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Automaker Incentives Hit Lowest Levels Since 2005

Edmunds.com estimated that the average “True Cost of Incentives” from automotive manufacturers in the United States was $2,118 per new car sold in April 2011, down $250, or 10.6 percent, from March 2011, and down $515, or 19.6 percent, from April 2010.

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Surge of Small Car Sales Reduces Average Automaker Incentive Spend

Edmunds.com estimated that the average automotive manufacturer incentive in the United States was $2,346 per vehicle sold in March 2011, down $469 – or 16.7 percent – from March 2010, and down $220 – or 8.6 percent – from February 2011.

Edmunds.com: Pick Up in Leasing Impacting Incentive Spending

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,558 per vehicle sold in February 2011, essentially flat compared to January 2011, and down $99 – or 3.7 percent – from February 2010.

Edmunds.com: Incentives Didn’t End in December

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,530 per vehicle sold in January 2011, essentially unchanged from December 2010, but up $177, or 7.5 percent from January 2010.

TrueCar.com Forecasts January Retail Sales, Incentives Spending

TrueCar.com forecasts that retail sales for the top seven manufacturers will improve in January, compared to the year-ago period.

Auto Incentives Down to Pre-Recession Levels in December

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. market was $2,528 per vehicle sold in December 2010, up $64, or 2.6 percent, from November 2010, but down $26, or 1.0 percent, from December 2009.

November Incentives Down Nearly 10 Percent Since 2009

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,470 per vehicle sold in November, up $31, or 1.3 percent, from October 2010, but down $255, or 9.4 percent, from November 2009.

Transaction Prices Fall; Incentives Up for November

TrueCar.com estimated that the average transaction price for light vehicles in the United States was $29,136 in November, down $735 (2.5 percent) from November 2009 and down $435 (1.6 percent) from October 2010.

TrueCar.com Forecasts Sales, Incentives Spending for November

TrueCar.com reported today that it expects new light-vehicle sales (including fleet) to be 868,283 units, up 16 percent from November 2009 and a decrease of almost 9 percent from October 2010 (on an unadjusted basis).

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Incentives Slip in October as Dealers Clear Out Old Inventory

Edmunds.com estimated that the average car incentive in the United States was $2,498 per vehicle sold in October 2010, down $61, or 2.4 percent, from September 2010, and down $172, or 6.4 percent, from October 2009.