Forgive us, because, this is going to sound like a bad radio ad, but it's true: This is a great time to buy a car. The 2009s are coming, and dealers need to clear 2008s off their lots.
Incentive deals are on the rise. The Orlando Sentinel reports, "The average automotive-manufacturer incentive in the U.S. was $2,611 per vehicle sold in July 2008, up $166, or 6.8 percent, from June 2008, and up $90, or 3.6 percent, from July 2007."
The CNN Money adds, "Auto makers, aiming to compensate for the loss of leasing as a viable sales tool, are sweetening incentives to help dealers clear inventory amid the worst U.S. sales environment in more than a decade" Chrysler is currently "offering an additional $2,000 cash back across its product portfolio, while General Motors Corp. is expanding its offers on slow-selling trucks and SUVs."
Kicking Tires posts model-year-end deals for many manufacturers. Several fairly fuel-efficient small and midsize cars make an appearance.
In parts of the Southeast, the popular Toyota Camry is available with $1,500 cash back.
Research the best deals in every class with U.S. News' car rankings and reviews.