Ford and GM Offer Incentives to Lure Toyota Owners
General Motors is offering Toyota owners a waiver of three lease payments (up to $1,000), 0 percent financing on any purchase for up to 60 months or a $1,000 cash back bonus. Ford is doing much the same, although they have extended their offer to anyone owning a Honda or related products due to a recall based on the Honda Fit.
The deals will last until the end of the month and could represent a good choice for car buyers who may or may not have been considering the two domestic automakers. Ford has received plaudits both for the new Focus and its Fusion, while the 2011 Buick Regal and the Cadillac CTS have earned GM respect among automotive journalists.
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