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CarsDirect.com February 2003 ``Best Ever'' Bargains Feature Highest SUV Rebates On Record; From Huge Rebates to Free Equipment, Manufacturers Are Battling for Customers.


Business Editors & Automotive Writers

LOS ANGELES--(BUSINESS WIRE)--Feb. 14, 2003

CarsDirect.com, the leading multi-brand online car buying service, today announced its February 2003 Best Bargains list, distinguished by all-time high rebates on several new models, and aggressive incentives and special offers virtually across the board.

February's Best Bargains take the battle for new vehicle consumers up another notch by topping last month's 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.  amounts yet again. Both the 2003 Dodge Durango The Dodge Durango is an SUV from Chrysler's Dodge brand. It debuted in the 1998 model year and was redesigned for 2004. It fills the gap in the Dodge lineup since the cancellation of the Dodge Ramcharger in 1993.  and Chevrolet Avalanche The Chevrolet Avalanche is Chevrolet's sport utility truck. It is a four-door, six-seat pickup truck with a somewhat SUV-like flavor, known as a "sport utility truck". Avalanche is based on the full-size long-wheelbase General Motors SUVs (such as the Chevrolet Suburban), and  now come standard with manufacturer rebates up to a whopping $4,500. Even one of the country's most popular high-volume cars, the 2003 Toyota Camry The Toyota Camry is a mid-size sedan assembled by Toyota in Georgetown, Kentucky; Altona, Victoria, Guangzhou, China and the original factory in Toyota City, Japan. In some markets, the top range Camry models are seen as executive cars. , is carrying rebates up to $1,000. With no shortage of inventory and manufacturers continuing to throw down the rebate gauntlet gauntlet /gaunt·let/ (gawnt´let) a bandage covering the hand and fingers like a glove. , consumers in the market for a new vehicle can continue to count on being courted.

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.

Creative Programs and Big Incentives to Move the Metal

"This is absolutely the earliest that we have ever seen such aggressive manufacturer deals," said Joe Cashen, director, pricing strategy, CarsDirect.com. "Not even vehicles that were in short supply, such as the new Toyota Highlander The Toyota Highlander (Toyota Kluger in Japan and Australia) is a crossover SUV assembled by the Toyota Motor Corporation under the Toyota brand name in its Kyūshū, Japan assembly plant and its Ikeda, Osaka, Japan assembly plant during 2008 and present. , are being protected. The market right now truly is all about shoring up Noun 1. shoring up - the act of propping up with shores
propping up, shoring

supporting, support - the act of bearing the weight of or strengthening; "he leaned against the wall for support"
 marketshare at any cost." Cashen also noted that some manufacturers were getting creative by substituting equipment upgrades for cash-back offers. Hyundai, for example, is currently promoting a $900 value automatic transmission for its Tiburon model -- a more cost-effective way of moving merchandise than a pure rebate, said Cashen.

CarsDirect.com Best Bargains for February 2003

For February, the CarsDirect.com Best Bargains list features heavily incentivized sport utility favorites, the most popular minivan in the country, and two of CarsDirect.com's top selling sedans -- the Toyota Camry and the Hyundai Elantra The Hyundai Elantra (sold in South Korea as the Avante) is a compact car from Hyundai of South Korea launched in 1991.

The Elantra was formerly sold as the Lantra and the Avante in some Australian and European markets.
.


    Cars

        1. 2003 Chrysler PT Cruiser
           - Manufacturer rebates up to $2,500

        2. 2003 Toyota Camry
           - Manufacturer rebates up to $1,000

        3. 2003 Hyundai Elantra
           - Manufacturer rebates up to $1,000


    Sport Utility Vehicles

        1. 2003 Dodge Durango
           - Manufacturer rebates up to $4,500

        2. 2003 Chevrolet Avalanche
           - Manufacturer rebates up to $4,500

        3. 2003 Buick Rendezvous
           - Manufacturer rebates up to $3,500


    Minivans and Trucks

        1. 2003 Chrysler Town & Country
           - Manufacturer rebates up to $3,500

        2. 2003 GMC Sierra
           - Manufacturer rebates up to $3,000

        3. 2003 Mazda MPV
           - Manufacturer rebates up to $2,000



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 Websites" by Time Magazine, chosen a "Forbes Favorite" three times by Forbes Magazine, selected as a "Gold Star Site" by Yahoo! Internet Life Yahoo! Internet Life was a monthly magazine published by Ziff-Davis, which licensed the name from Yahoo!, a well known search engine website. It was created and launched by Barry Golson, the former executive editor of Playboy and TV guide.  Magazine, and received the highest ranking for an online car buying site from SmartMoney Magazine. Technology experts at PC Magazine and PC World Magazine have also recognized CarsDirect.com as a leading e-commerce website since its inception in May 1999.
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:Feb 14, 2003
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