As you'd expect from a sales market that's fallen as far as the U.S. automotive industry itself, there are plenty of good deals to be had for the savvy new car shopper. Last month, for example, Edmunds estimates that the average new car last month was available with $2,714 in rebates. That represents a 12.5% average increase over exactly one year ago. The biggest rebates are on leftover 2008 models which themselves accounted for an unusually high 27% of new car sales in January.
At first we thought it had to be a mistake. General Motors is already paying customers to take the 2008 Buick Enclave off their hands? It's not even on dealer lots yet, but Automotive News reports Buick is offering $1,000 "Conquest Bonus Cash" and 4.9% financing available on the $32k+ CUV.