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Toyota Related Incentives to End Soon

February 25, 2010

IncentivesCompeting automakers wasted little time in trying to take market share away from Toyota by offering incentives at a time when Toyota was issuing recalls.

Buyers who planned on taking advantage of the money should act fast, though, because most are set to end on March 1.

Those include Ford's offer of $1,000 cash back on all Toyota, Scion and Lexus trade-ins. Interestingly, Ford chose to include Honda and Acura in their deal, perhaps because of a less-publicized recall of the Honda Fit.

Hyundai is still offering $1,000 cash back as well, although it only applies to 2009 and 2010 Elantras and Elantra Tourings. The 2009 and 2010 Sonatas are also eligible.

General Motors has a variety of offers still in effect, but all are contingent on the Toyota or Lexus trade-in being a 1999 model or newer. For all Buick vehicles and GMCs except the Terrain, buyers have the choice of 0 percent financing or $1,000 cash back. Many 2010 Chevrolets are eligible for the same incentive.

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.
- Gregg Fidan

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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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