1. Memorial Day Car Rebates & Incentives

    05/11/2012 by MYCARLADY

    Here are my picks for the top 2012 Memorial Day holiday car sales rebates and incentives.

    As I have mentioned before, the more in demand cars have little to NO rebates or offers on them. For example, forget a discount or rebate on a Toyota Prius hybrid. LEXUS has up to $750 off many of their hybrids, but inventory is slim.

    The best deal out there if you need a minivan is the KIA SEDONA with $2500 rebate money.

    If you need an  mid-size SUV, look at the MAZDA CX-7, being discontinued, but still a great ride for the money.

    KIA: $500.00-$1000 on most of the cars. Loyalty and competitive rebate avail.  .9%-2.9% interest rates for qualified buyers. BEST BUY $2500 rebate on a SEDONA MINIVAN

    Hyundai: $500.00-$1000 with big money (up to $3000) on Genesis and Equus sedans. ) and 1.9% interest rates for qualified buyers.

    ACURA: from $500 – $2000 on various models and rates as low as .9% for qualified buyers. Great lease deals on TSX, MDX and TL.

    AUDI: from $1000-$3000 in rebates or interest rates as low as 1% for qualified buyers.

    JAGUAR XF & XJ: Competitive, Loyalty rebates and up to $5200 in various incentives. Lease deals start at $499/mth for qualified buyers. 4yr/50k service included.

    JEEP: from $500 on Wranglers to $3000 on Liberty. $1000 on Grand Cherokee and 0% financing for qualified buyers.

    NISSAN: The LEAF has $a 500 rebate, if they are sold in your state that is a huge deal! Otherwise they have rebates up to $3000 on 2012′s and $4k on some 2011 leftovers. Interest rates as low as 0% for qualified buyers.

    MAZDA: The Mazda 3 has a great rebate or interest rate as low as 0% for qualified buyers.

    HONDA:  Interest rates as low as .9% and some special incentives of $500-up to $2000 to the dealer for advertising support. Lease deals are a better way to go, but you will find short supplies of popular models and color/option combinations.

    TOYOTA: The best deal here is the $1000 or 0% on Corolla. The other cars scale from $500 to to $1000 on the more expensive models. Nothing on Prius. They do offer 2 year free basic service at no charge.

    VW: NO REBATES  The best you can hope for here is a 0% to 1.9% rate for qualified buyers. Disclaimer: Not on my Top 10, but they do make popular cars so I threw them on the list for information purposes only.

    READ MORE: 3 TIPS for CAR SHOPPING THIS MEMORIAL DAY

    Good luck finding the car you want and the rebates or interest rate, it’s a process. If you need help with your car shopping fill out and submit the form below.

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    Please note: rebates change so check with the dealership. You may not be able to use a rebate AND low interest rate.

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    Sarah Lee Marks is MyCarlady. She has over 22+ years of experience.
    She writes about cars, and is a staunch consumer advocate on car related subjects.
    MyCarlady offers free car buying advice, and private, auto-related services to help you maintain your personal or commercial vehicles.
    Call Sarah Lee for more information: 702-521-7546




     


  2. Memorial Day 2012 Car Sales Deals: 3 tips

    05/10/2012 by MYCARLADY

    What can you expect for car sale deals from car dealers and auto manufacturers this Memorial Day?

    The key to finding the best car deal this Memorial Day 2012 Holiday Summer sales event launch is three things:

    1. Have realistic expectations of discounts, rebates, interest rates, incentives and trade-in values.

     

    2.  Have at least a Cash down Payment of $2000 or more.

    3.  Have a FLEXIBLE attitude toward the Car Model,  Option, and Color.

    So what does this mean when you are buying a new or used car this Memorial Day holiday?

