Thursday, June 20, 2019

Here's All The Discounts Luxury Brands Are Offering Right Now

Great deals are to be found this time of year.

It’s that time of the year. The holiday season is fast approaching but, above all for automakers, the end of the year is only a few weeks away. That means it’s time to not only get rid of excess inventory but also to aim for a strong end of year finish. BMW, Audi, and Mercedes-Benz know all about this. And speaking of those luxury brands and some of their competitors, Cars Direct has discovered that many are offering some pretty sweet deals right now on many of the most popular premium cars and crossovers.

Here's several luxury makes and models that are very likely experiencing the best prices they've had all year. If there was ever a time to buy or lease, it's now. Remember, if you snooze you lose.

Audi

Thanks to a Season of Audi Credit when buying or leasing a vehicle, you can now get a $1,000 credit on either a 2018 or 2019 Audi Q7. The 2018 A4, A5 Sportback and Q5 are also each be offered with a $750 credit. The A3 sedan has a $500 credit of its own, while the Q5 has an additional $2,000 off. Note that Audi is offering dealers unadvertised incentives from $1,000 to $17,500 on select models. Of course, the amount you could save will likely vary from dealer to dealer, so it’s best to shop around.

Cadillac

Cadillac is really pushing end of the year deals. For example, you can buy a new Escalade SUV with as much as $7,000 off, depending on trim. That figure could potentially increase to $10,000 if you plop down a $2,000 down payment and finance through GM Financial. If you don’t want a big SUV but still like to sit up high, the XT5 is also being offered with some attractive discounts, like $2,000 in rebates on select trims. If you were to trade in a competitor and also finance through GM Financial, another $2,000 could be slashed. Lastly, there’s a $3,000 Flex Cash incentive. Do your homework, put your bargaining face on and you could drive home quite happy.

Jaguar

Fancy a new XE, E-Pace, F-Pace, or even an F-Type? Jaguar is now offering its Winter Sales Event bonus which entitles buyers to a $1,000 discount on a 2018 or 2019 XE or E-Pace. There’s another $3,000 discount option happening for the latter. The F-Pace has a $1,500 discount of its own that can also be combined with another $1,000 bonus. As for that F-Type, how does an $11,000 discount sound? We thought so. And yes, this applies to the supercharged V8 F-Type. The turbo four and supercharged V6 variants each have a smaller but still solid $8,000 discount.

Lexus

Lexus is no stranger to end of the year deals. Remember its December to Remember sales event? It’ll soon be back and there’ll be 0 percent financing and extra cash offered. Several 2018 models, including the IS, RX, and LS are eligible for 0 percent APR for 60 months. However, there’s a bit of a catch. If you go with the financing you could potentially be sacrificing other attractive rebate offers. Here’s one example: in California, a 2018 LS is eligible for a $5,000 discount plus another $3,000 when trading in a competitor for a total of $8k in savings. Your call.

Mercedes-Benz

The German automaker is bringing back its attractive low APR after over a year of no factory financing. For example, you can get 1.99 percent APR for 72 months on the 2018 and 2019 C-Class sedan or 2.99 percent APR on a 2019 E-Class sedan and the GLC. Prefer to lease? No problem. The 2019 GLA 250 Premium is receiving a $20/month price reduction for a final price of $359 a month for 36 months, but there’ll be $3,707 due at signing. You could also look at the offer like this: with its effective cost of $462, a new GLA is only $8 a month more expensive than the CLA 250.

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