Huge Discounts Available on Luxury Hybrids
If you're interested in buying one of these cars, you're in luck.
Sales have been awful which isn't surprising considering we're coming out of a recession. Most people aren't willing to spend the extra money to buy a hybrid in the luxury class.
Lexus in particular is having a hard time getting rid of their 2009 LS 600h models. The 2010's have started hitting showrooms but there's barely room for them since the '09s haven't been selling well.
Lexus is now offering a $10,000 hidden dealer-cash incentive on the '09 model plus a $1,000 bonus to any salesman who sells one in October. If you've been considering this model, now is the time to act.
The Chevrolet Tahoe and GMC Yukon hybrids each have a $6,000 rebate. The Cadillac Escalade Hybrid also has a huge rebate, as high as $10,000 in some parts of the country.
On top of all this, Mercedes-Benz will introduce its first hybrid car next month followed by BMW sometime later this year or early next year.
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