List of "Hidden" Dealer Incentives for June 2009
Dealer incentives are usually not made public so it's difficult for car buyers to find out this information.
We've compiled a list of the top dealer incentives being offered until the end of June.
Note that these are not customer rebates. they are cash incentives given to dealer in order to help them sell cars. They may or may not pass these incentives to car buyers, but you can use it as a negotiating tool to get prices below invoice cost.
List of Top Dealer Incentives for June 2009:
|2009 BMW 5 Series||up to $5,000|
|2009 BMW M5||up to $5,000|
|2009 BMW X3||up to $5,000|
|2009 Dodge Ram 1500||up to $3,500|
|2008 Ford Fusion||$3,000 - $4,000|
|2008 Ford Focus||$3,000 - $4,000|
|2008 Ford Escape||$3,000 - $4,000|
|2009 Saab 9-5||$2,000 - $5,000|
|2009 Saab 9-7x||$2,000 - $5,000|
|2009 Honda Odyssey||$2,500|
|2009 Honda Ridgeline||$2,500|
|2009 Honda Accord||$1,500 - $2,000|
|2009 Honda Civic Hybrid||$1,500 - $2,000|
|2008 Jaguar XJ||$11,000 - $15,000|
|2008 Jaguar XK||$11,000 - $15,000|
|2009 Land Rover Range Rover||$3,000 - $5,000|
|2009 Land Rover LR2||$2,500 - $5,000|
|2010 Infiniti QX56||$5,000|
|2009 Infiniti FX50||$5,000 - $6,000|
|2009 Lexus RX 350||$5,000|
|2009 Volvo (all models)||$3,750 - $6,250|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow 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