New Car Rebate Blogs
Opposite to past years, this won’t be a great year to get big discounts on model end-of-year clearance sales. Discounts, rebates and incentives are being offered, but unfortunately, on a smaller scale.
Only in August this year, 4.7% less cash rebates were offered. However, there are more choices if you wish to finance or lease a vehicle. A wide variety of popular models offer 0% financing for up to 60 months and there are plenty of vehicles being leased for less than $200 a year.
Big auto makers are also offering unadvertised dealer cash rebates aiming to keep customers interested without spending a lot of money in advertising.
This Summer more 2013 vehicles have been sold and apparently there are fewer 2012 models left, therefore car dealers are not willing to negotiate better deals and discounts, as they are not urgent to clear out lots. Also, customers will not be allowed to used all incentives when purchasing a vehicle. So its either choosing a cash rebate or promotional financing.
Big trucks and SUVs currently have some of the biggest discounts because of current increase in gas prices has decreased their sales, these vehicles are just not appealing to customers at the moment. Plus, they have a lot of competition from more fuel efficient cars.
There is a $4,000 cash rebate available on Nissan Armada, a $3,500 on Chevy Impala and a 3,000 on Chevrolet’s Malibu.
Toyota’s well sold RAV4 will launch its electric version at the end of this month.
Exact starting price has not yet been revealed but spokespersons said it will be close to $50,000 before federal tax credit and other government and/or State incentives available at that time.
The SUV can reach about 103 miles and it’s by far the Electric Vehicle with the wider range, surpassing competitors by 20-30 more miles. The creation of this luxury vehicle was made in collaboration with Tesla Motors.
The very well-reviewed RAV4 EV not only offers more miles but has a bigger price tag than the rest of EVs at the moment that sell on the market. Even with federal tax and other incentives (depending on the state) the cheapest price would be around 38,000. The electric version of the Ford Focus starts at about $10,000, for many less miles of course. This model only runs on electricity contrary to the Chevy Volt that also has gasoline engine. Besides the current incentives, this car also gets that coveted car pool lane permit sticker.
If you would like to lease a RAV4, Toyota will give you the option to do a 36-month lease for $599 per month and $3,499 due at sign in. If you prefer to finance, the manufacturer will offer a 1.9% loan rate
For more information on hybrid vehicles, please visit us regularly at CarDealerRebates.
