Bay Finance: How Do I Finance Rental Property

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Deals offered on 2010 car models

22.12.09

BUFFALO, N.Y. (WIVB) - The year is winding down, and some people may be in the market for a new car.

The end of the year is traditionally a good time to buy a new car. But with many of the '09 models already purchased after the Cash for Clunkers program, the question is, what's left if you're looking for a deal now?

In December, car dealerships usually operate under this premise: Out with the old, in with the new. But not this year. Traditionally right now, you'd get a great deal on last year's models. But because of Cash for Clunkers, last year's cars are pretty much gone.

Cash for Clunkers, the government program that paid up to $4,500 for old gas guzzlers, prompted a summer buying spree. What's left? Next year's models, the 2010's. They're in and they're on sale.

The deals now are actually far better then they were under Cash for Clunkers. It's just the customer doesn't perceive it as that. When the government was offering the cash incentives to buy, dealerships didn't have to. Walk around a showroom now, and you see zero percent financing, and cash back.

Source: WIVB

0 Finance Car Deals- News

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