Sirius XM gets the bulk of their consumer exposure from people experiencing satellite radio when purchasing a new car. The company has an impressive conversion rate of just under 50%, and combined with deep penetration into a wide array of makes and models, the company subscriber metrics continue to look promising. October is bringing a bunch of consumer friendly deals and promotions that should allow car sales to be near or perhaps even above the 1,000,000 cars sold each month that gives SIRI great metrics across the board. This months incentives:
GM, Chevrolet, GMC incentives October 2010 (Includes Chevrolet, GMC, Buick, Cadillac, HUMMER, Pontiac, Saturn, Saab) -
Up to $5,000 cash back and 0% financing on many 2010 models. Up to $1,500 on some 2011 models.
BMW incentives October 2010 - 0.9% to 3.9% financing for up to 36 months. Up to $4,500 cash back on some models. Hidden dealer incentives of up to $12,500.
Chrysler, Dodge incentives October 2010 - Cash rebates up to $4,000 on most models. 0% financing up to 72 months. Hidden dealer incentives of up to $5,000.
Ford incentives October 2010 (Includes Ford, Lincoln, Mercury) - 0% financing on most models. Rebates as high as $5,000 on some 2010 models.
Honda incentives October 2010 - 0.9% to 2.9% financing on some models. Hidden dealer incentives of up to $2,500 on some 2010 models
Toyota incentives October 2010 - 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 incentives October 2010 (Includes Infiniti) - 0 - 4.9% financing on some 2010 models. Up to $5,000 rebates on some models.
Hyundai incentives October 2010 (Includes Kia) - Up to $2,500 cash rebate on some 2010 models. 0.9% - 4.9% financing on 2010 models.
Mercedes Benz incentives October 2010 - 1.9% financing for up to 36 months on some models.
Position - Long Sirius XM