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BUYERS' MARKET; STRUGGLING AUTO SALES MEAN CONSUMERS WIN.(NEWS)(Financial report)

AutoWeek

| October 20, 2008 | COPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Cars sales have nose-dived along with the the collapsing economy, and the forecast doesn't look any better, with predictions that U.S. sales will shrink to a mere 13 million units in 2009. In hopes of jump-starting sales, automakers have ramped up incentives on many models.

Not surprising is that larger and more expensive vehicles carry the biggest rebates. Some are on outgoing models, and a lot of them are not very fuel-efficient. But the price of fuel has dropped significantly in recent weeks, so your savings on the sticker price could be augmented by cheaper pump pricesat least in the short run.

We list here the top 10 most generous offers available today. How about a Mercedes-Benz S-class for $10,000 off or a BMW 7-series for $7,500 off? If you're looking for a sport-utility vehicle, you can have a Lincoln Navigator or a Hummer H2 with $8,000 and $7,000 cash back, respectively. Need to tow? Get a Ford F-350 Super Duty for $7,000 cash back or 0 percent financing.

There are plenty of other intriguing incentives, so do some digging, and you might discover a sweet deal on your target car. Be forewarned that offers differ by region and among trim levels.

Happy shopping!

TOP 10 VEHICLE ...

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Source: HighBeam Research, BUYERS' MARKET; STRUGGLING AUTO SALES MEAN CONSUMERS...

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