2010 Lexus RX, $43,394 $870.06/60 months
2010 Toyota Prius, $25,863 $518.56/60 months
2009 Toyota RAV4, $24,747
$496.18/60 months
2009 Toyota Venza, $29,708
$595.65/60 months
2009 Mercedes GLK, $39,758
$797.16/60 months
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Source: Power Information Network
The prices above are based on June 2009 sales and the average transaction prices consumers paid. This is different from MSRP (the white sticker on the window). The 60-month payments are based on Bankrate.com's average new car rate of 7.526% with a 10% down-payment. The aforementioned vehicles, which happen to be dominated mainly by crossovers and Toyota products, stayed on the dealers' lots for a shorter time period in comparison to most vehicles last month. Furthermore, these vehicles are selling with little to no incentives from the automaker or dealer.
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1 comment:
Buyer beware: There are numerous scams going on with this program.
1) Don't give your personal information online.
2) Make sure your clunker is worth less than the credit.
3) Read this checklist on other scamps,
http://tinyurl.com/BuyerC4C
- J.
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