Edmunds: Heavy March Incentives, Lease Deals Spur Auto Sales
SANTA MONICA, Calif. — March auto sales will likely be lifted by the significant lease and low-interest finance offers that automakers have rolled out in droves, according to Edmunds.com.
In fact, March is projected to have heavier incentive spending that either of the first two months of the year, officials noted.
"Many of the major automakers are offering zero-percent financing on their vehicles to match Toyota's unprecedented incentives program this month," explained Jessica Caldwell, director of pricing and market analysis for Edmunds.com. "Even many newly introduced models have incentives on the hood."
With these substantial incentives in mind, Edmunds.com shared some of its Deals of the Month, which examines nationally available cash rebates, interest rates and lease incentives, in addition to the True Market Value price.
Some examples of Deals of the Month are as follows:
—2010 BMW 3 Series 328i 2dr Convertible (3.0L 6cyl 6M)
—2010 Buick Enclave CXL2 4dr SUV (3.6L 6cyl 6A)
—2010 Chevrolet Silverado 1500 LS 4dr Crew Cab 5.8 ft SB (4.8L 8cyl 4A)
—2010 Chrysler Town and Country Touring 4dr Minivan (3.8L 6cyl 6A)
—2010 Ford Focus SE 2dr Coupe (2.0L 4cyl 5M)
—2010 Honda Civic DX-VP 4dr Sedan (1.8L 4cyl 5A)
—2010 Hyundai Tucson GLS 4dr SUV (2.4L 4cyl 6A)
—2011 Infiniti M37 4dr Sedan (3.7L 6cyl 7A)
—2010 Lexus GS 450h 4dr Sedan (3.5L 6cyl gas/electric hybrid CVT)
—2010 Mazda6 I Grand Touring 4dr Sedan (2.5L 4cyl 5A)
—2010 Mini Cooper 2dr Convertible (1.6L 4cyl 6M)
—2010 Suzuki Kizashi S 4dr Sedan (2.4L 4cyl 6M)
—2010 Toyota Avalon XLS 4dr Sedan (3.5L 6cyl 6A)
—2010 Volkswagen Passat Komfort 4dr Wagon (2.0L 4cyl Turbo 6AM)