    #1.  The Great Recession has taught everyone, especially car makers to keep inventories at thin to on-demand levels, thus reducing the need to entice the consumer to buy their over-stocked cars. In addition, the cost of making and importing many models made overseas where the dollar is at a low value, means the profit margins on these imports has been reduced. Thus, less discounting and fewer, smaller rebates. On many HOT car models there are NO REBATES unless you currently drive a specific competitive model or are an existing=brand loyal client.  For example: You drive a Toyota Camry and want to purchase a Hyundai Sonata or KIA Optima which are direct competitors of the Camry, so maybe there is a small rebate between the companies. The point is, forget the thousands of dollars in BIG rebates and discounts of yesteryear, UNLESS you are considering a 2011 model, soon to be discontinued model, slow-selling, gas hogging vehicle or one with poor safety or reliability ratings. (**HINT HINT you don’t want it even with big price cuts.)

    #2.  Have some cash down or a trade-in valued at $2000 with a clear title.  Banks do not want to finance dealer and state fees, taxes and extra add-ons like warranties and Lo-Jack. Come to the dealership with cash/check/credit card and/or the title. The lower your credit score, the MORE CASH DOWN you will need.  NO JOKE, be prepared to answer more questions about personal credit information and talk to the bank for verification of your auto loan BEFORE final approval.  Great credit or not, the auto loan banks are scrutinizing every auto loan equally.

    #3.  Perhaps the hardest thing to overcome this Memorial Holiday car sales weekend will be the limited selection.  NEW CARS: For HOT models, the dealers will have one or two of each car, if you are lucky. Recently a client went to see a KIA Optima only to find the dealer had only one in stock. Not one of each option package, ONE period. Whether you are shopping online and calling to ask if that car is in stock, be prepared to have some salespeople say, sure it’s here, only to find it GONE when you arrive.  If it’s a holiday weekend, on a hot model, yes, they can sell that fast. SO my tip to you this holiday car buying season… If you find a car you like, (especially a hot model) at a price you can afford, and you NEED to make the purchase in less than 90 days, BUY IT.  That doesn’t mean you shouldn’t try to negotiate, go ahead and haggle if you like, but be realistic given these examples and suggestions. Don’t waste your time or theirs haggling over a few dollars and the loss of a day off, because there is a high likelihood, the car you are discussing won’t be there when you come back the next morning, because the people who test-drove it the night before are back to take delivery while you are driving to the next lot.  *** If you can afford and have the patience to wait upwards of 90-120 days, considering ordering a 2013, when things will hopefully improve for global auto parts manufacturing and dollar values worldwide.

    USED CARS: Everything pre-owned is still over-priced, as limited trade-ins and a drastic reduction in off-lease and fleet returns have serious affected the availability of mid-priced 3-5 year old used cars. The 6+ year old trades are more often junk, wrecked or high-mile worn out beyond re-saleable. The good thing is if you are trading a nice, clean, well-maintained 3-6 year old car, you will get top dollar on your trade-in plus the tax credit!

    HOT CAR LIST for 2012 Memorial Day Sale:

    KIA- all models

    Hyundai- All models

    Toyota- All model cars, small SUV’s and Prius V and C hybrids.

    Porsche 911, Cayenne, Panamera and Hybrid versions

    Jeep Grand Cherokee

    Chrysler 300

    Honda- all models

    Nissan- Juke, small cars

    Audi- A6, A7

    Ford- Edge, Small cars, Ranger, Hybrids.

    Lease Deals:  Mercedes Benz C250, BMW 325i, Jaguar XF, Chrysler 300, Honda Accord, VW Jetta

     

     

     

     

     

     

    READ MORE: USED CAR PRICES THIS MEMORIAL DAY 2012 CAR DEALS 

    ——————————————————-
    Sarah Lee Marks is MyCarlady. She has over 23+ years of experience.
    She writes about all things car related, delivers car reviews at

    http://www.youtube.com/MYCARLADYTESTDRIVES

    and is a staunch consumer advocate on all types of auto subjects.
    MyCarlady offers free car buying advice, and private, auto-related services to
    help you maintain your personal or commercial vehicles.
    Call Sarah Lee for more information: 702-521-7546
    —————————————————————————–




     

     

     


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