The 2013 Holiday Car Sales start Memorial Day
What can you expect from new and used car dealers this 2013 Memorial Day Weekend?
The new car inventories are finally showing signs of balancing out a reasonable selection of colors and options across the board for most car makers.
That said, there is limited haggling when it comes to the hot selling 2013 Porsche Cayenne, 2014 Porsche Cayman and 2013 Porsche Boxster Boxster, Ford Flex and Edge, Chevrolet Corvette, almost every Audi or Range Rover model and the new Toyota Rav.
If you are not shopping those brands, the incentives are typically $500-$1000 depending on the manufacturer, popularity and/or expense of the model.
For example here are a few tidbits from Toyota. Notice you can have the CASH or the 0% for up to 60 months, which is really the better deal, unless you can get a interest rate below 3% and will pay the car off sooner than the term. If this is your situation, take the rebate and finance elsewhere, however, you would want to pay the vehicle off by year 3.5 to get more bang for the buck than the $3000.00 of the bigger incentive. BTW, Tier 1 and 2 means over a 700 credit score to qualify. You will still have to put some money down as most banks will NOT finance dealer fees, warranty and taxes.
Luxury Car Makers Offer Conquest, Competitive and Loyalty Incentives to Capture Memorial Day Car Buyers.
If you own a Mercedes Benz. BMW, Jaguar and want one of those OTHER makes, it’s a great time to make the switch. Jaguar is offering $2000 to get you out of your MB or BMW, and many dealerships are paying considerably more for your trade-in, regardless of any early lease termination or remaining loan balance. Porsche is paying up to 12 months of your current Porsche Financial remaining lease payments if you switch to another Porsche model! Recently Chris W. walked away from over $7,000 in remaining payments to grab a great deal on a 2013 Porsche 911 Carrera Coupe and the new payment was less than when he got a quote for the same car two years earlier. “This new 2013 is the new 991 body style Carrera 911, which was the reason I didn’t lease the 911 (997 body style) back then,” he offered.