Biggest Cash Back Incentives for August
The earthquake in Japan had a huge impact on the supply of Toyota, Honda and Nissan vehicles, so we're not seeing attractive incentives from them yet.
However, analysts are predicting that Toyota and Honda will be offering exceptional deals towards the end of the year to make up for lost market share.
If you've been considering one of these cars, you may save a considerable amount if you wait a few months.
For now, the best incentives are found with GM, Ford, and Chrysler vehicles.
So far, here are some of the best incentives being offered in August. More incentives will be announced in the coming week or two and we'll keep you updated in the meantime.
Best Cash Back Incentives for August
- Buick Lucerne – $2,500
- Buick Enclave – $2,000
- Cadillac DTS – $7,000
- Cadillac STS – $7,000
- Cadillac Escalade – $3,500
- Cadillac CTS – $2,000
- Chevrolet Silverado 1500 – $4500
- Chevrolet Avalance – $4000
- Chevrolet HHR (selected styles) – $3500
- Chevrolet Silverado 2500HD/3500HD – $3000
- Chevrolet Suburban and Tahoe – $3000
- Chevrolet Impala (selected styles) – $3000
- Chevrolet Malibu – $2500
- GMC Sierra 1500 – $4500
- GMC Sierra 2500/3500HD – $3000
- GMC Yukon – $3000
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