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CarsDirect.com's April 2003 Best Bargains Show Domestic Automakers Leading the Charge On New Savings; Cost-Conscious Consumers Can Save Big When They ``Buy American''.


Business Editors/Automotive Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--April 15, 2003

CarsDirect.com, the leading multi-brand online car buying service, today announced its April 2003 Best Bargains selections. Domestic manufacturers are responding to March's swelled inventories with a virtual flood of rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges.  and incentive programs, from rich cash-back offers to aggressive zero percent, 60-month financing. As a result, the idea of "buying American" may be an especially good choice for cost-conscious consumers during April.

For fans of an American sports car icon, the 2003 Chevrolet Corvette corvette, small warship, classed between a frigate and a sloop-of-war. Corvettes usually were flush-decked and carried fewer than 28 guns. They were widely employed in escorting convoys and attacking merchant ships during the great naval wars of the late 18th and , rebates up to $2,000 are available. Sport utility vehicle enthusiasts can drive two popular Lincoln entries, the Aviator and Navigator See Netscape Navigator, Netscape and Norton Navigator.

Navigator - Netscape Navigator
, out of the showroom with up to $3,000 cash back. And, the country's third-best selling truck during March 2003 -- the muscular Dodge Ram
See also Dodge Ram 50, an unrelated Mitsubishi-produced truck


The Ram is a full-size pickup truck from Chrysler LLC's Dodge brand. The name was first used in 1981 on the redesigned Ram and Power Ram, though it came from the hood ornament used on
 1500 -- comes standard with up to $2,500 in rebates. Setting a new high water mark is the plush 2003 Lincoln Town Car The Lincoln Town Car is a rear wheel drive full-size luxury sedan and serves as the flagship of Ford's Lincoln luxury car division. Often referred to as a traditional American luxury sedan, the Town Car features a V8 engine, rear wheel drive, very generous exterior and interior , currently equipped with an all-time high $5,000 rebate offer.

While domestic manufacturers are leading the savings charge, the majority of the import sector isn't idling. "We're seeing some of the Asian manufacturers, like Nissan, change their rebate and incentive tactics to reflect domestic trends," noted Joe Cashen, CarsDirect.com's director of pricing strategy. "Just this month, Nissan increased its cash back offer on certain models like the Frontier, Pathfinder pathfinder /path·find·er/ (path´find?er)
1. an instrument for locating urethral strictures.

2. a dental instrument for tracing the course of root canals.


path·find·er
n.
 and Xterra, while also giving consumers the choice to take a low finance rate for up to 60 months in lieu of Instead of; in place of; in substitution of. It does not mean in addition to.  the rebate. That's a response to the across-the-board cash back or low finance rate programs being offered on virtually every domestic SUV entry," said Cashen.

CarsDirect.com's pricing team is also noting a shift in regional incentive strategy. Toyota, for example, has significantly simplified its regional programs for all remaining 2002 and all new 2003 models. "Instead of complex tiers of savings that sometimes vary from zip code zip code

System of postal-zone codes (zip stands for “zone improvement plan”) introduced in the U.S. in 1963 to improve mail delivery and exploit electronic reading and sorting capabilities.
 to zip code, now all qualified buyers who live in the northeast and mid-Atlantic regions can take advantage of the same 3.9% APR APR

See: Annual Percentage Rate
 rate for up to 60 months," said Cashen. While few import companies are matching General Motors' industry-leading rebate and incentive offer, some -- like Volkswagen and Audi -- are featuring very low finance rates across all models. Others, like Honda, which had a relatively strong first quarter of sales, are only offering special financing on select vehicles.

Each month, CarsDirect.com's team of pricing experts qualifies Best Bargain vehicles from a list of over 120,000 price configurations. Best Bargains choices include popular new cars, trucks and sport utility vehicles This page lists sports utility vehicles currently in production (as of April 2007), as well as past models. The list includes crossover SUVs, Mini SUVs, Compact SUVs and other similar vehicles.  that currently offer the most attractive combination of national and regional manufacturer rebates and incentives, those that offer a historic low price point, or vehicles with prices that include other special programs.

CarsDirect.com Best Bargains for April 2003

For April, the CarsDirect.com Best Bargains list includes the following new vehicle choices:


Cars

1. 2003 Chevrolet Corvette
   -- Manufacturer rebates up to $2,000

2. 2003 Nissan Sentra
   -- Manufacturer rebates up to $1,500

3. 2003 Mitsubishi Eclipse Spyder
   -- Manufacturer rebates up to $1,000

Sport Utility Vehicles

1. 2003 Lincoln Aviator
   -- Manufacturer rebates up to $3,000

2. 2003 Lincoln Navigator
   -- Manufacturer rebates up to $3,000

3. 2003 Mitsubishi Outlander
   -- Manufacturer rebates up to $500

Minivans and Trucks

1. 2003 Dodge Ram 1500
   -- Manufacturer rebates up to $2,500

2. 2003 Toyota Tundra
   -- Manufacturer rebates up to $2,000

3. 2003 Nissan Frontier
   -- Manufacturer rebates up to $1,500


To see rebates and incentives or up-front transaction prices for any of these Best Bargains, shoppers simply go to www.carsdirect.com, and click on the vehicle make and model of their choice.

About CarsDirect.com

Los Angeles-based CarsDirect.com (www.carsdirect.com) is the leading multi-brand online car buying service, providing new and used automobiles and related products and services, such as loan and lease financing and in-demand aftermarket Aftermarket

See: Secondary market.


aftermarket

See secondary market.
 products including extended warranties The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
. CarsDirect.com is the first online car provider to offer visitors three distinctive car buying options: buying a new car online through the company's award-winning direct channel; being matched with a top-quality new car dealer of their choice via the CarsDirect Connect channel; or locating and purchasing a previously owned vehicle through the CarsDirect Used channel.

CarsDirect.com has been named one of the "50 Best Web sites" by Time Magazine, chosen a "Forbes Favorite" three times by Forbes Magazine and selected as a "Top 100 Internet Site" for three consecutive years in PC Magazine.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 15, 2003
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