Buyers' Market: GM Red Tag Sale is on

By Editors on April 21, 2009 9:20 AM
In some respects, at least, there hasn't been a better time to buy a new car in quite awhile. As sales continue to slide, more manufacturers are offering bigger rebates, stronger incentives and lower financing rates to help move the metal. Case in point: GM has already launched its end-of-year Red Tag sales event that usually doesn't begin until closer to Thanksgiving. Browsing through the offers available in GM's Western Region, we were drawn to the 2009 Cadillac CTS with a $49,775 MSRP being offered for $43,864. Or how about $12,000 off a 2008 Cadillac Escalade? Here's another: 2008 Chevy Silverado Work Truck, stickered at $19,775, available for as low as $12,536 (only those that have been languishing on the lot since May, though). You can get a 2009 Chevy Malibu with a $21,395 window sticker for $17,665. A $29,000 Chevy Traverse can be had for as low as $24,000. A $36,000 Chevy Tahoe for $26,000. A $49,000 Corvette for $44,000. A $32,000 Saab 9-3 sedan for $26,000. A $29,360 Saturn Outlook for $25,609. A $28,000 Buick Lucerne for just over $23,000. Kinda fun, isn't it? Follow the link at left for dozens more.