New Car Incentives and Rebates for August?

July 28, 2009

car-incentives-for-august-september Most new car incentives and rebates are announced by car manufacturers at the beginning of the month, for the month ahead — no sooner. Even car dealers don’t learn about the new incentives until the last minute.

So, at the time of this writing, we don’t know what deals will be offered for August 2009 for those deals that are ending on July 31 or August 3. New deals won’t be revealed until the day after, or sometimes a few days later. Will the new incentives be better than the last ones? Nobody knows.

However a few car manufacturers have already announced incentives for July that extend through August and September.

Here are some examples:

BMW is currently offering (through August 31) low interest rates on most of its models and styles, and special lease deals on the BMW 3-Series models, as well as on selected styles of the BMW 1-Series, 5-Series, X5, X6, and Z4. Also available are cash back rebates on the BMW 3-Series sedans and BMW X5. These are all good deals.

Volkswagen has current incentives that expire at the end of August. The Volkswagen deals come in a variety of forms, from “scrappage” rebates that supplement the new government “cash for clunkers” program (see Cash for Clunkers Rebate Program), to 0% APR loans on many models, to special “subvented” lease deals on selected styles within each model line. They also have some VERY healthy hidden factory-to-dealer rebates that show up as customer price discounts. For example, $6000 on the Volkswagen CC, $3000 on the Volkswagen Passat, and $1000 on the Volkswagen Tiquan.

Infiniti has some of the best deals for August and September we’ve ever seen on most its models and styles — some HUGE factory-to-dealer cash incentives that can’t be ignored. We’ve already written about these Infiniti deals in our article, Great Deals on Infiniti.

Honda’s current incentives are good for August 2009 and end on September 8. As usual, Honda has some incredible good deals on most models and styles. Low interest rates apply to nearly all models and styles. There is also factory-to-dealer cash — which translates to lower customer prices — on the Honda Accord, Civic, and CR-V. The cash is in the $500-$1500 range depending on model. And some very nice lease deals (see Honda Lease Deals for July and August) on one selected style within each of the Honda Accord, Civic, and CR-V model lines.

Land Rover has some very attractive incentives, including 0% APR loans, bonus cash rebates, and some very generous factory-to-dealer cash deals, all of which go through July, August, and September 2009. For example, for the Land Rover LR3 model, you get $1500 bonus cash, 0% APR loan interest for 36/48 months, and $3000 factory-to-dealer cash (dealer can give all or most of this cash to customers). For the Land Rover Range Rover Sport HSE, there is $1500 bonus money, low interest loans, $799 a month lease deal, and $5000 factory-to-dealer cash (Wow!!).

You can get free price quotes on any of the above cars from Edmunds.com. The quotes will automatically include any cash-back rebates or discounts that are currently available.