2007's Biggest "Bargains"
With the help of our pals over at Edmunds.com, BusinessWeek has compiled a list of the 20 most heavily discounted 2007 vehicles still on the lots. They based the list on Edmund's average transaction price vs. sticker price. As you can imagine, the list is tilted heavily towards pickup trucks and SUVs; only two passenger cars are included. Imported vehicles are conspicuous by their absence (all the import-branded vehicles are rebadged versions of American-built vehicles). Oh, and someone forget to mention that depreciation is the single largest cost vehicle ownership. A two-year-old Mitsubishi Raider? You must be joking mate. [The percentage represents the discount, while the number in parentheses shows the supply on hand as of the first of October. The inventory numbers may include some 2008 models while the discounts only apply to '07s.]
Mitsubishi Raider – 29% (19 day supply)
Jeep Commander – 29% (84 day supply)
Dodge Ram 1500 – 28% (92 day supply)
Chevy Silverado Classic 1500 – 27% (102 day supply*)
GMC Sierra Classic 1500 – 26% (103 day supply*)
Isuzu Ascender – 26% (196 day supply)
Jeep Grand Cherokee – 25% (70 day supply)
Lincoln Town Car – 25% (78 day supply)
Dodge Durango – 25% (74 day supply)
Dodge Dakota – 24% (76 day supply)
Chrysler Aspen – 24% (32 day supply)
Mercury Grand Marquis – 23% (67 day supply)
Chevy Silverado Classic 2500HD – 22% (102 day supply*)
Chrysler Pacifica – 22% (63 day supply)
Saab 9-7x – 22% (113 day supply)
Dodge Grand Caravan – 22% (50 day supply)
Buick Rendezvous – 22% (12 day supply)
Isuzu i-Series – 22% (172 day supply)
GMC Sierra Classic 1500HD – 21% (103 day supply*)
Chevy Trailblazer – 21% (50 day supply)
(*The inventory for Silverado and Sierra are for all versions, not just the Classics. GM doesn't break the inventory numbers down by version or weight class.)
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