Toyota Offering $1,000 Rebate to College Grads
Toyota prices have gone up recently due to shortages, so this extra money will help out.
This offer applies to those who have graduated within the last two years or will graduate within six months.
It's good for purchase or lease of a new Toyota Corolla, Matrix, RAV4, Camry, Tacoma and Scion models.
New Toyotas and Scions feature complimentary maintenance for two years or 25,000 miles - which most assuredly helps cash-trapped students.
Though Toyota is making the grand gesture, good deals are out there on comparable cars.
GM offers college graduates preferred pricing, while many other Asian manufacturers also give $500 to college grads.
Honda and Subaru offer college grads competitive financing, since most won't have a credit history and would receive high interest rates as a result.
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