After finishing 2010 strongly auto manufacturers and dealers are preparing for what is typically one of the weakest months of the year (January) for auto sales. In order to entice consumers many manufacturers are ramping up incentives and these moves should get 2011 started on what looks to be a promising 2011. For 2010 over 11.6 million new cars were sold. Analysts project 2011 to exceed 12 million. Incentives for January include:
GM, Chevrolet, GMC - Up to $5,000 cash back and 0% financing on many 2010 models. Up to $3,000 on some 2011 models.
BMW - 0.9% to 3.9% financing for up to 36 months. Up to $3,500 cash back on some models (even some 2011 models). Hidden dealer incentives of up to $12,500.
Chrysler, Dodge - Cash rebates up to $5,250 on some models. 0% financing up to 72 months. Hidden dealer incentives of up to $1,000.
Ford (Includes Ford, Lincoln, Mercury) - 0% financing on most models. Rebates as high as $5,000 on some 2010 models.
Honda - 0.9% to 2.9% financing on some models. Hidden dealer incentives of up to $2,500 on some 2010 models
Toyota - 0% to 3.9% financing on most models, rebates as high as $2,000 depending on region. Hidden dealer incentives up to $4,000 on some models.
Nissan (Includes Infiniti) - 0 - 4.9% financing on some 2010 models. Up to $5,000 rebates on some models.
Hyundai (Includes Kia) - Up to $2,500 cash rebate on some 2010 models. 0.9% - 4.9% financing on 2010 models.
Mercedes Benz - 1.9% financing for up to 36 months on some models.