Heavy Rebates Impact IntelliChoice.com's Best New Car Deals for May
Top deals include the Hyundai Sonata among large cars and the Nissan
Quest in minivans
CAMPBELL, Calif. (Business Wire EON) May 13, 2008 --
IntelliChoice.com (www.intellichoice.com),
the leading source for automotive ownership cost and value analysis,
today announced its “Best Deals of the Month”
for cars, trucks,
and SUVs
for the month of May, 2008. Once again, big car rebates play a major
role in determining which vehicles give car buyers the most bang for
their buck.
"The cars that we have identified as best deals for consumers are
changing from month to month largely due to all of the new cash on the
hood we are seeing,” said James Bell,
publisher and editor of IntelliChoice.com. "There are some amazing
rebates on some larger cars, all SUVs and many trucks. Rising gas prices
and reluctant consumers are really starting to impact the industry.”
“The thing to know about auto rebates is that
they can fluctuate heavily from month to month and week to week,”
said Bell. “Today's car buyer is wise to
check out the most recent rebates before making any decisions. For
example, there are vehicles that we rarely see on our Best Deals list,
such as the Isuzu Ascender with a $7,000 rebate this month, and the
Nissan Quest minivan with a $3,500 rebate. Plus, the rebates we are
seeing on certain full-size trucks are extraordinary. Note that
the Dodge Ram wins all but one of May's full size truck categories.”
Bell also noted that with gas prices so high, the Best Deals for May
include a who’s who of well-known small cars,
but even smaller cars are not immune to the car rebate factor. Bell
said, “In the subcompact class, the MINI
Cooper Hatchback beats the Toyota Yaris Hatchback because there is no
rebate on the Yaris.”
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 May 2008 are ranked by vehicle type and size
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 on which vehicles offer them the best value for
their money.
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.
About IntelliChoice.com
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 (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 (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, games, books and related
items.
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