Customer Incentives Increasing on Luxury Cars
Lexus has led the rise by boosting discounts on its cars by 54% this year and SUVs by 60%, according to Autodata Corporation. Mercedes and BMW have raised their customer incentives by 11% and 6.9% respectively.
All three brands are competing for the #1 best-selling luxury brand title this year. Lexus had held the title for 11 years in a row, but last year BMW took the crown. Lexus is determined to get it back.
Although Audi is not a contender in the race, they have also gotten into the game by raising incentives 18% this year. If you're considering buying or leasing a luxury car, the next several months offers you a great opportunity to get a great deal.
Use the free RydeShopper to take advantage of these increased discounts.
Luxury Lease Deals under $500 per Month
| Vehicle | Monthly | Term | Down | Miles |
|---|---|---|---|---|
| 2012 Audi A4 | $329 | 36 | $2,899 | 10000 |
| 2012 Lexus IS 250 | $329 | 27 | $3,299 | 10000 |
| 2012 BMW 1 Series | $369 | 36 | $2,500 | 10000 |
| 2012 Lexus ES 350 | $369 | 36 | $3,880 | 10000 |
| 2012 Mercedes Benz C-Class | $369 | 33 | $2,865 | 10000 |
| 2012 BMW 3 Series | $399 | 36 | $2,750 | 10000 |
| 2012 Lexus RX 350 | $399 | 36 | $3,209 | 10000 |
| 2012 Mercedes Benz GLK-Class | $419 | 30 | $3,389 | 10000 |
| 2012 BMW Z4 | $459 | 36 | $2,500 | 10000 |
| 2012 Audi A5 | $479 | 36 | $2,799 | 10000 |
| 2013 Lexus RX 350 | $489 | 27 | $3,125 | 10000 |
| 2012 Mercedes Benz SLK-Class | $499 | 33 | $3,275 | 10000 |
My Recommendation for Car Shoppers
TrueCar 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
About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate
the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
Latest Weekly Car Buying Tips
June 2021
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- Which Cars Better to Lease or Buy Jun 17, 2021
- Cars With the Largest Rebates Jun 17, 2021
- Real Prices of Midsize Luxury Cars Jun 17, 2021
- Best Bang for Your Buck Lease Deals Jun 10, 2021
- Best Electric, Hybrid Lease Deals Jun 10, 2021
- Best 0% Finance Deals June 2021 Jun 10, 2021
- Real Prices of New Compact SUVs Jun 10, 2021
- Worst Cars to Lease Right Now Jun 03, 2021
- Top 100 Cheapest New Cars Jun 03, 2021
- Real Prices of Pickup Trucks Jun 03, 2021
- Largest Hidden Dealer Rebates Jun 03, 2021
May 2021
- Best Car Deals by Category May 27, 2021
- Biggest Discounts on New Cars May 27, 2021
- Real Prices of Small Luxury SUVs May 27, 2021
- Top 100 Cheapest Lease Deals May 20, 2021
- Real Prices of Midsize Cars May 20, 2021
- Price Comparison of Subcompact SUVs May 13, 2021
- Real Prices of Large SUVs May 06, 2021
- New Cars You Should Wait to Buy May 06, 2021
- Luxury Lease Deals Under $500/mo May 06, 2021
April 2021
- Real Prices of Midsize SUVs Apr 29, 2021
- Real Prices of Compact Cars Apr 15, 2021