According to The Associated Press, car incentives are becoming fewer for the following months.
End of summer was one of the best times to acquire a car especially because of all the nice deals offered by manufacturers. However this year’s end of summer is not announcing a new Clash for Clunkers or any other governmental aid, neither good cash rebates/incentives or even employee discounts. As a matter of fact, based on statistics, July 2009 already came with $1.000 less average in incentives than July 2008. This year it could be even less.
Car enthusiasts and professionals claim the solution for boosting car sales nowadays do not come from better deals from manufacturers or dealers but a new and fresh-most reliable economy. Automakers should offer some type of guarantee that the cars will be bought back in case a customer gets laid off work. Another suggestion is for the government to offer guaranteed loans.
New customers need to feel safe when buying a car. A lot of people choose leasing deals over buying ones, as leasing options do feel safer on one side. Would you prefer to lease or buy?