06 Jan 09 American Honda Reports Decline of Sales of 34.7% in December 2008

American Honda posted a total of 86,805 cars sold in December 2008, 34.7% lower than the December last year.

The Honda Accord is still the best-selling vehicles for Honda with 22,348 units being sold, which is a 28.5% decrease compared with December 2007. The economy probably helps the re-designed 2009 Honda Fit as it is doing relatively well by only dropping 1.5% in sales with 5,309 units being sold. 17,302 of the Honda Civic were sold last month, which is 36.4% decline compared with December 2007.

With the decrease of production of 2009 Honda Pilot and 2009 Honda Odyssey taking place, The Honda Pilot SUV and the Honda Odyssey minivan are down 35.3% and 53.4%, with 6,735 and 6,950 units sold. The Honda Element, the compact boxy wagon were down 53.5% with 1,336 units sold, compared with 2,875 units last year. The Japan-made Honda CR-V is doing well with only 13,933 units sold, which is a 25.3% decline. Mabe the rumored $1,000 dealer incentive helps CR-V a little bit.

For more detail, please visit here

Tags: Car Pricing News, Honda

22 Dec 08 The 2010 Mazda 3 is Several Months Away, Potential Savings available?

After waiting for several months, the re-designed 2010 Mazda 3 is on Mazda Official website with pictures and videos available.

With the experience when the new re-designed 2009 Mazda6 was out, once you filled out your “interest” to the 2009 Mazda 6, Mazda USA rewarded you with a Mazda private launch coupon of $1000 on purchase of new Mazda6, or $500 toward other Mazda vehicles.

Register for information of new 2010 Mazda 3 from Mazda USA and see if there is new coupon available. It only takes you probably 1 minutes to fill it out because only your name, email address, and zip code are required. The previous Mazda Launch Coupon can be used with any other public offer from Mazda, which means for people who are eligible for Mazda S-plan or Mazda X-plan, you could easily get the new car for $1000 below invoice right after it is in the market.

Maybe you are wondering it it worths you register it for the chance of the coupon. If you would make a 15 minutes call to save 15% or more on car insurance, a 1-minute registration that could save you $500 or more on next Mazda purchase is definitely a good deal.

Tags: Car Incentive, Car Price, Car Pricing News, Car Rebate, Mazda3

03 Dec 08 Toyota Reports November 2008 Sales - Down 31.1%

Toyota reports November 2008 Sales. As their major competitor American Honda drops 30.6% in November 2008,  Toyota also got hit by the low economy by a decrease of 31.1% last month with total of 114,084 units sold by both Toyota Division passenger cars and Toyota Division light trucks, compared with November 2007.

Despite the decline of sales, Toyota is doing relatively well on their passenger cars probably due to the 0% APR offer by Totota. The best-selling Toyota car, the Toyota Camry, “only” went down 28.8% with 25,224 units sold, while its major competitor, the Honda Accord, had a decrease of 38.1% last month. The Toyota Corolla, follows the Toyota Camry, was the second best-selling Toyota passenger car with 21,807 units sold, a 12.8% decrease from last year. On the other hand, Honda Civic was down 29.6%. From this perspective, Toyota did a very good job on the Camry-Corolla combo to fight against the Honda Accord-Civic combo.

The compact size Toyota Yaris was also down by 16.6% with 4,545 units sold, while the Toyota Avalon had a huge drop of 61.6% with 2,502 units sold.

For Toyota trucks, all SUVs, vans, and trucks went down as expected. The only exception is the Toyota Sequoia, the full size SUV from Toyota. Maybe due to the hight customer rebate, the sales of Toyota Sequoia has been going up for the past few months compared with the same period last year. 1,873 units of Toyota Sequoia were sold last month, which is a 51.9% increase with November 2007. The Toyota Highlander, despites the $5000 dealer incentive in certain region, still went down 35.9% with 7,887 cars being sold.

Scion posted sales of 5,275 units in November 2008.

For the details, please visit Toyota website

Tags: Car Pricing News, Toyota, Toyota Sales Report

03 Dec 08 Acura Reported Sales for November 2008

Acura sold 7,888 units in November 2008, a decline of 38.9% from November 2007.

The Acura TL leads all Acura sales with 3,160 units being sold despite the drop in sales of 22.2%. The number include both the re-designed 2009 TL and also 2008 Acura TL, which is heavily discounted due to the launch of new model. The luxury 4-door sedan from Acura, the Acura RL sales also went down as expected. 234 units were sold, compared with 392 in last November. The Acura TSX was doing relatively fine with only decline of 9.1% and 1,712 cars were sold.

Acura SUVs were dropping by almost 60%. The Acura MDX had a decline of 57% with 2,101 units being sold while the Acura RDX dropped 59.4% with 681 units being sold.

Tags: Acura, Acura Sales Report, Car Pricing News

03 Dec 08 Honda Reported 30.6% Sales Drop in November 2008

American Honda sold 68,343 units of vehicles in November 2008, a decline of 30.6% compared with November 2007.

All Honda vehicles sales went down. The Honda Accord is still the best-selling Honda vehicle with 17,430 units being sold, despite the 38.1% decrease daily sales rate with last November. The Honda Civic also had a slow month with 25,141 units being sold, a decrease of 29.6% compared with last year. Surprisingly, 4,909 units of the Honda Fit were sold last month, a decline of 8.1%.

