Archive for April, 2009

Volkswagen and Audi Offer New Incentives Starting May 1

Thursday, April 30th, 2009

Volkswagen and Audi will begin offering a new finance incentive called “United we Drive” beginning May 1.
As part of the program, current Volkswagen and Audi owners or lessees who finance through Volkswagen credit will be able to finance 10% more than they qualify for. This will enable them to purchase vehicles which [...]

GM Will Probably Extend “Total Confidence” Program Through May

Wednesday, April 29th, 2009

GM looks likely to extend their “Total Confidence” program into May due to its early success. The program, launched for the month of April, is similar to Hyundai’s Assurance Program. Under the terms, GM will make up to nine car payments if a buyer loses their job within a year of buying a [...]

GM Will Discontinue Pontiac Brand

Monday, April 27th, 2009

General Motors today announced they will eliminate the Pontiac brand by the end of 2010. There are roughly 65 exclusive Pontiac dealerships in the US which will have to shut down.
If you’ve been considering buying a Pontiac, you may want to think twice. The resale value will probably take a hit. [...]

Will Mini Start Offering 0% Financing?

Wednesday, April 22nd, 2009

For many months, Mini was one of the few manufacturers whose sales were holding up pretty well. Now things have changed. As the economy continues to worsen, even Mini Coopers aren’t selling anymore. So far this year, Mini sales are down 16% compared to a year ago.
For the past 3 months, Mini [...]

Hold Off Buying a Suzuki SX4 Until After May

Wednesday, April 22nd, 2009

The 2009 Suzuki SX4 has been selling like hotcakes recently. At around $15,000, the SX4 is a very enticing alternative to the Mini Cooper, (not to mention it has available all-wheel drive). Sales are up nearly 50% compared to the same time last year. That means you won’t be getting a good [...]

Great Time to Buy a Volkswagen Routan

Wednesday, April 22nd, 2009

The 2009 Volkswagen Routan minivan has turned out to be one of the worst-selling cars in Volkswagen’s history. The newly introduced model rolled into dealer showrooms back in September 2008. Since then, they’ve sold only about 5,500 units.
Sales have been so bad, Volkswagen stopped producing the car only 1 month after [...]

GM and Chrysler Buyers: Beware of Rebate Scam

Wednesday, April 22nd, 2009

GM and Chrysler dealers fear the manufacturer may soon go bankrupt, and they’re trying to figure out how to minimize their losses if that happens. One area they’re worried about is the rebate cash owed to them from the manufacturers.
Rebates are typically paid by the car dealer who then gets [...]

Subaru Rebates for April 2009

Thursday, April 16th, 2009

Subaru has announced new rebates and lease deals on several 2009 models:

Model
Rebate

Subaru Outback
$2,000 cash rebate or 2.9%-4.9% APR

Subaru Tribeca
$2,500 cash rebate or 2.9% - 4.9% APR

Subaru Impreza
2.9% - 4.9% APR

Subaru Forester
2.9% - 4.9% APR

Subaru Legacy
up to $1,000 cash rebate or 2.9%

Rebates may vary depending on location. To see the exact rebates offered in your [...]

Over 1,000 Dealerships Closed in 2008

Wednesday, April 15th, 2009

Over 1,000 dealerships closed in 2008. Another good sign for car buyers.

Huge Rebates on Chryslers Could End Soon

Wednesday, April 15th, 2009

Chrysler will no longer be offering its Employee Pricing Plus Plus program starting in May.   The program launched earlier this year gave customers employee pricing plus rebates as high as $6,000 on 2008 vehicles and $3,500 for 2009 vehicles. In addition, they offered 0% financing for up to 48 months and an additional $1,000 if [...]

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