Toyota Offering Large Incentives on Leftover Models
Toyota is offering cash rebates, low financing, and hidden dealer incentives to help sell the remaining models.
There's up to $3,000 cash back on the 2011 Avalon, a 200% increase from last month. The Avalon also comes with $1,500 in hidden dealer discounts.
Cash back rebates on the 2011 Venza are up 50% - to $1,500. There's also $1,250 in hidden dealer discounts.
The 2011 Toyota Tundra comes with the largest incentives. $3,000 cash back plus $3,000 in hidden dealer discounts.
The model with the most remaining inventory is the 2011 Corolla. There are still nearly 15,000 models available nationwide, and they come with $1,000 cash back plus $1,000 in hidden dealer discounts.
Buying a leftover model can be a smart choice if you intend to keep the vehicle for many years. The 2011 models are now considered one year old so factor that in when negotiating a deal.
Make sure to use the free negotiation service to get the lowest price from local dealers.
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