Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.
We’ve been hearing for some time now about how car sales are through the roof this year, but there’s one type of car that America has fallen out of love with: the family sedan.
The industry publication Automotive News reported that midsize car sales fell 27% in August.
Read more: The ‘Clark Smart’ steps for buying a new car
According to data from Automotive News, sedan sales for the Nissan Altima, Ford Fusion, Hyundai Sonata and Kia Optima all dropped more than 30% in August.
And sales of the Chrysler 200, which made this list of 10 cars you’ll most regret buying, fell by two thirds.
Last December, a top sales executive with Toyota predicted that the RAV4, a compact SUV, would outsell the Camry within five years. According to Automotive News, that happened in August for the first time ever.
Photo courtesy: Toyota
What does all this mean? Well, it seems pretty obvious that the crossover SUV is replacing the family sedan in many garages nationwide, partly due to steadily low gas prices.
But as Clark mentioned on the radio show, you could get a great deal if you still want a sedan!
Credit.com recently highlighted the five “leftover” vehicles of 2016, models that are being phased out or redesigned, and are selling for way less than MSRP. It’s probably no surprise that most of these vehicles are sedans:
Bottom line: While SUVs are getting all of the attention right now, if you’re willing to consider a family sedan, there are plenty of higher-than-average incentives to take advantage of.
This post was last modified on March 22, 2017 4:24 pm
If you plan to take an international flight or cruise anytime soon, there's one free…
Pop quiz: What's money expert Clark Howard's favorite tax-advantaged retirement tool? If you guessed Roth…
Are you considering subscribing to NFL Sunday Ticket for the upcoming season? Now may be…
Did you know major changes are coming for the way credit card processing fees are…
There’s a lot to love about Costco. The company has deals on just about every…
Money expert Clark Howard started a travel agency in his mid-20s and grew it into…