GM Offering $1,000 Rebate on V6 Equinox and Terrain
GM currently has a shortage of the 2.4-liter models with no end in sight. The good news? They have plenty of the V6 models to go around, plus they're throwing in a $1,000 cash-back rebate.
The V6 on the Equinox is a $1,500 option. When you factor in the rebate, plus the additional flexibility on price negotiation, you're probably looking at paying the same price as the 4 cylinder.
The only problem is that the V6 gets only 17 miles per gallon city and 24 miles highway, while the 4-cylinder gets 22/32 - a savings of around $600 per year on fuel costs.
Another negative: Most review sites prefered the 4-cylinder over the V6 models. But, if your heart is set on these models and you're having a tough time finding one, this may be the option for you.
Be sure to use the CarWoo Negotiation Tool when getting pricing.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow 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