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Top 10 Deeply Discounted 2008 Cars

by Terry Jackson
Monday, March 24, 2008
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If you're starting to sense desperation in the new car market, you're not entirely off the mark. Even the most optimistic sales forecasts expect 2008 new car deliveries to fall to a level not seen since the early 1990s.

The result for consumers is stepped-up programs of rebates, cut-rate financing and factory-to-dealer incentives designed to move the metal off dealer lots as the spring and summer buying season approaches.

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More than 150 models now can be bought with some measure of low financing, rebates or dealer incentives. And this doesn't include the numerous low-payment lease offers that are cropping up.

The result for consumers is stepped-up programs of rebates, cut-rate financing and factory-to-dealer incentives designed to move the metal off dealer lots as the spring and summer buying season approaches.

Top 10 New-Car Discounts

  • Chrysler 300C. The full-sized sedan comes with either a $3,000 rebate or financing ranging from zero percent to 4.9 percent.
  • Dodge Ram 1500. Dodge's full-sized pickup truck carries either a $5,000 rebate or zero percent to 1.9 percent financing.
  • Ford Explorer. Once the most popular sport utility vehicle, the Explorer carries rebates from $3,000 to $4,000 and financing from 0.9 percent to 6.9 percent.
  • Mercury Grand Marquis. A large sedan that can carry six people and their luggage, it can be had with a rebate of $5,500 to $6,500 or financing of zero percent to 3.9 percent.
  • Cadillac DTS. The large sedan in the Cadillac lineup is not as quick a seller as the new, smaller CTS. So, GM is offering a $3,000 rebate or 5.9 percent to 7.9 percent financing.
  • GMC Envoy. This midsized SUV has been packed with a $3,000 rebate or 2.9 percent to 5.9 percent financing.
  • Nissan Pathfinder. Nissan, which is not enjoying the same sales success as some other Japanese manufacturers, is offering deals on this SUV that include rebates of $2,250 to $3,250 or 1.9 percent to 2.9 percent financing.
  • BMW 7 Series. While not offering direct-to-customer rebates on its luxury 7 Series sedan, BMW is giving dealers $3,500 to $5,000 in incentives. Such incentives should be a part of a buyer's price negotiations.
  • Land Rover LR2. Land Rover is offering a $3,000 incentive on this SUV.
  • Lexus RX 350. Lexus is being a little stingier than some other manufacturers when it comes to incentives, but is offering dealers as much as $2,000 on the RX 350.

More than 150 models now can be bought with some measure of low financing, rebates or dealer incentives. And this doesn't include the numerous low-payment lease offers that are cropping up.

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