With new car prices on the rise, it’s nice to see dealers like Honda willing to tack on freebies like insurance on new car models.When Honda starts leasing its 2013 Fit EV in California and Oregon on July 20, it’s throwing in free collision insurance, Time Moneyland reports.
The deal also includes routine maintenance, road side assistance, and navigation system updates. That should help soften the cost for Californians, who pay an average $363 a year for collision insurance.
Unfortunately, the Fit EV won’t be available in other markets until 2013.
Apart from the insurance deal, what makes the car so coveted is its gas mileage. The Fit EV will get an estimated 132 miles per gallon equivalent in the city, according to Honda. To give you some perspective, the 2013 Toyota Prius is only estimated to get 51 miles per gallon in the city.
If you aren’t into electric cars or you don’t live in an area where the Fit EV will be offered until 2013, there are still plenty of ways to save a bundle on your new car.
Stay on the look out for special promotions: Even though eBay’s “New Car Revolution Devolution Sale” ended over the weekend, this fourth of July should be full of opportunities to find a great deal on a new car, according to consumer reports.
Get financing through a credit union: Many car shoppers don’t even consider going somewhere other than the auto-dealer to get financing for their new car. However, credit unions often offer much lower rates than you can find at a dealership.
Time it right: Wait until the fall to pick up your new car. Kelly’s Blue Book is expecting auto prices to drop two or three per cent a month until the fall.
Visit more than one dealer: If you take the time to look around town at different places and find out how much the dealer pays for the car then you could save up to $230. Depending on how good of a negotiator you are, you could save even more.
Use game theory: Watch this video to learn exactly what to tell car dealers to get the best deal in town on the car you want.