With gas prices set to peak near $4.00 per gallon in the U.S. this summer, automotive manufacturers are anticipating a sharp decline in SUV sales. With that in mind, January may be one of the best times to purchase an SUV. Consumers are still recovering from holiday expenses. That means many dealership showrooms are absent some customers. For both of these reasons you may find that dealers are willing to adapt some flexibility in how low they will go or what they’re willing to offer in perks. Manufacturers are also offering some nice incentives to help their dealers clear the lots. Some of the best we’ve found are:

General Motors Corporation

If you’re a previous GM owner, that would be a Buick, Cadillac, Chevy, or GMC, 1999 or newer, you qualify for an extra $1,000 owner loyalty cash back. GM is currently experiencing a slight increase in sales and would like to see that trend continue. As such, they are also offering:

1.) 2010 Chevy Suburban and Tahoe – $3,000 cash allowance or 0% APR up to 72 months.

2.) 2010 Chevy Traverse – $2,500 cash allowance or up to 0% APR up to 60 months.

3.) 2011 Chevy Suburban and Tahoe and 2011 Buick Enclave – $2,000 cash allowance or 0% APR up to 60 months.

4.) 2011 Chevy Traverse – $2,000 cash allowance or 0% APR up to 60 months.

5.) 2010 Buick Enclave – $3,500 cash allowance or 0% APR up to 60 months and $1,000 bonus cash.

6.) 2011 Cadillac Escalade and SRX – 1.9% APR up to 36 months.

Ford Motor Company

1.) 2011 Ford Expedition and Escape – $2,000 cash back on the Expedition and $500 cash back on the Escape or 1.9% APR up to 72 months on either model.

2.) 2011 Ford Flex – $1,000 cash back.

3.) 2011 Lincoln Navigator – $3,000 customer cash or 0% APR up to 60 months, 1.9% APR up to 72 months.

4.) 2011 Lincoln MKX and MKZ- $1,500 customer cash or 1.9% APR up to 36 months, 2.9% up to 48 months, and 3.9% up to 60 months.

5.) 2010 Lincoln MKZ – $4,000 customer cash or $1,000 customer cash and 0% APR up 60 months, 1.9% up to 72 months.

Hyundai

1.) 2010-2011 Hyundai Santa Fe – $1,000 cash back or 3.9% APR up to 60 months.

2.) 2010 Hyundai Tucson – 2.9% APR up to 60 months.

3.) 2010 Hyundai Veracruz – $1,500 cash back or 0.9% APR up to 60 months.

4.) 2011 Hyundai Veracruz – $1,000 cash back or 2.9% APR up to 60 months.

Chrysler

1.) 0% APR on all 2010 Chrysler models.

2.) 2010 Dodge Journey and Nitro 0% APR up to 60 months

Toyota

1.) 2011 Toyota RAV4 – $750 cash back or 1.9% APR up to 60 months.

2.) 2011 Toyota Sequoia and 4Runner – $1,000 cash back for military personnel.

3.) 2011 Toyota Highlander – $500 cash back or 2.9% APR up to 60 months (excludes hybrid).

Honda

1.) 0.9% APR up to 60 months on leftover 2010 models.

2.) 2011 Honda Pilot – 0.9% APR up to 36 months or 1.9% APR up to 60 months.

BMW

1.) 0.9% to 3.9% APR on most 2010 and 2011 models.

2.) 2010 BMW X3 – up to $5,000 cash back.

Be sure to also see if the vehicles you’re considering, especially if it’s a hybrid, electric, or alternative fuel-powered, can qualify for a federal or state tax credit, deduction, or rebate.  Here’s  more info on new car tax credithybrid car tax credit, and electric car tax credit.

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