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Get To Know The Best New Car Incentives And Rebates For April 2011
Get To Know The Best New Car Incentives And Rebates For April 2011
Sales usually remain strong for entire month of March 2011 with demand for small, fuel-efficient car. And as a result car dealerships need not offer attractive new car incentives and rebates. Hence, overall incentives were down for entire month and dealership expected this to be continued. If you are looking for good auto deal than April is not the correct time to purchase new car.
Philadelphia,
PA,
United States
(pr4links.com)
23/04/2011
April is not the right time to purchase a new car if you are looking for good new car incentives and rebates. Moreover, your chance of getting good car deal becomes difficult with ongoing crisis in Japan which is the major hub for automobile production. Japan catastrophe has major effect on the automobile industry and now even local car makers have cut down their production as they try to conserve important automobile parts. This means that there are chances of facing shortage in supply of new cars which can make it difficult for you to get desired car model and other features on car. Moreover now day’s car buyers prefer small economic fuel efficient cars to cope up with rising fuel pieces. Hence high demand of small cars and limited supply for small cars makes it very difficult for automakers to offer any incentives.
Latest research shows that there is major declination in incentives from February to March. The main reason for this declination is expected to be a result of 26% month over month jump in sales of compact and subcompact cars which usually have very low incentives compared to new sport cars and trucks. In March domestic car manufactures are expected spend an average of $310 less on car incentives than what they spend in February. This means that customers spent 16.7% more on their new car in March than those who purchased new car in February.
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Problems in new car production are expected to last till mid June and with gas prices rising all time. If you are looking forward to get cheap new cars for sale with attractive incentives and rebates than it is advised to wait for some time. But if you are looking for big vehicle like SUV’s or truck than you can find some really good deal. According to the latest research on new car incentives it has been found that leading car manufacturing companies like Chevrolet Cruze offered 2.9% financing for 60 months. If you choose Chevrolet Malibu than you can choose any one between $2,500 cash back or 0% financing for 60 months. If you are choosing more expensive and big automobile than you can get better incentive.
If you are finding fuel efficient cars than you can get some deals but don’t expect any big cash back offer for small cars. But you can be offered 0% financing and attractive lease deals. You can also be offered good deal on your new car insurance. Carry out proper market research on the incentives and rebates offered by different car dealership on different cars before finalizing the car deal. This will give you an edge in negotiating car price with your dealerships and will save you from falling into any type of scams.