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For the Best Car Deals, Pick a Recession Year (Hint: You are in One Now)

It's official, 2009 has been the worst business here for any car company this side of Hyundai; it hasn't been this bad in decades. There were pictures in the papers a while ago about how the docks in Los Angeles were piling up with thousands of Toyotas and Mercedes-Benz's that were manufactured by companies that didn't quite pull the brakes on the production lines quickly enough when the auto market collapsed. And now, with things seeming to look up once again, automakers want to get rid of all that backlog, and get ready for the 2010 model year. But you do realize that they are dangling incentive after incentive in your face everyday, hoping that you'll be hypnotized into buying a couple for the family before long - these are some of the best car deals ever. Even the federal government got in on it: anyone who bought a car before New Year's Day could get tax deductions.

Of course you will be getting 2009 model cars, and not the newest ones that will be coming out in a couple of months; but that is a small price to pay for the best car deals on acclaimed models like the Nissan Titan, or the Dodge Ram; these are set give you a whopping quarter off the sticker price. The Hyundai Sonata was in the news recently for having so much overproduction they had to shut down the factory in Alabama for a couple of months to stagger back to normalcy; they offer you 20% off. But wait, if you're willing to live with a slightly less generous discount, there are quite a few 2010 models on the block too. SUVs like the Ford Explorer and the Grand Cherokee, are easy to get 15% off on if you want the best car deals out there with no compromising on a high-end model or discounts, you have your choice among 2009 models among the Dodge, Saturn and Chevrolet. The best 2010 discount leaders are Ford, Lincoln, Mercury, perhaps even the Volvo.

Among the carmakers most eager to draw your custom with a discount are Pontiac, and Chrysler. Chrysler saw about 40% of its market share evaporate this year, it will give you a possibly unsustainable three-year warranty, and free financing. On their Jeep brand, you get $4500 back too. Some of the best car deals to be had exist in the luxury sector, if you would lease a car like a Cadillac or a BMW. A BMW 5 series sedan that would set you back about $50,000 if you were to buy it outright, can be yours for $3500 down and near about of $479 a month. Mercedes and Cadillac have similar deals out. This is what feels most like capitalism - the markets do go up from time to time, but when they are of a mind to do so, they'll stoop right down to our level.


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