CAMPBELL, CA (June, 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.
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.
Press release via Intellichoice