Archive for July, 2012

In order to increase car sales this trimester Chevrolet is now launching a new campaign named “Love it or Return It”.

All Chevy buyers will be allowed to return their cars and receive a full refund as long as the car has not been driven for more than 4,000 miles and has of course, no damage.

This offer is applied on 2012 or 2013 models and the vehicle needs to be returned within 30 to 60 days of the purchase date.

There are also pricing deals available, reducing costs from $600 to $1000 off some models, such is the case of the well sold Chevy Cruze and the Equinox.

Chevrolet has sold around 6% more vehicles when compared to the same period in 2011, however it has lost market share to Toyota, Chrysler, Jeep and Volkswagen. This initiative focuses in increasing their share for the remaining of the year.

This offer will be available from now until September 4th. Come take advantage of the best car prices and best car deals of the moment.

It’s a good time to negotiate a car deal as both manufacturers and car dealers are willing to lower prices in order to sell 2012 models.

2013 is around the corner and new models are coming out. Ford Fusion as an example, is launching a new version very soon, increasing current incentives and rebates on the 2012 Fusion.

Cash rebates, factory discounts and plenty of incentives can be found not only on the following models, but plenty more, depending on state and car dealership.

    2012 Ford Fusion S
  • MSRP: $19,999
  • Dealer discount (estimated): $350
  • Factory discount: $2,000 (Delivery Allowance factory to dealer rebate)
  • Factory discount: $915 (Employee Pricing Discount factory to dealer rebate)
    2012 GMC Canyon SLE 2WD
  • MSRP: $26,125
  • Dealer discount (estimated): $1,350
  • Factory discount: $7,000 (Stackable Cash factory to dealer rebate)
  • Factory discount: $750 (Student Bonus factory to customer rebate)
    2012 Kia Forte LX 5-door
  • MSRP: $19,295
  • Dealer discount (estimated): $550
  • Factory discount: $2,500 (Trading Dollars factory to dealer rebate)
  • Factory discount: $500 (Conquest/Loyalty factory to dealer rebate)

Even though Toyota has made several recalls, had difficulties after Japan’s Tsunami and has had a hard time facing all these matters, consumers choose to be loyal and continue to buy this brand. Toyota cars continue to be amongst the best cars to buy.

The manufacturer has maintained different and appealing cash back rebates, incentives, lease deals and offers throughout the past 2 years.

During different times of the year, customers can obtain a zero % percent vehicle loan rate for up to five, four or three years on chosen models. If you wish to obtain a car deal for a longer period, you can still do it at a slight higher loan rate on select models.

Other great incentives such as no payments for the first 3 months, no down-payment and cash back bonuses, are also available when purchasing some Toyota models.

Once again, as gas prices increase, small car sales also increase.

According to DesRosiers’ research, while fuel prices were low back in 2007, sales of small cars decreased by 50%, while in 2008, when fuel prices spiked, small car sales increased 50% back.

DesRosiers says, “it isn’t necessarily the amount that consumers have to pay for gas that is critical. Instead, it is the expectation of increase and/or decrease. Once gas prices stabilize, even if at a high level, then sales of entry-level vehicles stabilize”.

This remains true as long as car manufacturers don’t offer huge incentives and rebates. Statistics also show that most car buyers will go for the big incentives when these are substantially large, instead of the fuel economy factor. Prove of that is, the consistent number of trucks, pickups, minivans and SUVs sales during 2010 and 2011 and this new semester.

“Each litre per 100 km of fuel efficiency translates into between $3,000 and $3,500 of fuel savings over the life of a vehicle at current gas prices on a present value of money basis. Who knows what gas prices will be 20 years from now, but I’d bet they will be higher – indeed a lot higher – so the fuel savings could be much higher than this amount”.

“So over the life of a vehicle fuel efficiency makes a huge difference in the cost of operating a vehicle.”

Amongst the best small cars to buy at the moment are: Chevrolet Cruze, Hyundai Elantra. Honda Civic, Toyota Corolla and Mazda3.