used car market is up about 25% and new car sales are down 34%, according to figures from
The Boston Globe. This is, however, a temporary phenomenon. Do
not take this as gospel for the future! In most instances, a used car will almost always be a better buy. Just not right now!
Meanwhile, if you want to buy a new vehicle, Clark has new way to make the purchase easy. In the past, he's talked about
CarsDirect.com and the wholesale clubs' buying programs.
But there's a new kid on the block known as
Zag.com. This service gives buyers instant guaranteed up-front prices from a network of certified dealers. It also offers an easy delivery process that helps you avoid "the grind" at a dealership.
Zag is available to members and customers of Overstock.com, Capital One, UPromise and USAA at the moment.
So will Zag get you the lowest possible price? Well, it's a very good price, but a dedicated hard-working shopper can probably find a slightly better deal on his or her own.
