December is the Best Time to Get a Great Deal
Many car shoppers don't realize dealers can get large incentives from the car manufacturers if they sell a certain number of cars each month, each quarter, or each year. Sometimes, dealers will sell a car below cost in order to qualify for these incentives.
December is especially a great time to buy because dealers are trying to meet not only monthly sales goals, but yearly sales goals as well. If you use our Car Buying Technique and contact as many dealers as you can, you're sure to stumble upon one of these desperate dealers.
Here is a list of the top rebates being offered at the moment. This is where you're likely to find the best deals:
Chrylser - Up to $4000 rebate on 2009 Chrysler 300, up to $3000 on 2010 Chrysler 300, PT Cruiser, Sebring, and Town & Country
Dodge - Up to $5500 on 2009 Dodge Ram and Charger, up to $2500 on Dodge Dakota, Journey, Avenger, Charger, Nitro, and Grand Caravan
Jeep - Up to $4000 rebate on 2010 Jeep Commander, Compass, Grand Cherokee, Libery, and Patriot
Ford - Up to $4000 on 2009 Ford F-250, F-350, and F-450, and $3000 on Ford Mustang, F-150, and Explorer. Up to $3000 on 2010 Ford F-250 and F-450, and up to $2500 on 2010 Ford Escape, Explorer Sport Trac, and Ranger
Chevrolet - Up to $4000 rebate on 2009 Chevrolet Suburban, Tahoe, Corvette, Silverado 2500/3500 and up to $3500 on 2009 Chevrolet Avalanche, Impala, Trailblazer, Traverse, and Silverado 1500 � and up to $2000 on 2010 Chevrolet Avalanche, Suburban, Tahoe, Silverado 1500/2500/3500.
Kia - Up to $5000 rebate on 2009 Kia Sorento, Spectra, and $3000 on 2009 Kia Amanti and Borrego
Mazda - Up to $5000 on 2009 Mazda RX8 and Tribute
Mitsubishi - Up to $3500 rebate on 2009 Mitsubishi Eclipse Spyder Galant, and Raider � and up to $3500 on 2010 Mitsubishi Endeavor and Lancer
Nissan - Up to $5000 rebate on 2009 Nissan Titan and $3750 on 2009 Nissan Altima Hybrid and Quest � and up to $5000 on 2010 Nissan Armada and Titan and $3000 on 2010 Nissan Altima Hybrid
Suzuki - Up to $4000 rebate on 2009 Suzuki Grand Vitara and XL7
Toyota - Up to $3000 on 2010 Toyota Tundra
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