The Honda Pilot, the 8-passenger SUV, became the exception with 5,601 units sold, an increase of 4.5% from last November. However, other than the Honda Pilots, all Honda trucks were having a slow month as expected. With decline of 26.3% for Honda CR-V, there were 12,153 units of the compact 5-passenger crossover SUV sold.

Below is the detailed sales report

Tags: Car Pricing News, Honda, Honda Sales Report

26 Nov 08 $5,000 Dealer Cash for Buying a 2008 Toyota Highlander

According to economic 101, when price becomes lower, demand will go up. Toyota implements this idea on selling the 2008 Toyota Highlander very well following the huge sales drop in October 2008.

You do not find $5,000 incentive on a Japnese car with price tag between $30,000~$40,000 often, but due to the bad economy, it happens. There is a $5,000 market support on the new 2008 Toyota Highlander from base model to the highest trim in south east area. There is additional $500 millitary rebate on top of that. Yes, that is total of $5,500 and no negotiation should be involved yet if you are qualified. Dealer might trick you by saying there is no such offer or not giving you the full amount. Remember that you could always find a dealer want to dump cars. This offer may not be combined with special APR, but $5,000 is a huge amount so who cares. Also, there is $400 college rebate on top of everything as well.

Since not everyone is located in southeast area, what about other areas? No information is available this point. However, once there is new information we will update it.

Tags: Car Incentive, Car Price, Car Pricing News, Car Rebate

11 Nov 08 Mazda Loyalty Rebate Got Doubled to $1,000 as Incentive to Customer

Mazda Owner Loyalty Rebate program is a bonus rebate program for existing Mazda owner and his/her direct family members. This offer was $500 before this month. However, according to our sources, Mazda doubles the amount to $1,000 this month. The Mazda customer loyalty rebate applies to new Mazda cars including 2008 Mazda CX-9, 2009 Mazda CX-9, 2008 Mazda CX-7, 2009 Mazda CX-7 , 2008 Mazda RX-8 , 2008 Mazda MX-5 .

However, 2008 Mazda 6 and 2009 Mazda 6 are only qualified for $500 for this promotion.

In order to get this offer, the current Mazda owner should be under the same address as the future Mazda car buyer. The photocopy of the registration for current Mazda vehicle might be needed as a proof of same household. Keep in mind this is a cash directly goes to car buyer, so this amount is taxable.

Tags: Car Incentive, Car Price, Car Pricing News, Mazda, Mazda Loyalty Rebate

05 Nov 08 Honda Drops 28% of sales in October 2008

Honda drops 28% sales in Oct 2008 compared witd Oct 2007 despite increase sales of the re-desgined 2009 Honda Fit.

American Honda just published Octobor 2008 Sales. Like most auto makers, a decline of 28.0% daily sales rate compared with sales in Octobor 2007. The all-new redesigned Honda Fit is the only model with increase of 28.1% daily sales rate, with 6,478 units sold last month, compared with 4,868 sold in Octobor 2007.

Sales of Honda trucks and SUVs are decreasing as expected due to the economy situation. The most-selling Honda SUV - Honda CR-V drops 24.4% sales rate with 23.169 units sold last month, followed by the Honda Odyssey, with 38.6% sales rate lower than last Octobor and 9,208 units sold last month.

Two of the best-selling Honda models, the Honda Accord and the Honda Civic, surprsingly drop the sales of 38.4% and 24.8% despite Honda’s promotion of special APR.

Tags: Car Pricing News, Honda, Honda Sales Report

04 Nov 08 Subaru Sales in October 2008 Drops 14%

Subaru of America is doing relatively well in USA despites its 14% drop compared with Octobor 2007 as most auto makers were dropping around 25% to 30%.

12,917 units were sold in Octobor 2008 while 15,979 units were sold Octobor 2007. Even though international gas price has dropped, car shoppers do not want to big SUVs. Subaru Tribeca dropped 60% of sales and Subaru Outback dropped 45%.

However, the re-designed 5-passenger SUV, Subaru Forester, increased the sales of 28% of sales compared with Octobor 2007, with 4,558 cars sold, compared with 3,554 last October.

Tags: Car Pricing News, Subaru, Subaru Sales Report

13 Oct 08 Honda Plans to reduce Production of 2009 Pilot & 2009 Odyssey

Even with the huge jump of more than 900 points in Dow Jones today, it seems Honda still does not think US SUV/Minivan Market will come back anytime soon.

Honda plans to reduce the production of 2009 Honda Pilot and and 2009 Honda Odyssey between November 2008 and March 2009 by total of 22,000 units despite gas price is dropping. It is believed that the reason of this decision is due to the US customers move from SUV/Minivan to sedans becuase of the cheaper price and less gas consumption. However, it is believed that Honda will use the production line to produce more Accord, the mid-size family sedan of Honda.

Since it usually takes two months to have the car delivered from factory to dealers’ parking lot, the reduced quantities might affect the market by around end of January 2009. Expect auto makers to have similiar decision as SUVs/Minivans are very hard to be sold for the last half year. Mazda is having huge hidden dealer incentive on 2008 CX-9 and hidden dealer cash on 2008 CX-7 , and 40% off MSRP on Nissan SUV/Minivan . For people who are looking to buy SUV/Minivan, be prepared and do not wait for too long. X’mas this year seems to be a good time as there are still plenty of inventories and you could get a good deal before car makers adjust reduce their production.

Please let us know if you have any question. We will try to help and guide you to get the best deal possible. Also, please share your car price & quotes as it help all of us to get the best deal with least time.

Tags: Accord, Car Pricing News, Honda, Odyssey, Pilot