IntelliChoice.com’s Best New Car Deals for
June Show Rebates Moving from SUVs and Trucks to Cars
- Automakers now offering cash back on all vehicle segments from
compacts to full-size pickups -
CAMPBELL, Calif. (Business Wire EON) June 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 the month of June
for all cars, trucks, and SUVs. Big auto rebates continue to reflect a
well-reported steep drop in sales for trucks and SUVs. However,
IntelliChoice.com’s June list also showed that
rebates can also be found on smaller and more fuel efficient vehicles.
“Our Best Deals of this month are a clear
indication that large vehicles, especially Sport
Utility Vehicles and trucks, are in crisis mode,”
said James Bell, publisher and editor of IntelliChoice.com. “Truck
makers continue to offer rebates of more than $3,000 and $4,000 dollars,
and for the second month in a row, the Isuzu Ascender is offering one of
the highest rebates we’ve seen all year:
$7,000. That’s a number that would have been
unheard of just a few months ago. All of this cash on the hood is a
Catch-22 for buyers, because while they can get an amazing deal on a gas
guzzler, they could well feel a squeeze on their wallets when they go to
the pump.”
Bell is quick to point out that all vehicle classes are feeling the
impact of the auto market downturn. “A higher
rebate is the deciding factor behind more than half of the winners’
classes. The Toyota Yaris Hatchback beat out the MINI Cooper Hatchback
in the subcompact class, and the Corolla beat the popular Civic purely
due to rebate numbers. This month it should be mentioned that the
Lincoln Town Car beat the Infiniti M35 in the luxury class, based on the
strength of a $5,000 rebate. That will come as a surprise to many
consumers.”
One consistent Best Deal winner not yet impacted by rebates - the Toyota
Tacoma. “The Tacoma has long been a mainstay
on IntelliChoice.com’s Best Deals list. I’m
sure this has something to do with the fact that the Tacoma is a compact
pickup truck and people still want utility without the burden of high
fuel prices.”
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 June 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.
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 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, video games, books and
related items.
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