Car Incentives Skyrocketing; Edmunds.com Lists Deals of the Month.SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif. -- Incentives on cars and trucks are shooting up as dealer inventory, decimated by Cash for Clunkers, is piling up again, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Edmunds.com, the premier online resource for automotive information. "This year has been a wild ride for automakers, and it's not over yet," observed Edmunds.com Senior Analyst Jessica Caldwell. "No segment is unaffected, though luxury models and trucks are being discounted particularly heavily." "Low interest financing and cash rebates dominate the landscape but subsidized lease programs, almost non-existent in the past few years, are increasing," noted Edmunds.com Senior Analyst Michelle Krebs in her report on AutoObserver.com. Here are some vehicles currently listed among Edmunds.com's Deals of the Month, a monthly analysis that looks at nationally available cash rebate, interest-rate and lease incentives as well as the Edmunds.com True Market Value[R] price: * Audi A4 Convertible * BMW X A small five-cylinder radial engine for sport and training aircraft. Although this engine, the BMW X, proved successful at several large-scale events in 1930, including that year's round-Europe flight, only a few were built. A successor model, the BMW Xa, was introduced in 1931. 5 * Cadillac Escalade The Cadillac Escalade is a full-size luxury sport utility vehicle sold by the General Motors luxury brand, Cadillac. It was the division's first major entry into the popular SUV market. Hybrid * Dodge Charger There have been many different Dodge vehicles, on three different platforms, bearing the Charger nameplate. The name is generally associated with a performance model in the Dodge range, however it has also adorned mundane hatchbacks and sedans and a personal luxury coupe. * Honda Insight * Mazda6 * Mini Cooper Currently, at New Cheaper Than Used, Edmunds.com lists 84 vehicles that are discounted so heavily that the new car is less expensive than its one year old counterpart. This list includes trim levels of the following vehicles: * Ford F-150 * Honda Accord * Infiniti G37 Coupe * Lexus IS 350 * Mercedes-Benz CLK CLK Clock CLK Clerk CLK CDC2-Like Kinase CLK Corel RAVE (file extension) CLK Chep Lap Kok (Hong Kong airport) CLK Ceska Lekarska Komora (Chech) 350 * Volkswagen Passat * Volvo XC70 For the complete list and more details on these vehicles, including True Market Value[R] pricing, please visit http://www.edmunds.com/tmv/deal.html and http://www.edmunds.com/industry-car-news/new-vs-used-car-buying.html. For more information, please visit Edmunds' AutoObserver.com story "Manufacturers Offer Richest Incentives Since Cash for Clunkers" at http://www.autoobserver.com/2009/10/manufacturers-offer-richest-incentives-since-cash-for-clunkers.html. About Edmunds Inc. (http://www.edmunds.com/help/about/) Edmunds Inc. publishes four Web sites that empower, engage and educate automotive consumers, enthusiasts and insiders. Edmunds.com, the premier online resource for automotive consumer information, launched in 1995 as the first automotive information Web site. Inside Line launched in 2005 and is the most-read automotive enthusiast Web site. CarSpace launched in 2006 and is an automotive social networking Web site See social networking Web sites and social networking site. . AutoObserver.com launched in 2007 and provides insightful automotive industry commentary and analysis. Edmunds Inc. is headquartered in Santa Monica, California For other uses, see Santa Monica (disambiguation). Santa Monica is a coastal city in western Los Angeles County, California, USA. Situated on Santa Monica Bay of the Pacific Ocean, it is surrounded by the City of Los Angeles — Pacific Palisades and Brentwood on the north, , and maintains a satellite office in suburban Detroit. |
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