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Better Car Deals Being Offered in July

Good Car Deals If you're a holdout for better incentives and discounts, your waiting strategy looks like it may be a winner.

Disappointing June sales are forcing automakers to extend discounts -- including rebates and better loan terms -- on new cars and trucks.

Toyota is extending incentives through Aug. 2, including low- and no-interest financing - caused by fallout from its massive recalls.

Incentives for July are slightly better than they were in June, but don't expect rock-bottom pricing like last summer. Automakers are keeping inventories low so as not to require expensive incentives to move cars off lots.

Still, there are good deals to be had. General Motors is offering 0% financing across most of its brands, as is Ford and Nissan. Even Mini and Honda are offering low-interest financing.

Special lease deals are available too. Plus, if sales continue to slow, automakers may sweeten deals even more to clear 2010 models off their lots to make way for the 2011 models.

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The 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 Network

Select 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).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, 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 Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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