Saturday, May 25, 2019

The art of the ... no, don't

Doesn't that just get your Memorial Day weekend off to a roaring start? Five tips from the Motor City's leading daily on how to score an SUV deal! It spoils the fun a little to zoom in and see that Tip No. 1 is "look for deals," but let's go through the list anyway. Subhed and first paragraph for each:

1. Look for SUV, crossover deals
SUVs and crossover competition is heating up with new models like the Kia Telluride, Hyundai Palisade and Honda Passport. That means there are SUV deals to be had as automakers jockey for position.


2. But don't rule out sedans altogether
Look closely: There are still some deals on sedans, but they're more sporadic.

 
3. Don't expect a great financing deal
In the wake of the Federal Reserve's interest rate hikes, borrowing costs have increased. Consequently, there are fewer long-term 0% interest deals out there.

4. Prepare to pay up for the best
Looking for the latest and greatest? You might have to dig deep to pay for it.

5. Consider waiting a few months
Do you really need that new vehicle now? If not, consider waiting until August or September, when discounting picks up as dealers begin selling the next model-year vehicles.


To summarize: If you want a deal on an SUV this weekend, you should look for a deal, buy something other than an SUV, expect to pay what you would have in the first place, and hang on for a few months.

Stay tuned for those tips on how to win the lottery, kids!

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