RealCarTips Logo

Huge Incentives War Expected at Year End

August 11, 2011

Great news for those who've been waiting patiently for better car deals.

You may not have to wait too much longer - there are rumors circulating that a massive incentives war will start occurring within two to three months.

The reason: Japanese automakers are trying to salvage a year of inventory shortages and market share loss.

With production levels expected to return back to normal, car manufactures such as Toyota, Honda, and Nissan may try to improve total annual sales with huge rebates and lease deals.

The disasters this spring in Japan have brought about a shift in market share, with Japanese auto companies losing a huge percentage of sales.

Toyota, for example, saw its market share plummet a whopping 2.6 percent, which is equivalent to Mazda's entire market share.

The new Camry about to roll on to dealer lots later this year may help the Japanese auto giant. Rivals Honda and Nissan will likely launch a price war to keep market share, meaning much larger incentives than usual.

The perfect storm is brewing and the rewards should be huge for patient buyers.

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.

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

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
Enter Your Email Below

(Absolutely NO SPAM, easy to unsubscribe)
×

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.

Latest Weekly Car Buying Tips    RSS Feed

May 17, 2018
May 10, 2018
May 3, 2018
April 26, 2018
April 19, 2018
April 12, 2018
April 5, 2018
March 29, 2018
March 22, 2018
March 15, 2018
March 8, 2018
March 1, 2018
February 22, 2018
February 15, 2018
February 8, 2018
February 1, 2018
January 25, 2018
January 18, 2018
January 11, 2018
January 4, 2018
I welcome your car buying questions. Email Me and I'll be glad to answer them!