Used cars for sale under a tent.

Best & Worst Cars to Buy Right Now – July 2015

A little known secret on how to find out which new cars are the best and worst to buy right now is to find out how long the vehicle you’re interested in has been sitting on a dealer’s lot.

The less time it takes a dealer to sell a car (under 30 days), the more difficult it will be for you to negotiate a good deal on the vehicle. The dealer knows if you don’t buy the vehicle at the price they dictate, there will be someone in right behind you that will.

On the other hand, the longer a new car sits unsold on a dealer’s lot (ninety days or more), the more expensive it becomes for the dealership. Most dealers borrow money to pay for their new car inventory, this type of loan is called a “floor plan.” Like any other kind of loan, the dealer must pay interest for every minute that money is being used.

As the vehicle starts to age, dealers and their sales staff will get more aggressive on discounting the price of the vehicle to get it moved. On occasion, this even means losing a little money to get the vehicle sold and off the lot.

This can be great news for you if you’re currently in the market for a new car and looking to get a great deal. Especially if you’re considering a vehicle that’s been growing roots on a dealer’s lot for sixty, ninety or a hundred plus days.

All because a vehicle has been sitting on the lot for over a hundred days doesn’t make it a bad car. In the retail car sales world, vehicles get passed over by salespeople for all kinds of reasons. The car could be a bad color, hard to sell or the individual salesperson may just not like the vehicle. Whatever reason the vehicles been overlooked, it’s now aged and costing the dealership money.

Taking a look at the list, the vehicles not selling just happen to be some of the nations least expensive new cars. Most of the vehicle’s listed have a Manufacturer’s Suggested Retail Price (MSRP) of under $16,000. Which means if you’re considering one of these vehicles, you should be able to get a cheap, reliable, brand new car, at a really good price.

If all you care about is buying a new car for as cheap as possible. Take a look at the 2015 Mitsubishi Mirage, it has an MSRP of $13,805 (destination included) and averages 117 days to sell. Dealers are chomping at the bit to move these vehicles out to make room for the new models. There’s most likely a great deal to be had at a local Mitsubishi dealership near you.

Kia Motors has five spots on the oldest vehicles in inventory list with the 2015 Kia Rio sedan at the top spot, hanging out on the lot for an average of almost six months (157 days) before it’s sold. The Kia Rio hatchback, K900, Forte Koup, and Forte hatchback all have an average of anywhere from 120 to 148 days before they’re sold.

The worst new cars to negotiate are the popular or “in-demand” vehicles. All-wheel drive has been all the rage over the past few months and the quickest-selling vehicle list proves it. All but one vehicle had standard or available all-wheel drive and only three were trucks or SUVs.

The 2016 Honda Pilot is the quickest-selling new car for the month of June and the possibly the most difficult vehicle to negotiate and buy for the month of July. Not even averaging a week on a dealer’s lot (5 days), shoppers are buying them up as fast as they’re hitting the ground. Honda dealers understand the Pilot is very popular right now and they only have to discount the vehicle very little, or not at all, to get it sold.

Subaru has five of the eighteen spots on the quickest-selling vehicle list with the 2015 Subaru Outback, Legacy, XV Crosstrek, Impreza sedan, and Impreza hatchback. These Subaru models only last on the lot for an average of eleven to nineteen days. Turning over these models so quick makes Subaru the hardest vehicle brand to negotiate with for the month of July.

If you’re interested in one of the fastest selling vehicles, you can still buy one. You just may not get a very big discount or no discount at all. If you’re not in a hurry to buy a car, you may want to wait a few months when the vehicle’s popularity dies down.

Take a look at all the vehicles that made the best and worst new cars to negotiate and buy lists for the month of July 2015 below.

Best New Cars to Negotiate and Buy Right Now – July 2015

Year, Make, ModelAverage Days on Dealer’s Lot
2015 Kia Rio Sedan157 Days
2015 Chevrolet Sonic Sedan153 Days
2015 Cadillac ATS Sedan153 Days
2015 Toyota Yaris Two-Door150 Days
2015 Kia Rio Hatchback148 Days
2015 Kia K900147 Days
2015 FIAT 500142 Days
2015 Chevrolet Sonic Hatchback142 Days
2015 Dodge Grand Caravan138 Days
2015 Kia Forte Koup137 Days
2015 Hyundai Veloster127 Days
2015 Nissan Versa Note122 Days
2015 Buick LaCrosse120 Days
2015 Kia Forte Hatchback120 Days
2015 Mitsubishi Mirage117 Days

Source: Cars.com

Worst New Cars to Negotiate and Buy Right Now – July 2015

Year, Make, ModelAverage Days on Dealer’s Lot
2016 Honda Pilot5 Days
2016 Nissan Maxima6 Days
2016 Ford Explorer9 Days
2015 Subaru Outback11 Days
2016 Acura RDX13 Days
2016 Hyundai Santa Fe Sport13 Days
2015 Ford Flex13 Days
2016 BMW X314 Days
2015 Chevrolet Colorado Crew Cab14 Days
2015 Porsche Macan14 Days
2015 Toyota Highlander14 Days
2016 Honda HR-V15 Days
2015 Mercedes-Benz GL45015 Days
2015 Subaru Legacy15 Days
2015 Subaru XV Crosstrek15 Days
2015 Subaru Impreza Sedan16 Days
2015 Toyota 4Runner16 Days
2015 Subaru Impreza Hatchback19 Days

Source: Cars.com

Competition Between Dealers Always Gets You the Best Price

When negotiating a new car or truck’s price, it’s important to know the dealer invoice price and what other people are paying for the same vehicle in your local area. Otherwise, you won’t know what’s a good price to pay for the vehicle. I highly recommend using an online referral service such as Ryde Shopper and Motor Trend, their quotes will automatically include any discounts or cash-back incentives currently available.

In addition, the above sites will tell you which dealerships in your local area are currently the most flexible with their new car pricing. These sites provide valuable information for anyone thinking about buying or leasing a new car or truck.