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Toyota Offering Large Incentives on Leftover Models

January 12, 2012

Good news for Toyota fans - there's still lots of leftover models available and now they come with even bigger discounts.

Toyota is offering cash rebates, low financing, and hidden dealer incentives to help sell the remaining models.

There's up to $3,000 cash back on the 2011 Avalon, a 200% increase from last month. The Avalon also comes with $1,500 in hidden dealer discounts.

Cash back rebates on the 2011 Venza are up 50% - to $1,500. There's also $1,250 in hidden dealer discounts.

The 2011 Toyota Tundra comes with the largest incentives. $3,000 cash back plus $3,000 in hidden dealer discounts.

The model with the most remaining inventory is the 2011 Corolla. There are still nearly 15,000 models available nationwide, and they come with $1,000 cash back plus $1,000 in hidden dealer discounts.

Buying a leftover model can be a smart choice if you intend to keep the vehicle for many years. The 2011 models are now considered one year old so factor that in when negotiating a deal.

Make sure to use the free CarWoo negotiation service to get the lowest price from local dealers.

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

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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.

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