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, RydeShopper, and CarsDirect are the best 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

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

September 17, 2020
September 10, 2020
September 3, 2020
August 27, 2020
August 20, 2020
August 13, 2020
August 6, 2020
July 30, 2020
July 23, 2020
July 16, 2020
July 9, 2020
July 2, 2020
I welcome your car buying questions. Email Me and I'll be glad to answer them!