Toyota Deals May Get Even Better

Toyota is in a real jam right now. They have been offering record incentives since March - which predictably resulted in increased sales early on, but the effect is starting to wear off.

Toyota saw a 16% decline in sales between March and April even though they were still offering large incentives. The incentives have been officially extended until June 1 but a top Toyota executive has confirmed they will extend the incentives until fall or possibly until the end of the year.

With sales declining, Toyota is in danger of falling into a scenario in which they need to offer greater incentives to keep buyers interested. By end of summer, Toyota will need to start clearing out current year models to make room for next year's models.

It looks like they will need to come up with some very attractive offers to move the metal in the fall. This, of course, is great news for prospective Toyota buyers. Get ready for some great Toyota deals this summer.

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