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Archive for November 2nd, 2010

If you are looking to get a new car now, you might want to hold back and wait for end of November-beginning of December to do so, as they are most likely to have the greatest promotions. Most SUVs, luxury cars and trucks will get rid of older models and make room for newest vehicles.

Overall speaking even though the auto industry remains very cautious about giving away big cash rebates and other incentives, many automakers will offer bargains and end of year sales. While some automakers kept incentives flat, others (Honda and Toyota ), increased on rebates. Honda’s incentives were double last year’s, and Toyota’s were up 50 percent.

According to auto experts, clients will come back when all holiday propaganda and hot deals hit the media on different type of cars. Steve Jett, Marketing Communications Manager for Lexus nationwide says: “This whole idea about giving a car as a gift, it’s one of the long-standing holiday commercial campaigns that has really resonated with the luxury consumer”.

Toyota is more likely to maintain big rebates for the rest of the year while Ford is maintaining its promotions of 15% off sticker price on some of their models.

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