Best Car Buying And Leasing Options Out There

With the automotive industry faltering, manufacturers are now offering car buying and leasing deals that can be very attractive and tempt buyers into dealer showrooms. With a little diligent searching, it is possible to find some of the best car deals for buying and leasing on the market in a very long time.

Cash for Clunkers

Cash for Clunkers is a program funded by the United States federal government. It is designed to encourage individuals to purchase or lease new cars with improved gas mileage and fuel performance. Many car dealerships are not only participating in the program, but are offering advances on leases or purchases provided that the car being exchanged meets the qualifications of the program.

The Cash for Clunkers program requires that purchases or leases must start between July 1, 2009 and November 1, 2009. Vouchers are provided in the amount of $4,500 and only apply to cars with a minimum of 18 mpg or better. If the program is used for a lease, then the term must be at least 60 months or longer. The program may not be used to trade in a car for a motorcycle and the trade in may not be older than 25 years. There are no limits on income, but car value must not be higher than $45,000.

Hyundai

Hyundai is not offering lease deals as of the end of June 2009. However, they are focusing their attention on the Hyundai Assurance program, which provides vehicle purchase guarantees like making payments for several months if a buyer loses their job, allowing a lease or purchase to be turned in without penalty if a borrower loses their job and other benefits.

Honda

Honda is currently offering excellent lease deals on their Insight and CR-V models. In addition, Honda is also offering excellent purchase deals on the Civic and Accord models.

Toyota

Probably one of the best small car deals today is the Toyota Corolla. Toyota is offering a $1,500 rebate on the purchase of a new Corolla, which has one of the best rated safety scores, excellent fuel economy and a strong reputation for dependability.

Ford

With Ford being the only American automaker not to take government bailout money, Ford remains a strong contender in the automotive industry. Ford is now offering an excellent offer on the Ford Taurus with either 0% financing for 36 months or $2,000 in rebates. The new 2010 Taurus has been resigned from the ground up, with new interior styling, better fuel economy and sharp exterior lines.

Cadillac

Although Cadillac is part of General, they are offering some of the best deals in the luxury car market. Both the CTS and the XLR-V are being offered with between $4,000 and $4,500 in rebates and discounts. Both of these models have excellent acceleration and handling, and the CTS was given a best in class safety rating by the Insurance Institute. 2009 will be the last year of production for the XLR-V and is being offered at deep discounts.