Autoblog

Mitsubishi launches big incentives through Sam's Club

Chris Shunk — Wed, 09 Dec 2009 15:58:00 EST

Filed under: Car Buying, Marketing/Advertising, Mitsubishi, Earnings/Financials

2010 Mitsubishi Outlander GT - Click above for high-res image gallery

Twin pack of bread, 36 bottles of water, 24 rolls of toilet tissue, a 64-oz. box of cereal and... a 2010 Mitsubishi Galant. That may sound a bit odd, but if you want certain 2009 and 2010 Mitsubishi models with zero percent financing or discounted lease pricing, you'll apparently have to head over to your local Sam's Club. Automotive News is reporting that the discount warehouse is offering special deals on select Mitsubishi models through its Auto Buying Program that could well be better than the offers you'll get at your Mitsubishi dealer. Eligible models for zero percent financing for 60 months include the 2009 Lancer, Eclipse and Outlander and the 2010 Galant and Endeavor. Discounted leases will also be available for the 2010 Lancer Sportback and the 2010 Outlander.

The Japanese automaker reportedly struck a deal with the retail giant to display some of its models at select stores. Mitsubishi Motors Credit America will supply the special financing, which will be reserved for Sam's Club customers with sufficient credit. The discount warehouse club will display the cars through February. With Sam's Club's 500 stores and over 40 million members, this could be a pretty good program for the struggling Mitsubishi, although we don't see it doing anything to combat the brand's discount perception.

[Source: Automotive News - subs req'd]

Mitsubishi launches big incentives through Sam's Club originally appeared on Autoblog on Wed, 09 Dec 2009 15:58:00 EST. Please see our terms for use of feeds.

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How Thoughtful: Lamborghini offering 0% financing on new Murciélago LP640 models

Chris Shunk — Wed, 14 Oct 2009 13:29:00 EST

Filed under: Car Buying, Convertible, Coupe, Performance, Lamborghini, Earnings/Financials

Lamborghini Murciélago LP640 - Click above for high-res image gallery

A Lamborghini Murciélago LP640 starts at around $350,000 and can quickly crest $400,000 with the addition of a few options and a dropable top, and the LP640-4 starts at $450,000. That's a lot of coin to be sure, but in the spirit of pulling together to ride out this whole "recession" thing, Lamborghini is looking to ease the blow of $7,000 per month financing with a new 0% offer for the 2009 and 2010 Murciélago coupe and roadster. The Italian supercar maker is offering 0% for up to 60 months for customers with credit scores over 740 and down payments somewhere north of 10% (the press release doesn't provide an exact number). That's a pretty big bargain considering a buyer picking up an LP640 for $400,000 with $80,000 down (20%) for $5,333.33 per month over 60 months, while the typical 5.9% interest rate would bring the monthly payment to $6171.63 with $50,297.67 in accumulated interest over the course of the loan.

Lamborghini is also offering 5.9% interest for up to 12 years for customers with 10% down and a credit score of 700. That makes for a monthly payment of about $3,500 per month on a $400,000 LP640, with $143,000 in interest over the course of the loan. While those loan terms sound all right to us, we're sadly still a bit short on funds for the Autoblog garage. Hit the jump to read over the Lamborghini presser.

Gallery: Review: 2008 Lamborghini Murcielago LP640

All photos Copyright (C)2009 Drew Phillips / Weblogs, Inc.

[Source: Lamborghini]

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How Thoughtful: Lamborghini offering 0% financing on new Murciélago LP640 models originally appeared on Autoblog on Wed, 14 Oct 2009 13:29:00 EST. Please see our terms for use of feeds.

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GM: Take our cars please! - 0% financing extended until 7/07

Dan Roth — Tue, 01 Jul 2008 13:59:00 EST

Filed under: Car Buying, Etc., Marketing/Advertising, GM

This Independence Day might be the time for waving the red, white, and blue, but GM wants to nab some green, too. The automaker is extending its 0-percent financing sale, which it kicked off on June 24th as the "72-hour sale," until July 7th. The extension of the special financing offer allows dealers to capitalize on the increased floor traffic that GM's advertising onslaught generated. The sale and advertising frequency get people in the door, but many car buyers hem and haw, making it tough to close a deal in just a week's time. The extension gives salespeople a reason to ring up prospects and offer them the sweetest deal they can muster on a new General Motors vehicle. While we'd love to get a C6 Corvette for $20,000 off invoice and 0 percent terms on the loan, our blogging income likely supports a Certified Used vehicle instead. On that end, GM is also offering financing between 2.9 and 4.9 percent on a raft of used models like the Impala, Malibu, Envoy, G6, and Lacrosse. These are the most favorable terms you're likely to ever find, until someone starts desperately handing out -1% financing whereupon they pay you to take the car.

[Source: Automotive News - sub. req'd]

GM: Take our cars please! - 0% financing extended until 7/07 originally appeared on Autoblog on Tue, 01 Jul 2008 13:59:00 EST. Please see our terms for use of feeds.

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Chrysler kicks off Employee Pricing Plus with 30-day guarantee and 0% financing

John Neff — Fri, 30 Jun 2006 12:31:00 EST

Filed under: Car Buying, Trends, Chrysler, Daimler, Dodge, Jeep

Today the Chrysler Group announced that all customers would be eligible for employee pricing on qualifying 2006 and select 2005 model year Chrysler, Jeep and Dodge vehicles as of July 1st. The Employee Pricing Plus program also offers customers zero percent financing for 36 months on most models financed through Chrysler Financial. Instead of financing, customers can also choose $3,500 cash back. But that's not all, customer's will also have the option to return a vehicle under the 30-day Return Program (providing certain conditions are met).

Which vehicles are excluded, you ask? The Dodge Viper, Ram SRT-10 and Sprinter van.

In order to promote the new Employee Pricing Plus program, participating dealerships will be until midnight starting tomorrow through July 5th. The company has also launched the "Ask Dr. Z" advertising campaign, which we'll have more details about in a later post.

[Source: Chrysler]

Chrysler kicks off Employee Pricing Plus with 30-day guarantee and 0% financing originally appeared on Autoblog on Fri, 30 Jun 2006 12:31:00 EST. Please see our terms for use of feeds.

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