Tips on Buying Cars: Nissan Altima, New vs. Used, car, buying

Question
Hi Ray,

I'm looking to purchase either a used 2007 Nissan Altima 2.5 S (20K miles or less) or a 2008 Nissan Altima 2.5 S (new).  The problem I'm having is that I'm seeing both cars listed for around the same price, from the same dealers.  What gives?  Are the 2008's cheap because their trying to unload inventory?

I also purchased one of those New Car Reports from Consumer Reports (they give you the Dealer Invoice pricing, etc.) and the price they give (to start haggling) is about $2K higher than advertised Internet pricing from some dealers.  I've seen new 2008 Altimas for $17K (Consumer Reports says to start haggling at $19K).

I guess I'm confused as to why some cars seem "cheap" when Consumer Reports says otherwise.  And I'm not sure where to start haggling for price.  Did I waste money on those Consumer Reports reports?

Any light you can shed, would be great!

Thanks in advance for your help!
Susan

Answer
Hi Susan

The depreciation factor from a used 08 to 07 on an average vehicle priced under $30.000 is about $2500.
In this case it comes down to supply and demand as to why the price is very close , I found 2,180 used 2007 Altima's for sale and a stunning 25,624 =  2008 for sale

Sorry to say but I think it's a waste of money buying information about vehicles, all this is free if you know how to go about it, as for understanding Dealer invoice pricing check this link on my website   http://www.usedcartips.org/invoicecost.html  

If your thinking brand new then I suggest you get free quotes , Susan on my home page you will find banners and explanation as to why.

Study some pointers on the website how the process works buying a car , and if you have further questions feel free to ask

Have a great day

 Ray