Tag: discounts

By on August 6, 2019

Who’s talking about the C7 Corvette these days? Precious few, that’s who, as the recent appearance of the mid-engined C8 has sucked all the attention away from the current-generation Chevrolet two-seater.

This situation, paired with the need to clear existing inventory, could be advantageous for buyers of the departing model, assuming you’re ready to shell out nearly six figures for the hottest C7s around. (Read More…)

By on April 16, 2019

All-new 2018 Jeep® Wrangler Rubicon

Studies have shown that purchasing a new Jeep Wrangler is almost as stable an investment as buying gold. In terms of retaining value, the Wrangler is king, boasting a rate of depreciation that undercuts the industry average by half.

With this in mind, it’s not common to see people shopping around, sniffing out boffo bargains on hard-to-sell Wranglers polluting local dealer lots. It simply isn’t a thing. If you’re in the market for one, however, now may be a good time to start searching. (Read More…)

By on October 22, 2018

Flat new vehicle sales and an industry that’s far more interested in making crossover lovers’ dreams come true add up to a poor environment for a traditional new car buyer.

We’ve already told you how high demand for a shrinking supply of off-lease sedans and hatchbacks has sent used car prices through the roof compared to just a few years ago. That erased a go-to option for many thrifty buyers. In the new car market, however, automakers’ need to boost profits in a stagnant market means incentive spending is dropping as fast as used car prices are rising.

It’s not just sedans that saw a decline in discounts last month. (Read More…)

By on September 20, 2018

This time last year, automakers were busy offering discounts to Houston-area residents in the aftermath of Hurricane Harvey. With Hurricane Florence now leaving billions of dollars in damage in her wake, we appear to be settling into an new trend of annual incentives stemming from natural disasters. It’s like truck month for a very specific and unfortunate consumer group.

While none of the current deals are on par with replacing a vehicle obliterated by the storm, they are nice little incentives that could help influence your purchasing decisions. CarsDirect compiled a short list of the manufacturers offering discounts if customers can prove their automobile was lost to an Act of God this month.   (Read More…)

By on February 16, 2018

2017 Nissan Rogue SL - Image: Nissan

It’s not fair to say there’s no truth in advertising; commercials often show vehicles driving in a straight line down a dry road, and we all know they can do that. Only the most gullible among us thinks a new muscle car will improve their love life faster than Billy Dee Williams can crack open a can of Colt 45.

All too often, smokin’ deals do not await shoppers who leave the house without reading the fine print. And even that fine print can hide whether you’re actually getting a bargain. With President’s Day coming up on Monday, here’s a few examples of juicy car promotions that are sure to waste someone’s time. (Read More…)

By on December 5, 2017

2016 Volkswagen Touareg

Volkswagen’s 3.0-liter diesel V6 isn’t returning to the U.S. anytime soon. After forking over roughly $25 billion in the wake of its diesel deception, the company’s not exactly enthused about getting back into the compression ignition game. But that doesn’t mean buyers aren’t.

Europhiles with a penchant for low-end torque can still get their hands on a diesel Volkswagen or Audi SUV that meets federal emissions standards. And, thanks to new discounts, they’ll stand to save some money. (Read More…)

By on November 7, 2017

2018 Lincoln Navigator, Image: Ford Motor Company

Despite the addition of a corporate split grill a few years ago, there’s no denying Lincoln’s outgoing Navigator is one old piece of kit. As such, the glitzy premiere of the new-for-2018 Navigator heralded greater full-size Lincoln SUV sales not just from new buyers, but returning ones.

Having seen what Dearborn was up to, it seems some inhabitants of the Renaissance Center decided to try and spoil Lincoln’s fun. If you’re the owner of a 1999 or newer Lincoln vehicle who’s thinking of maybe getting into a new Navigator, Cadillac would like you to know there’s 5,000 smackeroos waiting for you on the hood of your nearest Escalade. (Read More…)

By on August 30, 2017

2017 Dodge Challenger GT AWD, Image: FCA

There was quite a debate occurring in TTAC’s private Slack channel yesterday — a conversation sparked by knowledge of a new discount from Fiat Chrysler Automobiles extended to those who lost insured vehicles in Hurricane Harvey.

The timing of the offer — CarsDirect  claims the deal was valid as of August 28th, even as images and video of the waterborne and helicopter rescues of Houston-area residents filled television screens and social media — raised an eyebrow. How soon is too soon? It would seem the main concerns of impacted residents over the past couple of days included finding food and shelter, reconnecting with loved ones, and perhaps picking up the pieces in both flood- and wind-damaged communities. Not shopping for a new vehicle online.

The nature of the offer sparked further debate. Affected residents in certain Texas and Louisiana counties can show a copy of their insurance claim form to receive $500 off the purchase or lease of a new FCA vehicle, certain models (like the Jeep Wrangler, Chrysler 200, SRT models, and Alfa Romeo Giulia Quadrifoglio) not included. Buyers can combine the offer with other applicable discounts.

