Unhaggle Study Reveals Biggest Incentives In Canadian Auto Industry
Looking to buy a brand new car? The fall season is typically one that is rife with incentives from automakers looking to clear out as much inventory as they can to make space for the arrival of next year's models. A recent study by Unhaggle has revealed that this is definitely the case this November in Canada, with several vehicles available with close to five figures of bonus cash or discounts designed to get them out the door as quickly as possible.
Plenty of the most heavily discounted vehicles - including the BMW 3 Series, the Mazda Mazda6, and the Toyota RAV4 - have either already been replaced by newer designs, or are about to be superseded by a fresh take on the model. The Nissan Sentra can also be included in this group.
Read the Unhaggle press release below to see the top six vehicle incentives for November 2012 - including a bonus $20,000 in cash rebates on the BMW 7 Series luxury sedan.
Unhaggle Study Identifies Top New Car Manufacturer Incentives in Canada
Big Cash Incentives Offered by Manufacturers to Clear Out 2012 Inventory
Toronto, Ontario – November 14, 2012 – Unhaggle.com, the largest new car comparison shopping website in Canada, has surveyed incentive data from all major new car manufacturers and identified the biggest incentives currently offered in November. The last few months of the year are historically known as an opportunistic time to buy a new car, as manufacturers offer up major savings to help clear out existing inventory to make room for new 2013 models.
“We’re seeing big cash incentives from almost all brands and across most vehicle categories, as manufacturers are looking to drive sales records after rebounding from a few years of slowdown,” says Unhaggle co-founder Radek Garbowski. “Dealers are also offering aggressive discounts on top of the incentives too. Though, as consumers scoop up these great deals before the year-end, they need to move quickly and remain flexible on their options and colour choices as inventory dries up.”
Top new vehicle incentives in November 2012:
- 2012 Acura MDX - up to $9,000 cash incentive
- 2013 Dodge Caravan - up to $8,100 cash incentive
- 2012 Mazda6 - $7,000 cash incentive
- 2012 BMW 3 Series - up to $5,000 cash incentive
- 2012 Nissan Sentra - up to $4,750 cash Incentive
- 2012 Toyota RAV4 - up to $4,000 cash incentive
Unhaggle’s incentive survey excludes high-end luxury vehicles, pick-up trucks, and vehicles with already limited available inventory. Consumers that are looking to purchase high-end luxury vehicles can expect to save even more. For example, buyers of a new BMW 7 Series can take advantage of a $20,000 cash incentive this month.