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Top 12 Cars With the Biggest Rebates
June 25, 2015Believe it or not, the year is already half over and car dealerships are gearing up for summer sales in order to move their 2015 inventory and make room for the 2016 models that will be arriving very soon.
To help get that process going, many manufacturers are offering large incentives this month. One of these enticements are rebates, also known as cash back or bonus cash. These rebates can either help lower the price of a car or be applied to your down payment to help lower your monthly payments.
Forbes recently released a list of the 12 new vehicles that are currently offering the largest cash rebates. These vehicles include the Ford Taurus, Hyundai Equus, Mazda CX-9, Audi A8, and GMC Sierra 1500, with potential rebates as high as $5,000, with most offering zero percent financing as an alternative to cash back (I recommend taking the rebate).
And as always, if you want to maximize savings, I recommend you use TrueCar No Haggle and CarsDirect to see the lowest prices in your area.
Biggest Cash Back Offers June 2015
|1||Ford Taurus||Up to $5,000||As low as 0%|
|2||Hyundai Sonata Hybrid||Up to $5,000||As low as 0% with 90 day payment deferral|
|3||Hyundai Equus||Up to $4,500||As low as 0% with 90 day payment deferral|
|4||Audi A8||Up to $4,000|
|5||BMW 6 Series||$4,000||As low as 0.9%|
|6||BMW 7 Series||$4,000||As low as 0.9%|
|7||Mazda CX-9||Up to $4,000||As low as 0%|
|8||Ford C-Max Hybrid/Energi||Up to $4,000|
|9||Ford Fusion||Up to $3,500||As low as 0%|
|10||GMC Sierra 1500||Up to $3,200||As low as 3.9%|
|11||Hyundai Veloster||Up to $3,000||As low as 0%|
|12||Dodge Grand Caravan||Up to $2,500||As low as 0%|
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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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 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!