Tips on Saving Money When Buying a New Car
August 6, 2005 -- It's August, when auto dealers start clearing their lots to make room for next year's models.
Mike Hudson appeared on "Good Morning America" Weekend to share tips on how car buyers can save a few bucks and what cars are ripe for the picking. Here are some of his picks, with their suggested retail price along with the price Hudson thinks customers should actually pay.
2005 Ford Focus ZX4 SE
4dr Sedan (2.0L 4cyl 5M)
Base MSRP: $16,235
Customer Pays: $12,150
2005 Nissan Sentra
1.8 4dr Sedan (1.8L 4cyl 5M)
Base MSRP: $13,480
Customer Pays: $10,678
2005 Cadillac Escalade AWD
4dr SUV (6.0L 8cyl 4A)
Base MSRP: $57,255
Customer Pays: $48,343
2005 Jeep Grand Cherokee Laredo Rwd
4dr SUV (3.7L 6cyl 5A)
Base MSRP: $27,050
Customer Pays: $22,165
2005 Mercury Monterey
Luxury 4dr Minivan (4.2L 6cyl 4A)
Base MSRP: $29,740
Customer Pays: $20,346
2005 Kia Sedona EX
4dr Minivan (3.5L 6cyl 5A)
Base MSRP: $23,920
Customer Pays: $19,127
2005 Pontiac Grand PrixGT
4dr Sedan (3.8L 6cyl 4A)
Base MSRP: $25,620
Customer Pays: $20,825
2005 Hyundai XG350
4dr Sedan (3.5L 6cyl 5A)
Base MSRP: $25,494
Customer Pays: $20,493
2005 Chrysler Crossfire
Limited 2dr Coupe (3.2L 6cyl 6M)
Base MSRP: $34,920
Customer Pays: $30,426
2005 Ford Thunderbird
Deluxe 2dr Convertible (3.9L 8cyl 5A)
Base MSRP: $38,985
Customer Pays: $33,946
You can get more great prices by visiting www.edmunds.com