Honda Offering $3,000 Hidden Incentives
If you're looking to purchase a new Honda, the end of this month provides a rare opportunity for you to save up to $3,000.
According to an article on Automotive News, Honda is offering a special hidden incentive to its dealers. If their December 2013 sales top those of December 2012, those dealers are eligible for $3,000 for each car they sell above their December 2012 sales total. This presents a tremendous opportunity for car shoppers because many of these dealers will pass the hidden incentive on to the buyer.
This incentive program is reportedly running from December 3 to January 1, so I recommend waiting towards the end of the month to take advantage of this program. That's when dealers will know if they're on track to hit their goals. The key is to contact as many dealers as you can (I recommend getting price bids from 7 dealers, up to 250 miles away - Read my step-by-step guide)
You can also use TrueCar to quickly compare prices in your local region.
My Recommendation for Car ShoppersTrueCar No-Haggle, Edmunds Price Promise, 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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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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