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List of "Hidden" Dealer Incentives for June 2009

June 18, 2009

Dealer incentives are basically cash bonuses given to dealers by the manufacturer when they sell a particular car.

Dealer incentives are usually not made public so it's difficult for car buyers to find out this information.

We've compiled a list of the top dealer incentives being offered until the end of June.

Note that these are not customer rebates. they are cash incentives given to dealer in order to help them sell cars. They may or may not pass these incentives to car buyers, but you can use it as a negotiating tool to get prices below invoice cost.

List of Top Dealer Incentives for June 2009:

2009 BMW 5 Seriesup to $5,000
2009 BMW M5up to $5,000
2009 BMW X3up to $5,000
2009 Dodge Ram 1500up to $3,500
2008 Ford Fusion$3,000 - $4,000
2008 Ford Focus$3,000 - $4,000
2008 Ford Escape$3,000 - $4,000
2009 Saab 9-5$2,000 - $5,000
2009 Saab 9-7x$2,000 - $5,000
2009 Honda Odyssey$2,500
2009 Honda Ridgeline$2,500
2009 Honda Accord$1,500 - $2,000
2009 Honda Civic Hybrid$1,500 - $2,000
2008 Jaguar XJ$11,000 - $15,000
2008 Jaguar XK$11,000 - $15,000
2009 Land Rover Range Rover$3,000 - $5,000
2009 Land Rover LR2$2,500 - $5,000
2010 Infiniti QX56$5,000
2009 Infiniti FX50$5,000 - $6,000
2009 Lexus RX 350$5,000
2009 Volvo (all models)$3,750 - $6,250

My Recommendation for Car Shoppers

TrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

New York Tri-State Residents - Important:

There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.

- Gregg Fidan

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
  • Best Rebates, Incentives, and Lease Deals
  • Latest Car Buying Scams and Tricks
  • The Best & Worst Time to Buy a Car
  • Which Cars You Should Avoid
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Gregg Fidan

About: Gregg Fidan

Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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