Great Deals on Toyota Models Expected This Year
Toyota is looking to expand its leasing and incentives programs. In the southeast region, dealers have been given a goal to increase sales by 20 percent over last year's numbers.
Customers could see their credit rating increase automatically if they make consistent payments over the first year. Others could see more incentives to lease new cars throughout the country, with some dealers offering more leases than sales on new models.
Dealerships will also get hidden incentives on every model sold when they reach or exceed their sales goals. These bonuses are expected to be in the hundreds of dollars. Savvy shoppers can use this to negotiate with dealerships who are looking to receive the extra money.
Car shoppers can also expect to see more advertising that highlights the new deals on leasing, incentives and financing, as Toyota USA is expecting to increase its marketing budget to drive more demand.
Finally, as some of you may be aware, Toyota has been forced to stop selling 8 new models due to problems with gas peddles getting stuck. We're not sure how long the sales ban will last, but this will surely hurt their sales in 2010. Toyota will be scrambling to catch up which is good news for car buyers. If you're curious where you can learn more about buying a car at the lowest possible price, you can check out the RealCarTips guide here.
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