Higher Incentives on 2010 models, luxury cars, Hondas, Toyotas and General Motors' orphan brands pushed the average automaker incentive in November beyond that of October and that of November a year ago. Edmunds.com estimates the average incentive at $2,713 per vehicle sold in November, up $52, or 1.9 percent, from October , and up $32, or 1.9 percent, from November 2008. “With inventories of 2009s being cleared away and 2010 models hitting dealership lots in greater — more normal — numbers for this time of year, incentives on those new models are increasing,” stated Jessica Caldwell, Director of Industry Analysis for Edmunds.com.
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Incentives Edge Higher in November, Edmunds.com Estimates
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