Cadillac is once again defending its full-size luxury Escalade SUV from assault by the hot-selling Lincoln Navigator, offering $10,000 discounts to some current customers to keep them from switching brands.
"We either win in a way that is fair and right or we lose with our honor intact and accept the consequences."
There are still around 6,000 first-generation Chevy Volts at dealers in the United States, and that means big incentives for buyers.
For prospective buyers of Elio Motors' super-fuel-efficient vehicle set to debut next year, one day may cost you $250. For a car that costs $6,800, that's a decent chunk. You've been warned.
Own a Leaf? Nissan would like to keep buyers of its all-electric car it in the proverbial family by offering a $1,000 loyalty discount towards other Nissan vehicles, even those dirty, nasty gas-powered ones.
The Detroit News reports Ford is having real trouble moving its new Focus Electric. As a result, the automaker is offering substantial incentives in an attempt to lure in more buyers. How substantial? Try $10,750 off of a three-year lease. What's more, the EV can now be had for $37,995 ($2,000 less than its original base price) on top of an additional $2,000 cash discount to buy the EV outright – or you can opt for 1.9-percent financing if you work through Ford Motor Credit. None of which
Retail experts have long said that the best time to get discounts is right after Christmas. That's apparently the case for prospective Coda Sedan electric vehicle buyers in the San Francisco Bay Area.
Nationwide Insurance tries to attract potential customers on its so-called "vanishing deductible." Toyota is offering a somewhat similar "vanishing price tag" on its battery-electric RAV4 EV.
Costco has been in the car business for years, offering a few vehicles to members at attractive rates. The warehouse chain also sells tires and discounted fuel. Now Costco wants to take its discounting model right to the dealer service bay.
Put this down as a public service announcement for rich people: A strong loonie is what our neighbors to the north have all been waiting for. Thanks to the loonie's climb up the currency value charts, Porsche has dropped prices of its line by two percent. A Boxster is suddenly $4,000 loonies cheaper than a few months ago, at $55,600 ($55,467 U.S.) vs. $59,600 ($59,457 U.S.), and the number-one-selling Cayenne is now $54,200 ($54,070 U.S.). There's probably no better time to convince your wife to
Realizing that one of its keys to survival is retaining existing owners, General Motors is proactively enticing nearly one million customers – those loyal to now-closed dealerships – with significant financial incentives. According to Automotive News, GM started sending 950,000 letters out last week to customers of stores which have shut down or lost a brand franchise. Included in the correspondence are $1,000 to $2,000 discounts towards purchasing vehicles from one of GM's four surv
Sometimes deals get made, and then the dealmakers have to employ some pretty creative tactics to get the terms to work. Magna's deal for Opel included taking €1.5 billion in short term loans from the German government, the string attached being that Magna had to guarantee German jobs.
Following news that Chrysler will start up employee pricing discounts again this summer, General Motors is jumping into the sandbox, only this time taking another tack -- zero percent financing for six years for many 2006 models, which is expected to be announced next week. It's a way for General Motors to stick by its word that it will continue to be a proponent of value pricing and still fight to keep the market share that has slowly been slipping away from its fingertips.