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.
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