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Jun 10, 2009 -- New cars actually a better deal than used cars right now

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.
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