How to Stay Updated with Government Rebates for Buying a New SUV

January 20, 2010

If you're considering buying a new SUV, it is helpful to be aware of various dealership and government rebates that can reduce the cost of the vehicle significantly. These rebates are offered for a variety of reasons, including economic stimulation and fluctuations in the auto market. In many cases, it makes sense to wait for weeks or even months to purchase a new car if a program like Cash for Clunkers or another rebate comes along in the meantime. In order to best plan your purchases and to save the most money, however, you'll need to stay updated with all of the various government rebates available to you.

Read the News

While dealership incentives and discounts are often found in the advertisements sections of the newspaper, government rebates are typically described in the news itself. Simply by familiarizing yourself with the economic situation at any given time by reading the news or following a news program on TV, you're liable to hear about any major government rebates well before they take effect. The recent Cash for Clunkers program, for instance, was heavily discussed on all major news networks and in most newspapers; people who followed the news closely were best prepared to take advantage of that rebate offer as soon as it came into effect, and therefore had the best selection of cars and SUVs to choose from.

As in the case of Cash for Clunkers, major government-sponsored SUV rebates will tend to also appear in car dealership advertisements as well. It's a good idea to also follow these sources of information. While you may not find information about government rebates, you are certainly likely to find details about dealership-sponsored offers. If you're considering purchasing an SUV, track the offers and prices of SUVs at dealerships in your area for several weeks or even months before you begin shopping in earnest. This will allow you to get a good handle on the fluctuations of the SUV market in your community, which will better prepare you to purchase when SUVs are at their cheapest.

Follow Online

Some of the smaller or lower-profile government rebates and discounts may not appear in the news as readily as others. In these cases, it is best to tap into the online community for information. Become a member of SUV consumer interest groups online and read about national prices on the type of SUV that you're intending to purchase. Consult with other customers from around the country to learn about special rebates and other discounts that they've received during their recent purchases. There are a number of websites that maintain information about car prices around the country and which may be very helpful in comparing the prices of different SUVs in a variety of locations. These sites also maintain news of government-sponsored rebates as well.

When you've determined that it's the ideal time to purchase your SUV, remember to shop around. Compare prices through local dealerships and even consider other purchasing options as well.

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