Last minute Memorial Day Rebates clear dealer lots.
The ramp up to Memorial Day car sales has brought a flurry of new car shoppers out early.
Dealers are reporting an uptick in 2017 models as manufacturers increase rebates to move old age units before summer factory holidays and retooling shutdowns.
Rebates and Lease deals to check out NOW!
- Hyundai and Kia are offering up to $2250.00 off many models’
- Nissan has a killer lease deal on the newly restyled 2017 Rogue at $199.00 a month.
- Acura is offering a TLX lease for the same $199.00 a month but watch the mile limit to be sure you will be within the limit, or pay more at the end of the lease.
- Chevy and GMC has some Tahoe/Yukons with $1500.00 off and Sierra/Silverado trucks with up to 4500.00, if you find a qualifying “SELECT” vehicle.
- Honda is offering great lease deals on all their most popular cars, starting as low as 139.00 a month for a new 2017 FIT or .9% for up to 60 months. Eligible Certified used Honda buyers can get 1.9% for 60 mos.
- Toyota gives up some cash rebates in addition to leases, and finance deals of 0% for up to 72 months on 2017 Camry, Yaris ia, and 60 months on Corolla, Rav, Prius, Tundra and Sienna.
- Families hoping to take that cross-country trip in a new Sienna or Odyssey should grab one now while le and ex-l models are still available, lest you be left with a choice of Touring or Limited’s boasting a $50k MSRP.
Credit Scores RULE the Incentive Wheel, but DON’T WAIT.
If your current FICO AUTO credit score is below 720, do not expect the BEST low interest rates of 0% for 60/72 months offered by many auto loan finance companies through May 31st, 2017. Auto loan interest rates are expected to climb up another point by year end. Those new car shoppers hoping to score a 2017 model-year-end deal in September when the 2018’s show up would be well advised to make a buying decision now, while there are 2017’s to choose from.
- KIA’s “Summer’s on Us” and “Take a Spin” is offering no payments for up to 5 months or 0% for up to 66 months to qualifying buyers.
As summer demand picks up with Memorial Day around the corner, the last remaining shipments of new 2017’s are arriving at dealer lots by the end of the month. The car makers will shut-down production June 1st, if they haven’t already, and will stay closed longer this summer. This technique to keep production in-line with a supply and demand forecast which expects a drop in new car sales this year, will likely frustrate shoppers who missed their window of opportunity to score a great deal on the car of their choice.
HYBRID OPTIONS SHRINKING.
Mercedes Benz, Audi and a number of other car companies are holding back release of their 2018 hybrid models amidst conflicting signals from the current administration on CAFÉ standards. The new 2018, $37,500.00 Chevy BOLT offering 238 miles to a charge, like the Hyundai Ioniq Electric are slowly rolling out in limited release to energy-centric states starting with California. Many Electric car enthusiasts hope California will hold car makers to their firm line on MPG and EPA-carbon emissions, forcing production to maintain a 50 state standard.
- Meanwhile Toyota Prius, Kia Niro, Nissan Leaf and Chevy Volt have incentives on remaining 2017 models parked on dealer lots now.
Click here for more on Memorial Day 2017 sales event specials.
Questions about your next car? Contact Mycarlady.com’s Sarah Lee, where advice is FREE. SarahLee at mycarlady dot com.
The author, Sarah Lee Marks is a 26 yr. auto executive who writes about all car related subjects. She offers advice to car buyers and offers personal car concierge and fleet management services. For more information reach out to Sarah Lee at this website. sarah lee at mycarlady dot com.