The Largest Hidden Incentives for October
Cash back rebates are common, but not all manufacturers like to use them. Instead, some prefer giving dealers hidden incentives so that the vehicles aren't perceived as being discounted.
The dealers will use some or all of the money to discount the purchase price of the vehicle.
These kickbacks are not advertised, but aggressive negotiators should have no problem taking advantage of them. (Just make sure to use our car negotiation guide)
Here are the largest hidden incentives available for the month of October. We've also included additional incentives available for each car.
|Vehicle||Hidden Incentive||Other Incentives|
|2011 Cadillac STS||$9,000||$500 bonus cash|
|2011 Cadillac DTS||$7,000||$500 bonus cash|
|2011 Saab 9-3||$5,000||$2,000 loyalty bonus|
|2011 Saab 9-5||$5,000||$2,000 loyalty bonus|
|2011 BMW Z4||$4,500||$1,000 loyalty bonus|
|2011 Chevrolet Impala||$4,500||$4,000 cash back|
|2011 Dodge Dakota||$4,500||$1,000 conquest cash|
|2011 Cadillac Escalade||$4,000||$500 bonus cash|
|2012 Chevrolet Impala||$4,000||$3,500 cash back|
|2011 BMW 5-Series GT||$3,500||$1,000 loyalty cash|
|2011 Acura ZDX||$3,000|
|2011 Audi S6||$3,000||$3,000 loyalty cash|
|2011 Range Rover||$3,000|
|2011 Lexus LS 460||$3,000||$750 veteran discount|
|2011 Audi A6||$2,500||$3,000 loyalty cash|
|2011 Mazda Mazda6||$2,500||$500 loyalty cash|
|2011 Toyota Tundra||$2,500||$4,000 cash back|
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