Wednesday, June 8, 2011

Top New-Car Deals For June

While new-vehicle sales incentives aren’t as plentiful today as they were during the depths of the recession, there are still some bona fide bargains to be found on model-year 2011 cars and trucks. From SUVs to pick-up trucks, the bargains abound just in time for summer road trips.

We’ve unearthed the 10 richest deals for the month, noting direct-to-consumer cash rebates, discounted financing promotions and so-called marketing-support incentives, which we call additional dealer discounts. Typically favored by luxury automakers, the latter are cash allowances given to dealers to lower the prices on select models without seeming to cheapen the brand by offering cash rebates. The only catch is that a dealer may or may not automatically pass them on without some hard-nosed negotiations. The Fine Print: Additional incentives may apply, such as those often offered to recent college graduates and members of the military and/or owners of same-brand or competing models. Offers may vary by region and are subject to subsequent modification or termination by the manufacturer; cited financing rates are for qualified buyers and may vary based on eligibility.

2011 BMW X5 xDrive35d / 3-Series 335d Sedan

Deal: $3,500 cash and 2.9 percent financing to 72 months. While popular in Europe, U.S. buyers have yet to embrace diesel-powered vehicles. That’s why the so-called “clean diesel” versions of BMW’s midsize X5 luxury crossover SUV and the class-leading 3 Series compact sport sedan carry big cash incentives, despite the fact that they’re the most economical versions in their respective lineups and lose nothing in the way of performance.

2011 Chevrolet Silverado / GMC Sierra
Deal: $4,505 cash or 0.0 percent financing to 60 months. General Motors is doing its part to keep its factories humming and stay one step ahead of the competition in the hotly contested full-size pickup segment by offering hefty cash incentives on its broad line of Silverado and Sierra models. These include the Hybrid versions that save a few miles per gallon, but come at a steep price.

2011 Dodge Nitro or Jeep Liberty
Deal: $3,000 cash or 0.0 percent financing to 60 months, 1.9 to 72 months. These midsize truck-based SUVs come with distinctive styling, but are otherwise mechanically equivalent. They’re not as smooth riding around town as would be a car-based crossover, but boast additional off-road prowess with their available four-wheel-drive systems. The Liberty offers a unique “Sky Slider” canvass panoramic sunroof for open-air enjoyment.

2011 Infiniti FX50
Deal: $3,000 additional dealer discount (FX35: $2,000) and 0.9 percent financing to 36 months, 1.9 percent to 60 months, 3.9 percent to 72 months. Infiniti’s luxury crossover offers an array of the latest high-tech systems and possesses an engaging quirkiness, particularly with regard to its expressive exterior styling. The FX35 comes adequately powered with a V-6 engine, while the FX50 takes the vehicle’s acceleration to another level with a powerful V-8.

2011 Land Rover Range Rover
Deal: $2,500 cash and $2,000 additional dealer discount and 0.9 percent financing to 36 months, 1.9 percent to 48 months, 2.9 percent to 60 months. The costly-but-classy Range Rover is arguably the ultimate large luxury SUV. With sticker prices that start at nearly $80,000, an extra $4,500 off the top may not be enough to seal the deal for most motorists, but for those with deep pockets, it’s cash in hand. Even better, there’s a whopping $6,000 additional dealer discount on remaining (and largely equivalent) 2010 Range Rovers.

2011 Mitsubishi Endeavor
Deal: $4,500 cash or 0.0 percent financing to 60 months, 1.9 percent to 72 months. This five-passenger crossover SUV tends to get lost in what is a crowded pack of more up-to-date models. It carries on with an underpowered 3.8-liter V-6 engine and mechanically archaic four-speed automatic transmission, but affords a roomy and comfortable interior, and delivers a smooth ride and easy handling with either front- or all-wheel-drive.

2011 Saab 9-5
Deal: $3,500 additional dealer discount and 0.0 percent financing to 36 months, 1.9 percent to 48 months, 2.9 percent to 60 months, 4.9 percent to 72 months. The midsize Saab 9-5 luxury sedan and wagon models were recently – and handsomely – redesigned, based on plans made back when General Motors still owned the company. The car retains its Swedish character and entertaining European performance, though slow sales under the company’s current owner, Spyker Cars, necessitate the added cash to help dealers move the metal.Click here to see the full list of Top 10 New-Car Deals for 2011

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