Lots of families are looking to make the switch to small cars, and it's noteworthy that the Toyota Corolla and Toyota Yaris, two of the top smallest cars in our ranking and highly respected, both carry rebates. That demonstrates once again how important it is for buyers to do their homework. You never know where the deals might be, especially in this buyer's market.
CAMPBELL, Calif. (PRWEB) August 20, 2008
"Despite the recent dip in gas prices, significant auto rebates still exist on many larger vehicles. The Nissan Armada beat the Toyota Land Cruiser on the strength of a $5,000 rebate, and the Nissan Quest's $3,500 rebate makes it top in the minivan class," said James Bell, publisher and editor of IntelliChoice.com. "An interesting fact is Nissan has quietly mentioned that the Armada may not continue production after early 2010. That is an indication of the new reality of this market and it's impact on small cars."
Bell also noted that IntelliChoice.com's list of Best Deals for August shows opportunities across all classes of vehicles. "Lots of families are looking to make the switch to small cars, and it's noteworthy that the Toyota Corolla and Toyota Yaris, two of the top smallest cars in our ranking and highly respected, both carry rebates. That demonstrates once again how important it is for buyers to do their homework. You never know where the deals might be, especially in this buyer's market."
The Chevrolet Silverado, meanwhile, continues to do well in the Full-Size pickup truck classes, sweeping all six categories. "The Chevy Silverado has been a solid presence on the Best Deals' lists for months," said Bell. "However, we expect to see the close outs of the 2008 Dodge Ram and 2008 Ford F150 impact these classes as their all-new 2009 models roll into the market later this year."
IntelliChoice.com's "Best Deals of the Month" identify new cars, trucks, and SUVs with the best ownership cost value in 33 respective classes. Selections are based on current car pricing, market conditions and the lowest national manufacturer consumer new car rebate. In addition, IntelliChoice.com uses the latest information from numerous automotive resources to evaluate what it costs to buy, own and operate each new model-year trim line over a five-year basis.
The following "Best Deals" for August 2008 are ranked by vehicle type and size.
Subcompact Car Toyota Yaris Hatchback
Compact Car over $17,000
Honda Civic Hybrid
Compact Car under $17,000
Midsize Car over $21,000
Midsize Car under $21,000
MINI Cooper Convertible
Luxury Convertible Audi A4 Convertible
Near Luxury Car Lexus ES
Large Car Toyota Avalon
Base Sports Car Volkswagen R32
Chevrolet Corvette Convertible
Sport Sedan/Wagon over $38,000 Lexus GS
Sport Sedan Wagon under $38,000 Pontiac Grand Prix GXP
Compact SUV/Crossover Mercury Mariner Hybrid
Midsize Crossover Toyota Highlander Hybrid
Luxury Crossover Lexus RX 400h
Midsize/Large Wagon Subaru Outback Wagon
Intermediate SUV Hummer H3
Full-Size SUV Nissan Armada
Luxury SUV Lexus GX
Compact Pickup Truck 2WD Toyota Tacoma Regular Cab 2WD
Compact Pickup 4WD Toyota Tacoma Regular Cab 4WD
Full-Size Pickup 2WD 1/2 Ton Chevrolet Silverado 1500 Extended Cab 2WD
Full-Size Pickup 2WD 3/4 Ton Chevrolet Silverado 2500 HD Extended Cab 2WD
Full-Size Pickup 2WD One Ton Chevrolet Silverado 3500 HD Crew Cab 2WD
Full-Size Pickup 4WD 1/2 Ton Chevrolet Silverado 1500 Extended Cab 4WD
Full-Size Pickup 4WD 3/4 Ton Chevrolet Silverado 2500 HD Extended Cab 4WD
Full-Size Pickup 4WD One Ton Chevrolet Silverado 3500 HD Crew Cab 4WD
Minivan Nissan Quest
Full-Size Van Ford E150
Cargo Van Chevrolet Express 1500 Cargo Van
IntelliChoice.com Helps Consumers Do Their Homework
IntelliChoice.com updates vehicle data several times a month in order to capture the many expiring auto rebates and ongoing incentive programs offered by manufacturers—giving consumers the most up-to-date analysis.
IntelliChoice.com's "Best Deals" designation enables consumers to identify how car rebates affect a vehicle's value throughout ownership and not just at the time of purchase. Ownership costs can vary significantly among different trim lines of the same model. Additionally, IntelliChoice.com continuously updates fuel costs based on the latest data from the U.S. Energy Information Administration.
Vehicles designated as "IntelliChoice.com Best Deals of the Month" are typically cars and trucks that have good to great ownership cost values before any manufacturer rebate. A rebate can often turn a good ownership cost value into a great value, and a great value into an "IntelliChoice.com Best Deal of the Month."
Please visit http://www.intellichoice.com for more information or to check the auto rebate section of any vehicle report for the most up-to-date incentives.
IntelliChoice.com, part of SOURCE INTERLINK MEDIA, is the market leader in automotive ownership cost and value analysis. Founded in 1986, IntelliChoice.com is committed to empowering consumers to make better purchase decisions by providing independent and essential automotive information and tools. Through the IntelliChoice.com web site (http://www.intellichoice.com), consumers get the help they need to research, compare, configure and price vehicles. The site also connects buyers to the buying alternatives of their choice, including vehicle manufacturers and an online car buying guide. SOURCE INTERLINK MEDIA is a division of Source Interlink Companies, Inc., (NASDAQ: SORC), a media and marketing services company. Source Interlink (http://www.sourceinterlink.com) is one of the largest publishers of magazines and online content for enthusiast audiences and a leading distributor of home entertainment products, including DVDs, music CDs, magazines, video games, books and related items.