Lexus May Start Offering $3,000 Rebates
Strong September sales at Mercedes-Benz pulled the Germans ahead by 3,000 units, putting the pressure on Lexus.
As we predicted last week, Lexus reportedly will be offering up to $3,000 in incentives in an effort to entice buyers to the new L-branded car, crossover or SUV.
Given the fact that Lexus has earned its success thanks to its reputation for quality, the recall of millions of Toyota and Lexus models hurt sales and dinged its reputation.
Add in the fact that the ES350 and LS are both long-in-the-tooth, and it's a strong possibility that Lexus may lose its hard-earned sales crown.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and Ryde Shopper 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