Automotive incentives shrank again in October, even as dealerships continue to ring up healthy sales numbers, reports Edmunds.com.
Find out true cost of incentives for October.
According to Edmunds.com’s True Cost of Incentives® (TCI®) report, the auto industry spent $2,124 per vehicle in October, down 3.3 percent from September and down 1.4 percent from October 2011.
“Buyers are ignoring the stagnant incentives and are happily jumping back in to the new car market,” says Edmunds.com Sr. Analyst Jessica Caldwell.
Check out here.