The Largest Hidden Incentives for October
When vehicles aren't selling well, manufacturers will offer incentives to help move them off the lots.
Cash back rebates are common, but not all manufacturers like to use them. Instead, some prefer giving dealers hidden incentives so that the vehicles aren't perceived as being discounted.
The dealers will use some or all of the money to discount the purchase price of the vehicle.
These kickbacks are not advertised, but aggressive negotiators should have no problem taking advantage of them. (Just make sure to use our car negotiation guide)
Here are the largest hidden incentives available for the month of October. We've also included additional incentives available for each car.
|Vehicle||Hidden Incentive||Other Incentives|
|2011 Cadillac STS||$9,000||$500 bonus cash|
|2011 Cadillac DTS||$7,000||$500 bonus cash|
|2011 Saab 9-3||$5,000||$2,000 loyalty bonus|
|2011 Saab 9-5||$5,000||$2,000 loyalty bonus|
|2011 BMW Z4||$4,500||$1,000 loyalty bonus|
|2011 Chevrolet Impala||$4,500||$4,000 cash back|
|2011 Dodge Dakota||$4,500||$1,000 conquest cash|
|2011 Cadillac Escalade||$4,000||$500 bonus cash|
|2012 Chevrolet Impala||$4,000||$3,500 cash back|
|2011 BMW 5-Series GT||$3,500||$1,000 loyalty cash|
|2011 Acura ZDX||$3,000|
|2011 Audi S6||$3,000||$3,000 loyalty cash|
|2011 Range Rover||$3,000|
|2011 Lexus LS 460||$3,000||$750 veteran discount|
|2011 Audi A6||$2,500||$3,000 loyalty cash|
|2011 Mazda Mazda6||$2,500||$500 loyalty cash|
|2011 Toyota Tundra||$2,500||$4,000 cash back|
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.
New York Tri-State Residents - Important:There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.
- 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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