September Car Deals Announced

september-car-dealsIncentives are starting to roll in from car manufacturers for September 2009. The incentives are in the form of cash-back to customers (rebates), low-interest loans (including 0% APR), special lease deals, and hidden factory-to-dealer cash. Most of the current deals will end on September 30.

Generally, the better deals are on 2009 models where both 2009 and 2010 models are available.

General Motors — Chevrolet, Buick, GMC, Cadillac, Hummer, Saturn, Saab, and Pontiac — has announced a slew of low APR loans, including many 0% deals, and customer rebates on many models. There are no special lease deals in the mix, however.

Let’s take a quick look at some of the GM deals:

Chevrolet – Cash rebates of $1500 are offered on the Chevrolet Cobalt, Aveo, and Tahoe. The Traverse gets you $2000 rebate, and the Equinox, Impala, and Equinox get you $2500. The Trailblazer has the highest rebate at $3500. Additionally, 0% APR loans are offered on nearly all models.

Hummer – Incentives on the Hummer come only in the form of factory-to-dealer cash, sometimes called “marketing support.” As you may know, this is money that a dealer can use in any way he chooses but he usually gives it to customers in the form of price discounts. The Hummer H3T gets $3500, the H2 gets $5000, and the H3 gets $6000. This could make for some nice discounts.

Pontiac – Incentives for Pontiac for September come in the form of customer rebates for all models ($2500, except for the G6 with $3500), $500 factory-to-dealer cash (possible extra price discount), and low-interest loans (2.9% for 12/36/48/60 months).

Saab – The only incentives on Saab models are in the form of high factory-to-dealer cash — $5000 for the Saab 9-3, $7000 for the 9-5, and $8000 for the 9-7X.

Saturn – In keeping with Saturn being known as a “fixed price” brand, there are no direct customer rebates but there are hidden factory-to-dealer cash that ends up being price discounts. Dealers get $3000-$3500 depending on model. 

GMC – Customer rebates are being offered on most models, such as $1500 on the GMC Canyon and Yukon, and $2000 on the Acadia. 0% loans are available on many models as well. For example, the Yukon gets 0% for 12/36/48/60 months.

Cadillac – Most Cadillac models now have some excellent rebates in the range of $2000-$3500 (the Cadillac XLR gets a whopping $10,000 rebate). Most also have alternative 0% APR loan offers for 12/36/48/60/72 months.

BuickBuick models get direct customer rebates for September, as well as 0% APR loans on the Buick Enclave (LaCrosse and Lucerne get 4.9% APR loans).

You can get free price quotes on any of the above vehicles from Edmunds.com. The quotes will automatically include any manufacturer incentives or discounts that are currently available.

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