Biggest Cash Back Incentives for August
Most car manufacturers have cut back on car incentives this summer - mostly due to limited inventory.
The earthquake in Japan had a huge impact on the supply of Toyota, Honda and Nissan vehicles, so we're not seeing attractive incentives from them yet.
However, analysts are predicting that Toyota and Honda will be offering exceptional deals towards the end of the year to make up for lost market share.
If you've been considering one of these cars, you may save a considerable amount if you wait a few months.
For now, the best incentives are found with GM, Ford, and Chrysler vehicles.
So far, here are some of the best incentives being offered in August. More incentives will be announced in the coming week or two and we'll keep you updated in the meantime.
Best Cash Back Incentives for August
- Buick Lucerne – $2,500
- Buick Enclave – $2,000
- Cadillac DTS – $7,000
- Cadillac STS – $7,000
- Cadillac Escalade – $3,500
- Cadillac CTS – $2,000
- Chevrolet Silverado 1500 – $4500
- Chevrolet Avalance – $4000
- Chevrolet HHR (selected styles) – $3500
- Chevrolet Silverado 2500HD/3500HD – $3000
- Chevrolet Suburban and Tahoe – $3000
- Chevrolet Impala (selected styles) – $3000
- Chevrolet Malibu – $2500
- GMC Sierra 1500 – $4500
- GMC Sierra 2500/3500HD – $3000
- GMC Yukon – $3000
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.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- 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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