The Wall Street Journal is reporting many 2007 models from Ford, Chrysler and GM will have lower sticker prices than their 2006 counterparts. Furthermore, the new 2007 models will include more features and space.
Chevrolet: 2007 Chevy Silverado has a similar price, but enhancements include a new interior, and better MPG fuel economy. 2007 Chevy Tahoe is about $2,000 less than last year’s predecessor and features more cargo room and greater towing capacity of 8,200 pounds.
Ford: 2007 Expedition SUV is an amazing $4,300 less than its’ 2006 predecessor with a new six-speed automatic transmission and more towing capacity at 9,200 pounds. 2007 F-150 is roughly $1,4000 less than last year's model and has a greater towing capacity (10,500 pounds).
Does this mean these cars are actually less expensive?
In short: no.
The cars mentioned in this article had their price lowered because of market projections based on the 2006 models. In most cases, there are many 2006 models still on the dealer’s lot that need to be sold. The Wall Street Journal pointed out that many dealers are offering huge incentives on the 2006 counterparts – many dealers may be willing to sell the 2006 at deep discounts.
Bottom line: For big savings, consider the cars mentioned in this article.