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View Poll Results: Are you planning on buying a vehicle and if so, in how long?
In the next month 3 3.70%
In the next 6 months 20 24.69%
In the next 12 months 10 12.35%
In the next 24 months 19 23.46%
Not unless something unfortunate happens 29 35.80%
Voters: 81. You may not vote on this poll

 
 
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Old 30-01-2009, 12:17 PM   #1
Coogs289
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Join Date: Jan 2009
Posts: 1,171
Default Herald Sun Article - They've got a deal for you (page 30).

Ford Falcon FPV GT

Price Jan 2008: $$66,590
Price Now: $59,888 driveaway
Minimum Saving : $6712

Car prices have plummeted to new lows as desperate dealers work to clear stocks of unsold 2008 vehicles.

Bargain buyers are saving thousands on a huge range of vehicles, from cheapie economy cars to high-priced exotics.

All sorts of incentives are being used to sweeten deals.

Manafacturers and importers are tipping in everything from cash incentives to free on-road costs, gift certificates and free goodies like satellite navigation to help move more metal.

"It's all about the transaction price. Forget about the recommended retail price," the spokesman for one major importer said yesterday.

One Frankston Ford Dealer said buyer interest was strong.

One Falcon GT fan is going to save more than $10,000 on a car that has been in stock for more than six months, while a range of vehicles in the Chrysler Jeep family are going for more than $3000 iff their normal price. Even a starting-price Hyundai Getz can be driven away for $3000 less than it cost a year ago.

The price plunge has been triggered by a range of troubles, from the global economic downturn to an oversupply of cars ordered before Australian car sales started to slide down in the final quarter of last year.

Demand was down by more than 10 per cent in each of the final three months of '08, but some companies say the real figures are much worse.

Some luxury brands have seen showroom interest fall by between one-third to half.

Sales last year topped one million vehicles for only the second time on record, but most forecasters have 2009 pegged at around 850,000.

Driveaway Bargains

Car Jan 2008 Now Minimum Saving

Hyundai Getz 3-door $13,990 $12,990 driveaway $1000

Nissa Tida ST $20,240 $17,990 driveaway $2250

Kia Rio Hatch $14,990 $13,990 driveaway $2000
+ $1000 cashback

Hyundai i30 SR $28,450 $21,000 $7450

Dodge Nitro SX $38,990 $34,990 driveaway $6000

Jeep Cherokee Sport $39,990 $37,990 driveaway $4000

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