$500 off that new Grand Cherokee? Whoo-wee, you might say. At what dollar amount does a post-disaster offer change from feeling like an opportunistic sales grab and more like a gesture of kind-hearted humanitarian assistance? Or is this just cynical thinking — should we regard any offer as a sign of generosity? It’s certainly not a new practice for any automaker. On and on it went.

Of course, any conclusion comes down to the individual. But this morning we heard FCA isn’t alone in offering deals to Harvey victims.  (Read More…)

By on August 10, 2017

2017 Volvo XC90 Excellence - Image: VolvoIn anticipation of a welcoming party for 2018 models, non-Volvo luxury car owners are currently eligible for a discount valued at $23,500 on a handful of remaining copies of the 2017 Volvo XC90 T8 Excellence.

There’s only one problem. The Volvo XC90 T8 Excellence is not exactly the most affordable member of the second-generation XC90 lineup. In fact, the T8 Excellence is the most expensive XC90 in America — by a wide margin. While the XC90 range opens at $46,745 for a five-seat front-wheel-drive variant, the T8 Hybrid turns on the lights with 400-horsepower for $69,895. Bump up another couple of trim levels and you’ll find yourself at the — let me clear my throat — $105,895 XC90 T8 Excellence.

Yet the $20,000 bonus Volvo is paying to dealers for XC90s in T8 Excellence trim means the laughably high $105,895 price — $1,005 more than a Land Rover Range Rover Supercharged — and a $3,500 conquest bonus drops the $105,895 XC90 T8 Excellence way down to $82,395.

It also means you lay hold on what CarsDirect’s Alex Bernstein says is, “the single largest discount on any vehicle at the moment.” (Read More…)

By on March 5, 2017

500e

Almost a month ago, I wrote that the Ford Focus Electric was the cheapest car in North America. Because federal, state, and local incentives are rolled into the price of a lease, along with the sizable discounts applied by the manufacturer, a $30,000 dollar EV can easily be priced below a $16,000 internal combustion model. Those piling discounts on other models have dethroned the Focus as America’s cheapest car.

Fiat’s 500e can currently be had for roughly the same price as a decent pair of sneakers, continuing the trend of bargain basement pricing on small electric cars. At $69 per month for 36 months with no money down, it’s also a better deal than the shoes — which can typically only manage a few hundred miles before becoming a tattered mess. With some evening reprieves to recharge, the Fiat can top that in a week with only the slightest hint of tread-wear. However, this incredibly low leasing rate for the $33,00 EV isn’t even the best deal of the last few months.  (Read More…)

By on February 27, 2017

2017 Chevy Silverado 1500 W/T

The pickup is as much of a stereotypical American icon as gun ownership and throwing things away. Last year was a particularly good one for trucks, with Ford F-Series sales reaching pre-recession volume and a 10-year high and Ram recording a seventh year of growth. However, with sales peaking for the other domestic labels, General Motors’ share of the market shrunk.

What’s the solution to whatever consumers find lacking with GM’s product? A price war, of course. While Ford Motor Company and Fiat Chrysler Automobiles are scaling back, GM upped incentives from last February by 56 percent for the Chevrolet Silverado and 82 percent for the GMC Sierra. With the pickup segment being so important in North America, nobody wants to lose ground. Aggressive discounts are often the only way to overwhelm brand loyalty, but the practice is also guaranteed to eat into profits while annoying the competition. (Read More…)

By on October 29, 2016

Rear Volvo Word mark Volvo S90 Mussel Blue

First it was Hyundai flinging special discounts in the direction of imminently carless Volkswagen diesel owners. Now Volvo has added its name to the list of automakers attempting to woo this unique crop of vehicular nomads.

The approval of Volkswagen’s massive settlement deal with U.S. owners and environmental regulators on Tuesday is apparently a sales opportunity not to be missed, but Volvo is approaching it from a different direction than Hyundai. (Read More…)

By on October 27, 2016

2017 Hyundai Elantra Limited, Image: © 2016 Steph Willems/The Truth About Cars

Feeling burned by your former suitor? Want to get even with the German who caused you so much trouble and heartache?

Hyundai wants disenfranchised Volkswagen diesel owners to run into the warm arms of their caring South Korean friend and has a tailor-made deal ready to rope them in.

Commence operation “V-Plan.” (Read More…)

By on October 5, 2016

2016 Nissan Titan XD PRO-4X on Offroad Trail, Image: © 2015 Mark Stevenson/The Truth About Cars

It’s increasingly looking like 2015 will be a high-water mark for U.S. auto sales, with September sales stats showing a cool-down in the new car market.

Faced with a long-predicted slump — the duration of which is still anyone’s guess — and growing competition over remaining market share, automakers have boosted incentive spending to its highest level since the depths of the recession. (Read More…)

By on August 10, 2016

2016 Nissan Leaf, Image: Nissan

With Nissan Leaf sales falling like autumn foliage, a few enterprising EV fans hope to reverse the trend (or at least slow it) through group discounts.

After a Colorado group negotiated a 248-vehicle Leaf purchase for the you’re kidding me price of $12,130 per unit, other groups now wants a piece of the cheap Leaf action. In Montreal, 2,500 Quebec residents just signed up for a reduced group price, while a Wisconsin group negotiated a similar discount. (Read More…)

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