Ford Offering Large Incentives This Month
According to Edmunds.com, Ford is the only major manufacturer to increase incentives this year. Toyota and Honda are expected to join Ford, but not before their inventory levels have fully recovered - probably May or June.
In the meantime, Ford is upping the ante this month by offering large cash-back rebates as well as 0% APR rates on several popular vehicles.
The following is a list of the largest incentives currently offered for 2012 model year vehicles and leftover models. These are all good through April 2, 2012.
Keep in mind that incentives in your local area may vary. Use the CarWoo service to get pricing and detailed incentives in your local area.
|2012 Ford Expedition||$3,000|
|2012 Ford Mustang||$3,000|
|2012 Ford F-450 Super Duty||$3,000|
|2012 Lincoln Navigator||$3,000|
|2012 Lincoln MKS||$2,500|
|2012 Ford Flex||$2,000|
|2012 Ford F-150||$2,000|
|2012 Ford Escape||$1,500|
|2012 Ford Focus||$1,500|
|2012 Lincoln MKZ||$1,500|
|2012 Lincoln MKT||$1,000|
|2012 Lincoln MKX||$1,000|
|2012 Ford Explorer||$1,000|
|2012 Ford Edge||$1,000|
|Leftover Models||Max Rebate|
|2011 Lincoln Town Car||$4,000|
|2011 Ford F-450 Super Duty||$3,500|
|2011 Ford Expedition||$3,000|
|2011 Lincoln Navigator||$3,000|
|2011 Ford Econoline||$2,500|
|2011 Ford Taurus||$2,500|
|2011 Lincoln MKS||$2,500|
|2011 Ford Ranger||$2,500|
|2011 Ford F-150||$2,000|
|2011 Ford Edge||$1,500|
|2011 Lincoln MKX||$1,500|
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