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.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides 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.
- 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