Special Report: Best Car Bargains
Pumpkins, foliage, and new car deals? That's what autumn usually brings, and this season's year-end deals could be the best yet.
Ernie Boch, Jr., Boch Automotive
"Right now, you have the interest rate extremely low, the technology of the car is unsurpassed, it's a terrific time to buy.
Manufacturers are hoping big cash back savings will attract bargain hunters.
John Paul, Car doctor, AAA
"Auto manufacturers don't give away money because they're nice guys, auto manufacturers will do big rebates and incentives when they have a big inventory of cars."Joe Bellizia, Cambridge Cheverolet/Honda
"Our business has been off probably 4%-5%."
Nearly all makers are offering thousands in cash back on over-stocked 2004 models.
Dana Rodman, Rodman Ford
"I've never seen them doing what they're doing, we're getting support to make room."Jim Morrissey, Auto buyer
"It surprises me because I just found out about it as I walked through the door.
Here's the difference between a 2004 and 2005 mid-sized car:
Both cost the same amount, but on the 2004, buyers can get $4,000 off the list price. The 2005 model's rebate is only $1,000. That’s a $3,000 difference.
But here's the drawback- the 2004 model will depreciate quicker. And even with the cash rebate, don't forget to negotiate.
Ernie Boch, Jr., Boch Automotive
"That's right where you start to negotiate, if the car is $10,000 and there's a $2,000 dollar rebate, that’s $8,000 - that's where you start.
According to AAA, before stepping into a dealership, know your personal financial situation thoroughly.

