Toyota Extends Record Incentives Another Month
Last month, sales of Toyota vehicles shot up 40% compared to last year, much of it attributed to the large incentives. It doesn't look like Toyota is willing to risk a drop in sales quite yet.
This is great news for car shoppers no matter which model interests them. With Toyota taking the lead, an incentives war has kicked off forcing other car makers to offer their own attractive incentives.
Toyota's incentives for April include 0% financing for up to 60 months on most models, rebates as high as $1,500, and special lease deals varying by region. They have also extended their two year 25,000 mile free maintenance program and made it available to all buyers. Previously, the free maintenance program was offered only to previous Toyota owners.
No one knows how long Toyota will continue offering incentives like this, but many analyst believe it will be until at least the beginning of summer. Nevertheless, if you're interested in purchasing a Toyota, now is a fantastic time to get a great deal.
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