Auto Car Insurance QuotesTM
online resource for auto, truck or motorcycle insurance.
August's Top 20 Most Researched Cars and thier
IRVINE, Calif., Sept. 4 / -- Are you more
comfortable driving the most popular car on the road, or would you
rather have something a little more unusual? And how much could that
choice cost you? There’s an easy way to find out just how popular your
selection may be. Every month more than five million unique visitors
go online to Kelley Blue Book- many of them researching new
vehicles. During the month of August 2003, more than 28 million vehicle
pricing reports were generated with the top research pick being the
11 Honda Odyssey
4 Chevrolet/GMC Pickups
14 Infiniti G35
(Silverado and Sierra )
Pickups (F Series) 16 VW
17 Ford Explorer
19 Nissan Murano
The New Car Blue Book combines information on
current market conditions with data reflecting the vehicle’s
actual selling price, based on tens of thousands of recent sales
transactions from across the United States.
The data is also offered as a range, since not every car
sells for the exact same price.
By showing both the low and high ends of the range a
car-buyer can better determine whether they are getting a good deal.
Here are a couple of examples of the difference
between average selling price range of vehicles and the
manufacturer’s suggested retail price.
Each one illustrates both market demand and cost factors.
Let’s take the Accord LX, the most common selling Accord in
the Honda fleet. According to Kelley’s a 2003 4-door LX automatic
is selling right now between $18,683.00 -- 19,253.00, even though
the manufacturer's suggested retail price (MSRP) is $20,710.00.
This is certainly to the buyer’s advantage - high demand
and available supply helps drive down the average price.
Of course, there’s always the almost-obligatory bargaining
to help you out.
In the other example, Kelley’s Blue Book has
called the coupe version of the Infiniti G35 'truly stunning' and
others named it car of the year.
Charlie Vogelheim, executive editor at Kelley Blue Book, says
this car is hard to find. "The market conditions feature of our New Car Blue Book
Value will tell you why a car is selling at a specific price.
The G35 coupe is very popular and dealers don't have a
sufficient supply. Because
of low supply and high demand consumers are paying close to MSRP or
above for the coupe version of the G35."
The New Car Blue Book value shows that a select few are
picking up this car below MSRP ($32,745.00), but most transactions
are taking place between $32,254.00 -- 33,236.00.
For you as a consumer, this is yet another tool to help
you wheel and deal on the showroom floor.
Who knows? Your negotiating skills may help you become one of
the informed and lucky consumers to that ends up paying at the
lowest end of the range.