GM, Chrysler Offer Best Deals for President's Day, Reports Edmunds.com
Smart fortwo, Honda Civic and Lexus HS Also Heavily Discounted
SANTA MONICA, Calif. — February 18, 2011 — General Motors and Chrysler are offering some of the most enticing national automotive deals this month as car buyers gear up for President's Day weekend, reports Edmunds.com's True Market Value® Deals of the Month.
GM's luxury Cadillac brand is offering $7,000 dealer cash on 2011 DTS and STS sedans. GM is also offering dealer cash incentives of $5,000 and $4,000 on 2011 Chevy Impalas and HHRs, respectively. All GM owners can cash in with $1,000 in loyalty incentives for any new 2011 GM car.
Seeking to capitalize on its sustained Super Bowl buzz, Chrysler is offering low financing or $750 cash back for the Chrysler 200. Eminem's new favorite car can be yours to own, too, with 0.0% APR for 36 months, 1.9% for 48 months, or 2.9% for 60 months.
"Now that the auto industry is showing steady signs of recovery, the deals are not nearly as compelling as they had been in recent years," said Jessica Caldwell, director of pricing and industry analysis at Edmunds.com. "Even so, Edmunds.com has been able to find some worthwhile cash-back and low-APR offers that consumers should consider before they buy or lease their next new car."
Other deals available to car buyers through the end of February include:
- The 2010 smart fortwo pure coupe two-door hatchback, which is offering the lowest national lease deal for as little as $129 per month.
- The Honda Civic, which is in sell-down mode as Honda prepares to release its all-new model this spring. Edmunds.com reports that the Civic's TMV® is less than invoice in many cases. Honda also continues with strong lease deals in February for the Accord, Civic, Insight, Pilot and CR-V.
- The Lexus HS, which has not enjoyed as much success as its Toyota Prius counterpart, is offering dealers $4,000 incentives on 2010 models.
A full listing of the top car and truck deals in February can be found on Edmunds.com at http://www.edmunds.com/deals-of-month.html.
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Edmunds.com Inc. publishes 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 and hosts the most established automotive community online. 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. 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.