General Motors and Chrysler set the pace for financing incentives this month, evidently hoping special interest rates will move them up on consumers' shopping lists. The special rate was 0% for 60 or more months on a range of vehicles.
In Pictures: 20 Great October Financing Deals
With some exceptions, the incentives from Ford tend to be somewhat less generous than those from its cross-town rivals. But even Asian and European automakers are staying with 0% on some vehicles. Mitsubishi, for example, is offering no-interest loans on Lancer and Galant purchases. In some areas, Toyota was adding a sizeable rebate to its financing deals on its Tundra pickup. Vehicles now being phased out represent another opportunity for shoppers. The Chevy TrailBlazer, the Buick Lucerne and the Pontiac Vibe are being eliminated from the GM lineup, for example, and true bargain-hunters ought to be able to smell deals on these from miles away. With all the production cutbacks and the "Cash for Clunkers" sales surge, automakers have generally brought their inventories under control. Yet the deals have persisted. With an uptick in consumer demand, however, automakers may find they don't need discounts to be as big as the current ones to move their inventory.
Editor's Pick: 2009 Chevrolet Malibu
The Chevy Malibu has been one of the top performers in the GM stable since its redesign for 2008, holding its own in the hotly-contested midsize segment. It has become known for its solid handling, refined interior and engines that deliver in the city and on the highway. In addition, a good deal of its technology, including traction control, stability control and anti-lock brakes, is standard. The Malibu features four trim levels and offers a choice of a 2.4-liter, four-cylinder engine delivering 169 hp or a 252-hp 3.6-liter six-cylinder. GM hasn’t spared the incentives either. Its 0%, 60-month deal would generate about $2,400 in savings if you are financing about two-thirds of its base price. It would also yield a monthly payment of about $270. But don’t expect this deal to last. GM knows this model may well drive out of its current doldrums faster than some of its other vehicles.
Select The Vehicles Below And View The Incentive:
| Compact Cars | Midsize Cars | Fullsize Cars | SUVs | Pickups |
| Pontiac Vibe | Mitsubishi Galant | Chevrolet Impala | Chevrolet TrailBlazer | Ford F-150 |
| Chevrolet Cobalt | Pontiac G6 | Ford Taurus | Ford Explorer | Dodge Ram 1500 |
| Mitsubishi Lancer | Chevrolet Malibu | Honda Accord | Dodge Durango | GMC Sierra |
| Kia Forte | Toyota Camry | Buick Lucerne | Buick Enclave | Toyota Tundra |
Please Note: These deals only apply to the month listed above.
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