Fall is fast-approaching, which means that dealerships are offering incentives and deals for 2001 model year vehicles to get them off the lots so they have room for 2012 cars. Cars.com recently made it even easier for drivers who are looking for good deals on new cars.
“Historically, this is a great time to buy vehicles that don’t change much for the next model year because you get all the comforts of a new model at a lower price,” said David Thomas, an automotive industry analyst for Cars.com. “However, manufacturers did a better job of managing their inventory this year and not as many 2011s are available, which is why there aren’t as many fire sales and blowouts.”
Through September 6, Chevrolet dealers across the country are promising $2,500 back for the 2011 Malibu. Edmunds.com states that the base price of this mid-size sedan starts around $22,000, but the incentive will bring the price down under the $20,000 mark. This car has a decent fuel economy of 33 miles per gallon on the highway and 22 in the city. It’s also equipped with satellite radio and an MP3 player so drivers can cruise to their favorite tunes.
Volkswagen is currently offering zero percent financing for three years on the Golf, Jetta, GTI and Toureg. The 2011 Jetta starts around $15,400, according to Edmunds.com, so if you are thinking about buying a car with a bad credit car loan, this car could be a good choice when shopping on a budget. The sedan gets 34 mpg on the highway and has plenty of room for the driver and passengers.
The 2011 Mazda6 can be a good sedan for drivers who want a sporty sedan. The base model iSport has a 2.5-liter four-cylinder engine that cranks out 170 horsepower and can get 30 mpg on the highway. It also comes standard with an auxiliary MP3 player input. For a starting price of $19,990, this car might be just a hair too expensive for some, but the automaker is offering $500 cash back and no payment for 90 days, which can gives drivers time to sort out auto loans.
However, it’s best to secure an auto loan before you approach a dealer about buying a car. This way, you will know exactly how much you can spend on a car and you won’t go over your budget.