Question For AutoBrag: GMC Yukon or Chevrolet Suburban
Question: I am interested in buying a Yukon XL or a Suburban, which is a better vehicle or are they about the same? It seems the pricing for the suburban is 1K less than the Yukon XL for what I plan to use it for. Also, I am in the military and they have a web site GM military discount which will give me a $2,700 discount a up to $7,000 back. Would this be a good deal on a 2008 model (new) and is there a big difference between a 08 compared to a 09. Just did not know if I needed to wait till the 10’s come in to buy a 09. Thanks!
Queen of the Road: Hi there! Welcome to AutoBragBlog.
These two vehicles are very similar with both being built by General Motors (GM). Part of the decision making process in deciding which year to buy is how long you plan to keep this SUV. This is why…. Cars depreciate the most in the first year then depreciates the second most in year two and the third most in year three. The pace of depreciation begins to slow down significantly after year three.
When buying a new car from a previous year you are basically buying a used car that is in a brand new condition. Let’s say you saw a used 2008 Yukon XL or Suburban on the internet or at a local dealer. The price would obviously be much less than the new 2009 or 2010 model. However, the new 2008 model price should come very close. Cars depreciate mostly based on time, then it’s about wear and tear. By buying an older new car it’s a good value because the depreciation has knocked the price of the car down. The key is to make sure the price is a good deal.
Whenever new year models come out the previous year’s models get discounted. This is because with a newer model out the older model is worth less. Much of this is about preference and the way people conceptualize personal finance but with very little differences between the 2008, 2009, and 2010 models the best value would most likely be on the 2008. If you’d like to see a few example deals being offered, use the AutoBrag Car Price Search Engine.
The First Step: Open a new browser window and go to http://www.autobrag.com/#SearchCarPrices then select the appropriate Year, Make and Vehicle Model of the new car price you are searching for.
The Second Step: Choose which mode to display new car prices.
On the left hand side there are five selections on how you want the new car prices to display: Lowest Price, Best Value, Biggest Discount, Accepted Braggles and Countered Braggles.
The first selection is Lowest Price. New car prices are displayed according to the lowest price.
The second selection is Best Value. In this mode, new car prices are displayed according to percentage off of MSRP also referred to as “discount off of sticker price”.
The third selection is Biggest Discount. In this mode, new car prices are sorted by the biggest total dollar savings amount. Keep in mind this is not the same as largest percentage off MSRP.
The fourth selection is Accepted Braggles. These prices are derived from AutoBrag users who submitted buy offers through the Braggle System For New Cars and had their offers accepted by dealerships. This information is exclusive to AutoBrag and will save you thousands of dollars and hours of time.
The final selection is Countered Braggles. These prices are dealership counter-offer prices to Braggles submitted by AutoBrag users. This information gives new car buyers an idea on what dealerships are looking for from a pricing standpoint when car shoppers submit Braggles.
The FINAL STEP: Once you know what you should paying… utilize the Braggle System For New Cars on http://www.autobrag.com/ to decide which dealership to purchase from.
The Braggle system enables new car shoppers to negotiate the lowest new car prices by making anonymous offers to local dealerships simultaneously with just a few clicks. Dealerships compete, buyers win, and best of all it’s free for both dealers and shoppers of new cars.
Here’s a great car buying article written by a former car salesman you should read before buying. There’s always an advantage when preparing yourself for a car buying process. Remember, cars are a commodity so these prices apply everywhere in the U.S. Let us know what price you are being offered and well let you know if it’s a deal you should take.
