College Grads Eligible for Car Discounts, Reports Edmunds.com

College Grads Eligible for Car Discounts, Reports Edmunds.com


College Grads Eligible for Car Discounts, Reports Edmunds.com

SANTA MONICA, Calif. — May 21, 2010 — Edmunds.com, the premier online resource for automotive information, has published the Internet's most comprehensive list of new car incentives available to college graduates.

Those graduating from any accredited two- or four-year college or registered nursing school may qualify for the incentives, which vary by manufacturer and may include subsidized interest rates and cash rebates. .

Eligibility generally starts 4 to 6 months prior to graduation and lasts up to two years after.

"Graduate incentives are often promoted during May and June to draw graduates with new jobs into dealerships, but buyers should be aware that they aren't always the best deal," said Lee Scott, contributor to Edmunds.com. "They usually offer rates similar to standard bank rates and still require high credit scores, although more grads may qualify for the special deals with shorter credit histories."

Examples of special incentives available to college graduates include:

Vehicle (Make and Model) Special Incentive
2011 Ford Fiesta $500 College Bonus Cash
2010 Honda Civic Special APR: 1.9 percent financing for 60 months
2011 Kia Sorento $400 College Bonus Cash
2010 Nissan Altima $500 College Bonus Cash
2010 Suzuki Kizashi $500 College Bonus Cash
2010 Toyota RAV4 $1,000 College Bonus Cash

First-time car buying tips and other automotive stories of interest to young drivers can be found in Edmunds.com's Young Driver Guide at http://www.edmunds.com/youngdriver/.

About Edmunds.com, Inc. (http://www.edmunds.com/about/)
Edmunds.com Inc. publishes four Web sites that empower, engage and educate automotive consumers, enthusiasts and insiders. Edmunds.com, the premier online resource for automotive information, launched in 1995 as the first automotive information Web site. Its mobile site, accessible from any smartphone at www.edmunds.com, makes car pricing and other research tools available for car shoppers at dealerships and otherwise on the go. InsideLine.com is the most-read automotive enthusiast Web site. Its mobile site, accessible from any smartphone at www.insideline.com, features the wireless Web's highest quality car photos and videos. CarSpace is the most established automotive social networking Web site. AutoObserver.com provides insightful automotive industry commentary and analysis. Edmunds.com Inc. is headquartered in Santa Monica, California, and maintains a satellite office in suburban Detroit. Follow Edmunds.com on Twitter@edmunds and fan Edmunds.com on Facebook at http://www.facebook.com/edmunds.

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