money sectionmoney sectionCar dealerships receive various incentives and holdback amounts from manufacturers each time they sell a vehicle. These amounts are in addition to rebates, which are passed from the manufacturer to the customer.
Dealer incentives are money provided to a dealership to help close car sales. Dealer incentives can help buyers save thousands of dollars when shopping for a vehicle. However, incentives should be deducted only after negotiating a price close to invoice.
Factory to dealer incentives are supplied from auto makers directly to their affiliate dealers to be passed on to the consumer to stimulate new vehicle sales. Staying current on the latest factory to dealer incentives is the key buying a new car for the cheapest price possible. By keeping in contact with the local dealerships and also watching for new factory to dealer incentives you can get yourself a brand new car while giving your piggy bank a break.
