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Smart Shopper Rebates, Incentives, APRs - Questions & Comments
3978 messages, Last post on Nov 30, 2009 at 9:19 AM
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| I'm looking to buy a new 1998 Ford ZX2. Are there any rebates or incentives for the week of 1/20 to 1/25? Let me know. Thanks. | |
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Just received a quote from a Philadelphia area dealer on a new 1997 Pontiac Bonneville. He included a $2,000 rebate on the quote -- or low-rate financing. I do not see any rebates for Pontiac Bonneville's -- 1997 or 1998 -- on Edmund's site. Is there a $2,000 rebate available and, if so, when does it expire? Thanks for any help you can provide! |
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Thanks, GregAnderson, for the response. I guess that Mitsubishi's practice of adding the holdback to the invoice allows them to have a lower invoice price for the car and options. Other manufacturers must build this into that price. Mitsubishi lists several charges along with holdback on the invoice. Some can even be larger than holdback. The names: Sales Promotion Fund Dealer Advertising Assn. Dealer Flooring Assistance seem to imply that they are also rebated to the dealer. In order to properly compare deals I think Edmunds needs to list these added charges for all manufacturers. I realize that this is all a game and that the dealers will always be a step ahead of the consumers, but we have to try to keep up. Having as full information as possible on the dealer's cost is a great help. |
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| Does anyone know what the invoice, factory to dealer incentive, and the factory holdback are for the Camry 2544 sedan XLE V6 in North Carolina or where I can get this information ? It is not available to Edmund's. | |
| How does one negotiate the dealer holdback? We are purchasing a Dodge Ram pickup. From the Edmunds site, a 3% of MSRP for Dodge is noted. Does this apply to ALL Dodge lines including RAM pickups? We are being charged a DAA of $440 and $25 misc. Is this right? | |
| In answer to your question, mkoehler, there are rebates running on the ZX2. The ZX2 is essentially a more expensive trim level of the Ford Escort, and currently their incentives are the same. Right now, ZX2 customers can choose either $1,000 Consumer Cash or 2.9% financing 12-48 months and 5.9% 49-60 months. | |
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Yes, rsalangs the 3% Dealer Holdback applies to all Chrysler models including Dodge trucks. The holdback amount for this model will be 3% of the net vehicle price including options, but excluding freight and handling charges, preparation, and advertising charges. Keep in mind that the price level of a vehicle depends a great deal upon the current demand for that vehicle in the marketplace. Very hot vehicles are usually sold at or near the actual sticker price, and last month the Dodge Ram Pickup was the 6th best selling vehicle in the whole country. As for the other charges that you mentioned, they are always negotiable. If you don't like them tell the dealer that you won't pay them and see what he says. Sometimes thay'll go for it and sometimes they won't. It can't hurt. Good Hunting... |
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| Subject to specific consumer protection laws in a given state, if you sign a contract without conditioning it upon delivery of the ordered car within the rebate period, the dealer can hold you to the contract even if the rebate expires before delivery. | |
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I haven't read much here or at the Edmund's site or anywhere regarding demonstrator models. I've been shopping for a Ford Explorer XLT in the northwest Pennsylvania area. I've been inquiring about 1997 models in hopes of getting a better deal. A local dealership is offering a very nice '97 Explorer with 6,000 miles on it. I was told that the vehicle was driven by the owner's (or manager's) wife. (I get the impression that when salespeople, managers, and family members get cars to drive from the dealership they are limited to driving these cars for 6,000 mi. only.) This Explorer I'm interested in is in the show room with the original retail sticker in the window. I'm wondering: Is this a new vehicle or a used vehicle? I consider it used but maybe there's some federal, state, or local something-or-other that says a 6k mi. vehicle can be sold as new. If I am right and it is used, how do I figure depreciation off the sticker? Is the dealer still getting holdback? How about holdover allowance for last year's models? If anyone can answer these questions, please do so on this forum, ASAP. Thank you much! |
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Here is a simple (not the only) solution. Find out the wholesale value and the trade in value for a used XLT with 6000 miles on it. You may use Edmunds or Kelly Blue book (kbb.com) or both. The fair price is somewhere in between. I don't know what the law says about the truck, or if it has been titled to the dealership or not. But I don't think you should let the law determine what the vehicle is worth. That is for you to do. |
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