Buyer's Market
"Unwelcome by dealers and buyers, thousands of cars worth tens of millions of dollars...warehoused on crowded port property."
A colleague at work is shopping for a 50" flat screen plasma television this weekend, and I look forward to hearing on Monday what kind of a deal she got.
My 42" cost $1,200 last year, which was a good price at that time.
My advice to my colleague was to wait a week or two, watch the prices continue to fall and negotiate a cash deal on a 50" with a hungry retailer for $750.
Anything seems possible for the qualified buyer in this economy.
I'm almost ready to buy a new car, and I know the model, specs, options and color I want.
I already know that I'm qualified for 0% financing for the full term of the loan, so my conversation with my local dealer will go something like this:
"Here's what I want, and here's what I'll pay for it. How soon can you deliver?"
Somehow, I don't recall previous conversations with new car dealers going like that before.