Toyota Deals May Get Even Better
Toyota saw a 16% decline in sales between March and April even though they were still offering large incentives. The incentives have been officially extended until June 1 but a top Toyota executive has confirmed they will extend the incentives until fall or possibly until the end of the year.
With sales declining, Toyota is in danger of falling into a scenario in which they need to offer greater incentives to keep buyers interested. By end of summer, Toyota will need to start clearing out current year models to make room for next year's models.
It looks like they will need to come up with some very attractive offers to move the metal in the fall. This, of course, is great news for prospective Toyota buyers. Get ready for some great Toyota deals this summer.
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