February 2009 Best New Car Deals
Car sales plunge, heralding bleak 2009, originally uploaded by mashget
I love this quote from U.S. News: Best Car Deals:
“Automakers are no longer just concerned about slumping car sales. They have finally moved into all-out desperation!”
We are definitely seeing a trend here folks. A trend of great deals on new vehicles. The news on the automobile front, is that Hyundai is quite literally the only manufacturer who actually made a few bucks this past January. Not a good sign for things to come for the auto industry in general, but for us laymen consumers, we can sit back for at least one more month and pick and choose from the various deals.
Now did you catch what I said up there? I’ll repeat one more time in case you didn’t. Okay, now read my lips, we can sit back for at least one more month… This is the key phrase for the current deals going on in the U.S. folks. The American manufacturers are going gang busters trying to turn a profit and prove to the government that they deserved their stimulus money and that they are going to do great things with it.
Their idea is to offer the best deals possible. So great, that it will bring their customers back in the showrooms to buy a new car whether or not they really need one or not. Now, if this plan does not work, most predictions indicate that the U.S. auto manufacturers will change gears and actually hike their prices up in order to make even more money from the few folks who are buying right now.
So if you have been waiting around, enjoying the seemingly never ending onslaught of great deals, you might want to get off your can and do something about it now. It may be your last chance to get in on what has been called the best new car market that has ever been and will ever be again (hopefully for our economies sake). So without further adieu, let’s look at what’s going on for the month of February!
BMW
BMW has 2.9% APR offer this month for up to 60 months through March 2, 2009. The deal covers “most” 2009 models, which means forget about the higher echelon models in most cases. But that doesn’t mean that you still can’t score a great deal on one!
Buick, Cadillac, Chevrolet, Pontiac, Saturn, Saab, Hummer, and GMC
This group of automobiles has opened up their annual “President’s Day Sale”. This offer includes a 0% APR for up to 60 months, plus the addition of up to $2,000 cash back on most models (Offer lasts through March 2, 2009)
Chrysler, Dodge, Jeep
Their Employee Pricing deal is still going full swing, which means some fairly significant discounts are in store for many of their models. They are also offering 0% APR for 36 months, plus a few cash back offers here and there, but nothing to shout from your rooftops about. (Offer lasts through March 2, 2009)
Ford
We just might see them in the food stamp line soon along with the other American manufactures if rumors stand correct. With this in mind, Ford is offering through March 31, 2009, up to $3,500 on various models, and the standard 0% APR for up to 60 months.
Hyundai
Nope, remember what I said. They are the only ones making any freaking money, so you’re on your own if you are looking to make any steals here!
Toyota
They must not be too concerned about sales this month with a rather mediocre various cash back program on select vehicles through March 2, 2009.
Mazda
Mazda is getting with the program with a respectable 0% to 0.9% 60 month APR, no payments for 90 days, and and up to $3,000 cash back on many models. Be careful on those three months of no payment. You’ll still have to pay those eventually anyway!
Mercedes-Benz
Mercedes has joined the crowd this month through March 2, 2009 and is offering 3.9% APR financing for up to 36 months on a few of their models. What did you expect? It’s Mercedes…
Volkswagen
Volkswagen is offering a 3.9% APR for most of their available models and a 0% (60 months) for the 2009 Passat and Routan. (Offer through March 2, 2009)
Volvo
Volvo has a cash back program going on with up to $1,000 possible on either their 2008 or 2009 models. They also are offering a 0.9% APR on most of their overstock of 2008 models. (Offer through March 31, 2009)
So, what are you waiting for? Get out there… while the gettin’ is still good!
Source:
U.S. News & World Report: Best Car Deals, February 2009
