List of "Hidden" Dealer Incentives for June 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 Series||up to $5,000|
|2009 BMW M5||up to $5,000|
|2009 BMW X3||up to $5,000|
|2009 Dodge Ram 1500||up 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 ShoppersTrueCar, 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
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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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