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July 2012 Auto Sales

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Old 08-03-12, 06:08 AM
  #61  
Joeb427
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Originally Posted by GS69
Anyone have an opinion on how reliable Edmunds info is on incentives? I find it interesting that they list the 2013 Lexus GS 350 & 450h as having the highest rebates to customers ($1,500) - seems odd since it is the newest car in the lineup.
Thanks!

http://www.edmunds.com/lexus/car-incentives.html
Leases are lower too.
Toyota is probably trying to keep the sales numbers up.
Again the question is will the GS have legs in a year or two?
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Old 08-03-12, 06:26 AM
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Originally Posted by GS69
Anyone have an opinion on how reliable Edmunds info is on incentives? I find it interesting that they list the 2013 Lexus GS 350 & 450h as having the highest rebates to customers ($1,500) - seems odd since it is the newest car in the lineup.
Thanks!

http://www.edmunds.com/lexus/car-incentives.html
I'm guessing that this has a lot to do with their conquest cash offer - offering $1,000 - $1,500 to those coming from competing brands.
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Old 08-03-12, 07:28 AM
  #63  
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Originally Posted by GS69
Anyone have an opinion on how reliable Edmunds info is on incentives? I find it interesting that they list the 2013 Lexus GS 350 & 450h as having the highest rebates to customers ($1,500) - seems odd since it is the newest car in the lineup.
Thanks!

http://www.edmunds.com/lexus/car-incentives.html
incentive from manufacture does not tell the whole picture. the RX, despite showing only 750 dollar incentives, has much lower true market value (about 5k less than MSRP).
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Old 08-03-12, 02:37 PM
  #64  
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Originally Posted by rkyat
When you think about it, wtf does Mitsubishi even have anymore? Lancer and Outlander?
Some good stuff is coming but it's delayed somehow same as i Miev was.

2013 Outlander Plug In Hybrid will have very similar setup to Honda NSX/RLX with 3 driving modes. EV mode, electric motors powering the wheels while ICE powers the batteries and standard ICE in synergy with electric motors. This tech will eventually crawl down into new Lancer as well. What will happen with Galant is a big mistery, will it be a global car or just US car I don't think no one knows, probably not even Mitsu execs
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Old 08-03-12, 08:22 PM
  #65  
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Originally Posted by GS69
Anyone have an opinion on how reliable Edmunds info is on incentives? I find it interesting that they list the 2013 Lexus GS 350 & 450h as having the highest rebates to customers ($1,500) - seems odd since it is the newest car in the lineup.
Thanks!

http://www.edmunds.com/lexus/car-incentives.html
that was for having competing brand car.... manufacturer to dealer is probably where you want to look for real incentives, those are the cars that they have too many of.
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Old 08-03-12, 10:47 PM
  #66  
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Originally Posted by GS69
Anyone have an opinion on how reliable Edmunds info is on incentives? I find it interesting that they list the 2013 Lexus GS 350 & 450h as having the highest rebates to customers ($1,500) - seems odd since it is the newest car in the lineup.
Thanks!

http://www.edmunds.com/lexus/car-incentives.html
Its listed on Lexus dealer websites, look at your local dealers under new car specials
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Old 08-15-12, 07:23 PM
  #67  
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BMW AG may have inflated its flagship brand's July sales figures to edge rival Mercedes-Benz for the month as the best-selling luxury brand in the United States, The Wall Street Journal reported today.

On July 31, the day before industrywide July sales figures were reported, BMW offered dealers discounts of as much as $7,000 per 2012 vehicle if the dealers reported the vehicles as sold on that day, according to today's Journal.

Hundreds of vehicles that were reported as sold are still on dealership lots being advertised for sale as new, according to the report. BMW division's July sales figure included demo vehicles, which are used for test drives, company spokesman Kenn Sparks said.

Sparks declined to say how many of the July sales were demo vehicles because the company doesn't provide that information publicly.

BMW division reported selling 21,297 vehicles in July, 1,986 more than Mercedes. Mercedes' total does not include sales of the Sprinter commercial van. It's unclear how BMW division's sales were affected by the demo sales.

According to the Journal, the 7 series and the 3 series were eligible for the demo discount. BMW reported selling 1,696 7-series sedans in July, and the automaker offered a $7,000 discount on the car on July 31, according to the report. In June, BMW reported selling 539 7-series units.

Similarly, BMW reported selling 7,653 3-series units last month, up from 6,740 of the cars it reported selling in June. It placed as much as $3,200 in demo discounts on the 3 series, the newspaper reported.

The 3 series has been BMW's best-selling car this year, with 54,415 reported sold though July, an increase of 1,913 units, or 4 percent, from the first seven months of 2011.

The 1-day discounts on July 31 started at $2,500 for the 528i and went up to the $7,000 for the 7 series, according to the report.

Through the 1st 7 months of the year, BMW division reported 147,801 vehicles sold, 111 units behind Mercedes, which reported sales of 147,912, excluding the Sprinter, through July.

But BMW dealers told the Journal that BMW of North America also encouraged the demo sales in order to clear out 2012 models and make room for the 2013s. The dealers said that if more vehicles were sold in North America, it would encourage BMW to send new models to North America.

"If you don't sell the cars in North America, they're going to send them to China," Justin Wong, a California-based Internet salesman told the newspaper. "Everybody is fighting for allocation."
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Old 08-15-12, 09:05 PM
  #68  
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That's pretty pathetic of BMW..
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Old 08-15-12, 10:18 PM
  #69  
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Wow is BMW that desperate!!?
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Old 08-16-12, 04:23 AM
  #70  
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this has been going on for past year, MB is playing the same game... so much about their numbers, eh? :-)
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