Best Car Deals 2011

With this economy, most wouldn't suspect that Automakers are doing well. Yet, June saw the highest level of dealership transaction prices, and increased profits for the automakers. Although consumers and prospective car buyers are not being bombarded with incentives, many of the June car deals have been extended to August and beyond. Dealerships are not offering too flashy motivations just yet, but with stock levels returning to normal, consumers may see increased incentives and savings in the fall.

Incentive spending has hit a near decade low, and the existing deals do not add up to notable savings. Most deals are zero introductory financing or cash back, neither of which sum up to something too tangible. Despite the reported incentive spending decline, automakers Toyota and Honda have reported an increase.

Advice on the street is to not buy a car this month, if you can. Incentives and market prices are suspected to come down in the fall season, and dealers will be trying to clear 2011 models out for the new year's inventory. If consumers are really in need of a vehicle, they should try to negotiate as much as they can. If auto sales associate know you are interested, they will work to grab you the best deal they possibly can. remember, play hardball, and if the dealer does negotiate at all, you are in the wrong place.

Deals and savings on the latest and greatest cars in demand will be hard to find, but consumers looking for a Sport Utility, SUV, or Truck may find some savings--as larger vehicles have decreased due to gas prices.

Best Car Deals

[Table Source: US News]