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Incentive Spending in December

by Car Appraiser on January 12, 2017

Incentive Spending in December

 

incentive-spending-in-december

The ALG estimates that average incentives on new vehicles spiked 20% to $3,673 in December 2016 compared with December 2015. Among the biggest spenders on December discounts were the Detroit 3 and Volkswagen Group. Subaru also has been able to offer some of the industry’s leanest new-vehicle deals bringing average incentives to $1,162.

ManufacturerDec. 2016 U.S. incentive forecast per new vehicleChange from Dec. 2015Change from Nov. 2016
BMW$5,81522%1.2%
Daimler$4,6071.9%-4.0%
FCA$4,29122%0.5%
Ford$4,19034%-0.9%
GM$4,61114%-3.6%
Honda$2,15424%0.9%
Hyundai$2,60631%-0.5%
Kia$3,41621%1.4%
Nissan$4,23716%-1.6%
Subaru$1,162103%-1.8%
Toyota$2,72313%-2.3%
Volkswagen$4,39223%-1.6%
Industry$3,67320%-1.6%

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