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
|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|
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