IntelliChoice.com's Best New Car Deals for July Shows Little Impact From U.S. Automaker Incentives
CLICK HERE For Total Ownership Costs For All Cars and Light Trucks
CAMPBELL, Calif.--July 10, 2006--PRIMEDIA's IntelliChoice.com, a
source for automotive ownership cost and value analysis, today announced
its "Best Deals of the Month" for July 2006. The new list shows that
despite the renewed onslaught of incentives from U.S. manufacturers, they
have yet to make a dent in the dominance of foreign automakers in the
traditional car categories.
"Despite efforts since last year's heavy incentive sales, the U.S. Manufacturers have not been able to exceed the value of the Imports in the car categories. Of note, this month's 'Best Deals' list has only one American model among the non-utility categories: the Chevy Corvette," said James Bell, publisher of IntelliChoice.com. "It's important to remember that heavy incentive and rebate programs can accelerate the rate of depreciation on vehicles. Given that most vehicles are owned less than four years, low residual values tend to lessen owner satisfaction with the brand and impact loyalty purchases."
Bell added, "Although U.S. manufacturers are noted as having the best known and most aggressive year-end close out sales, all manufacturers are currently offering some sort of incentive. It is a buyer's market right now and purchasers should carefully research these programs before entering a dealership."
IntelliChoice.com's "Best Deals of the Month" identify new cars, trucks and SUVs with the best ownership cost value in 29 respective classes. Selections are based on current vehicle pricing, market conditions and the lowest national manufacturer consumer rebate. In addition, IntelliChoice.com uses the latest information from numerous automotive resources to evaluate what it costs to buy, own, and operate each new model-year trim line over a five year basis.
The following "Best Deals" for July 2006 are ranked by vehicle type and size:
Class Brand Model ---------------------------------------------------------------------- Subcompact Honda Insight (Manual) Base Sport Honda Civic Si (Manual) Compact over $16,000 Honda Civic Hybrid (Auto) Compact under $16,000 Honda Civic DX (Auto) Midsize over $21,000 Honda Accord EX w/Leather (Manual) Midsize under $21,000 Toyota Prius Large Toyota Avalon Touring Near Luxury BMW 325i Sport Chevrolet Corvette Luxury Lexus GS300 RWD Small Wagon Scion xB (Auto) Midsize/Large Wagon Subaru Outback 2.5i Mini-Van over $24,000 Honda Odyssey EX Mini-Van under $24,000 Honda Odyssey LX Full-Size Van Chevrolet Express 1500 Passenger Van Compact Utility over Ford Escape Hybrid 2WD $21,000 Compact Utility under Toyota RAV4 2WD $21,000 Intermediate Utility Toyota Highlander Hybrid 2WD over $29,000 Intermediate Utility Honda Pilot LX 2WD under $29,000 Utility over $36,000 GMC Yukon XL 1500 SL 4WD Utility under $36,000 GMC Yukon SL 4WD Compact Pickup 2WD Nissan Frontier King Cab XE 2WD (Manual) Compact Pickup 4WD Toyota Tacoma Regular Cab 4WD (Manual) Full-Size Pickup 2WD Toyota Tundra Regular Cab 2WD (Auto) 1/2 Ton Full-Size Pickup 2WD Dodge Ram 2500 Quad Cab ST 2WD Short Bed 3/4 Ton Full-Size Pickup 2WD Dodge Ram 3500 Quad Cab ST 2WD One Ton Full-Size Pickup 4WD Chevrolet Silverado 1500 Extended Cab LS 4WD 1/2 Ton Short Bed Full-Size Pickup 4WD Dodge Ram 2500 Quad Cab ST 4WD Short Bed 3/4 Ton Full-Size Pickup 4WD Dodge Ram 3500 Quad Cab ST 4WD (Diesel) One Ton
The Importance of Research
IntelliChoice.com updates vehicle data several times a month in order to capture the many expiring rebates and ongoing programs offered by manufacturers--giving consumers the most up-to-date analysis.
IntelliChoice.com's "Best Deals" designation enables consumers to identify how rebates affect a vehicle's value throughout ownership and not just at the time of purchase. Ownership costs can vary significantly among different trim lines of the same model. Additionally, IntelliChoice.com continuously updates fuel costs based on the latest data from the U.S. Energy Information Administration.
Vehicles designated an "IntelliChoice.com Best Deal of the Month" are typically cars and trucks that have good to great ownership cost values before any manufacturer rebate. However, a rebate can often turn a good ownership cost value into a great value, and a great value into an "IntelliChoice.com Best Deal of the Month."
Please visit www.IntelliChoice.com for more information or to check the rebate section of any vehicle report for the most up-to-date incentives.
CLICK HERE For Total Ownership Costs For All Cars and Light Trucks