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Honda Offering $3,000 Hidden Incentives
December 12, 2013If you're looking to purchase a new Honda, the end of this month provides a rare opportunity for you to save up to $3,000.
According to an article on Automotive News, Honda is offering a special hidden incentive to its dealers. If their December 2013 sales top those of December 2012, those dealers are eligible for $3,000 for each car they sell above their December 2012 sales total. This presents a tremendous opportunity for car shoppers because many of these dealers will pass the hidden incentive on to the buyer.
This incentive program is reportedly running from December 3 to January 1, so I recommend waiting towards the end of the month to take advantage of this program. That's when dealers will know if they're on track to hit their goals. The key is to contact as many dealers as you can (I recommend getting price bids from 7 dealers, up to 250 miles away - Read my step-by-step guide)
You can also use TrueCar to quickly compare prices in your local region.
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).
Select Vehicle to Get Local Pricing
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
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About The AuthorGregg 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.
I welcome your car buying questions. Email Me and I'll be glad to answer them!