Toyota Related Incentives to End Soon
Buyers who planned on taking advantage of the money should act fast, though, because most are set to end on March 1.
Those include Ford's offer of $1,000 cash back on all Toyota, Scion and Lexus trade-ins. Interestingly, Ford chose to include Honda and Acura in their deal, perhaps because of a less-publicized recall of the Honda Fit.
Hyundai is still offering $1,000 cash back as well, although it only applies to 2009 and 2010 Elantras and Elantra Tourings. The 2009 and 2010 Sonatas are also eligible.
General Motors has a variety of offers still in effect, but all are contingent on the Toyota or Lexus trade-in being a 1999 model or newer. For all Buick vehicles and GMCs except the Terrain, buyers have the choice of 0 percent financing or $1,000 cash back. Many 2010 Chevrolets are eligible for the same incentive.
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