If you've ever dreamed of buying that new luxury car and have played it smart with your savings budget by keeping your savings account or money market account well stocked- now is the time to act.
Most people have had a hard time sticking to their savings goals these past few years when money has been tight and job loss has reached record highs. So those new shiny wheels have been better left parked at the dealership. Makers of high-end models are offering rebates and low interest financing in an effort to circulate their vehicles.
Don't forget about the $1,000 cash incentive Hyundai is currently offering on their Accent or Hatchback. If you're going to need a car loan, you can't pass up Toyota's no interest financing deals they have applying to five of their models.
2011 models have begun showing up at dealerships and will continue to do so through September. What could this mean for you? Cha-Ching! Save cash on an amazing selection of 2010 model bargains.
Remember: First comes first. Save that money, preferably in some high interest savings account or money market account before you take the leap to buy. New cars depreciate much faster than any of us would like so don't end up owing more debt on a new car than it is actually worth.
