Customer Incentives Increasing on Luxury Cars
June 21, 2012
There's an incentives war brewing among luxury vehicles right now.
Lexus has led the rise by boosting discounts on its cars by 54% this year and SUVs by 60%, according to Autodata Corporation. Mercedes and BMW have raised their customer incentives by 11% and 6.9% respectively.
All three brands are competing for the #1 best-selling luxury brand title this year. Lexus had held the title for 11 years in a row, but last year BMW took the crown. Lexus is determined to get it back.
Although Audi is not a contender in the race, they have also gotten into the game by raising incentives 18% this year. If you're considering buying or leasing a luxury car, the next several months offers you a great opportunity to get a great deal.
Use the free CarWoo Deal Finder to take advantage of these increased discounts.
Luxury Lease Deals under $500 per Month
| Vehicle | Monthly | Term | Down | Miles |
|---|
| 2012 Audi A4 | $329 | 36 | $2,899 | 10000 |
| 2012 Lexus IS 250 | $329 | 27 | $3,299 | 10000 |
| 2012 BMW 1 Series | $369 | 36 | $2,500 | 10000 |
| 2012 Lexus ES 350 | $369 | 36 | $3,880 | 10000 |
| 2012 Mercedes Benz C-Class | $369 | 33 | $2,865 | 10000 |
| 2012 BMW 3 Series | $399 | 36 | $2,750 | 10000 |
| 2012 Lexus RX 350 | $399 | 36 | $3,209 | 10000 |
| 2012 Mercedes Benz GLK-Class | $419 | 30 | $3,389 | 10000 |
| 2012 BMW Z4 | $459 | 36 | $2,500 | 10000 |
| 2012 Audi A5 | $479 | 36 | $2,799 | 10000 |
| 2013 Lexus RX 350 | $489 | 27 | $3,125 | 10000 |
| 2012 Mercedes Benz SLK-Class | $499 | 33 | $3,275 | 10000 |
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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
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My Top Recommended Tools for Car Shoppers
TrueCar and
Edmunds Price Promise are the quickest way to see the lowest prices available on new cars in your area. Both tools provide upfront prices from local dealers, and the deals are usually really good. It should be the first step you take when negotiating car prices. You should follow that up with my
checklist to make sure you get the best possible deal.
- 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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