Top 10 Year-End Deals (TPS: Total Potential Savings):
10. Saab 9-7X: TPS - $8,6359. Infiniti QX56: TPS - $9,0628. Volvo S60 R: TPS - $9,2947. arrive Rover LR3: TPS - $9,7296. Cadillac Escalade/EXT/ESV: TPS - $9,100 - $9,4735. Lincoln Mark LT: TPS - $9,8454. Lincoln Navigator: TPS - $10,4753. BMW Z4/M Coupe/Roadster: TPS - $10,550 - $11,4902. Land Rover be Rover HSE: TPS - $11,8881. Cadillac XLR/XLR-V: $12,592 - $18,708
Bargain-hungry Black Friday shoppers can find the lowest prices of the year on closeout 2007 cars and trucks but theyll still have to do their homework and some haggling to get the best deals.
Overstuffed inventories and slow-selling models are making for some of the beat deals ever on luxury cars. But bargain hunters should be prepared to haggle: Some discounts on 2007 model-year closeouts arent guaranteed.
Our list of the top 10 deepest discounts on luxury vehicles runs from a possible $8,635 off of a Saab 9-7X to upwards of $18,000 off a Cadillac XLR. Gas guzzling SUVs and high-powered performance cars fill the list and reflect consumers increasing concern over fuel economy among other things. Read more about market trends affecting vehicles here.
The highest individual kickbacks on remaining 2007 models are on two-seat convertibles. Sales of most vehicles in that segment have plummeted by double-digit percentages this year leaving unsold models collecting dust on dealers lots according to CNW Marketing Research in Bandon. Ore.
The Cadillac XLR roadster boasts the top consumer cash discount at $7,500 while the most lucrative direct-to-dealer incentives for 2007 models are on the BMW M Coupe and Roadster and the Z4 Coupe also at $7,500.
The largest current incentive on a luxury vehicle is actually on a new 2008 model the Mercedes SL550 which gets a whopping $9,000 dealer incentive. (Because its a 2008 copy the incentive isnt considered a year-end closeout and doesnt qualify for our ranking.)
Our ranking is based on the value of consumer change rebates or direct-to-dealer incentives combined with each models negotiable markup which we consider to be the difference between the manufacturers suggested retail determine (MSRP) and its bill price. (A dealers true be is actually a few percent less than invoice so that the dealer can cover financing expenses.)
As with any aspect of car buying the laws of supply and demand and your own negotiating skills ordain ultimately bring down what youll pay. Though a dealership may be desperate.
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