Small Cars Big Savings - SUV Craze Stokes Small-Car Deals

Washington DC May 12, 2016; AIADA newsletter reported that with many Americans rushing to buy trucks and SUVs, there are good deals to be had on cars, especially smaller models, according to The Detroit News.

In April 2016, supplies of small cars on dealer lots grew to the highest level in seven years. Automakers are resorting to discounts and sweetened lease deals to move the metal — especially with models that haven't been updated in a few years.

In the 12 months ended April 30, small-car sales fell more than 6 percent, according to Ward's Automotive. At the same time, truck and SUV sales combined grew more than 10 percent.

This year, about 54 percent of U.S. vehicle sales have been trucks and SUVs. Just two years ago, cars ruled the market at 51 percent. While trucks and SUVs are expected to help the industry set a new annual sales record above 17.5 million vehicles this year, some experts predict a continued slowdown in sales of cars.

There are a number of reasons for the shift. Gas prices are low. Today's SUVs and CUV's are generally are smaller, lighter, and more efficient than in the past. For specific small car deals in the current economy, click here.