With Post Clunkers Inventory Rising, Incentives Skyrocket

Incentives on cars and trucks are shooting up as dealer inventory, decimated by Cash for Clunkers, is stacking up again. "This year has been a wild ride for automakers, and it's not over yet," said Edmunds.com Senior Analyst Jessica Caldwell. "No segment is unaffected, though the discounts on luxury models and trucks are particularly heavy."  

"Low interest financing and cash rebates dominate the landscape but subsidized lease programs, almost non-existent in the past few years, are increasing," noted Edmunds.com Senior Analyst Michelle Krebs in her report on AutoObserver.com.
 
For a list of bargains, go to Edmunds.com's Deals of the Month, and also be sure to check out the list of 84 vehicles on New Cheaper than Used. To get more details about this car buying trend, visit Edmunds' AutoObserver.com story "Manufacturers Offer Richest Incentives Since Cash for Clunkers."  

Posted by

Philip Reed October 21, 2009, 1:00 PM

Permalink

Categories:

Auto Leasing, Vehicle Incentives and Rebates