Pickup Truck Incentives Increased
If you're looking at purchasing a brand new pickup truck, you should be aware of increased incentives on the Chevrolet Silverado, Ford F-150, and Nissan Titan XD this month.
Beginning January 10th, Chevrolet started offering a $1,000 trade-in assistance bonus for the Silverado to those trading in a 1999 or newer used vehicle. This is on top of other rebates and incentives that can total up to $7,000 (depending on region).
Also this month, Ford rolled out a $4,000 Loyalty bonus on the 2016 Ford F-150 for anyone with a 1995 or newer Ford or Lincoln model. Buyers of Nissan Titan XD can see discounts of up to $10,000 on certain trims.
With sales hitting a plateau recently, we are seeing increased incentives, especially in the hot pickup truck market. This may be a good month to buy if you've been holding off.
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).
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
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