Welcome!

Cognitive Computing Authors: Kevin Benedict, Liz McMillan, Elizabeth White, Rene Buest, Yeshim Deniz

News Feed Item

Big Cash Rebates, Great Deals Available On Remaining 2012 Model-Year Inventory

KBB.com Identifies Vehicles with Sizeable Discounts, Based on Kelley Blue Book® Fair Purchase Price

IRVINE, Calif., Dec. 21, 2012 /PRNewswire/ -- Consumers typically can find the best deals of the year in December, and this year should be no different, according to Kelley Blue Book www.kbb.com, the leading provider of new and used car information.  While replacement vehicle demand in the Northeast following Superstorm Sandy should help drive sales in December, the bulk of sales will come from buyers who are waiting to take advantage of year-end clearance events. 

(Logo: http://photos.prnewswire.com/prnh/20121108/LA08161LOGO)

To aid in this process, KBB.com analysts examined the latest data and identified new cars with sizeable discounts based on Kelley Blue Book Fair Purchase Price.  The Kelley Blue Book® Fair Purchase Price is the price people typically pay a dealer for a new car, based on actual new-car transactions and adjusted regularly as market conditions change.  This information can help reduce the friction between dealers and consumers, offering buyers with a realistic and relevant picture of what others are paying for similar models in their area. 

"As has been typical all year, consumers should expect to find zero-percent financing and aggressive lease offers available on most popular models," said Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book.  "While affordable financing is widely available, sizable cash rebates are offered only for a handful of segments and models.  Consumers in the market for a full-size truck or SUV will find the most generous cash rebates, while compact or mid-size shoppers will want to check out any remaining model-year 2012 inventory for potential end-of-year savings."

Buyers looking for a truck or SUV will find the best opportunities for savings since there are a slew of models available with more than 100-days supply nationwide.  Popular models such as the Chevrolet Silverado, Chevrolet Tahoe, Ram 1500 and Ford F-Series are available with thousands of dollars in rebates, thanks to high supply.  These may be some of the best deals available all year, so in-market truck shoppers will want to act quickly.

Big Cash Rebates Offered on Model-Year 2012 Pickups





Make

Model

Trim

MSRP

FPP*

% of MSRP

Cash

60-Month

Nissan

Titan Crew Cab

SV Pickup 4D 5 1/2 ft

$33,715

$30,800

91.4%

$4,850

0.9%

Toyota

Tundra Double Cab

Pickup 4D 6 1/2 ft

$29,740

$27,301

91.8%

$3,000

0.0%

Ram

1500 Quad Cab

SLT Pickup 4D 6 1/3 ft

$31,510

$29,224

92.8%

$4,000

0.0%

Ford

F150 Regular Cab

XLT Pickup 2D 6 1/2 ft

$28,960

$26,889

92.9%

$6,500

0.0%

GMC

Sierra 1500 Crew Cab

Denali Pickup 4D 5 3/4 ft

$49,605

$46,945

94.6%

$4,500

0.0%

Chevrolet

Silverado 1500 Extended Cab

LT Pickup 4D 6 1/2 ft

$31,400

$29,777

94.8%

$4,500

0.0%


*Fair Purchase Price (FPP) is the price people typically pay a dealer for a new car, based on actual new-car transactions and adjusted regularly as market conditions change.

Source: Kelley Blue Book Automotive Insights

"Consumers looking for a deal who are not interested in a truck should focus their attention on the remaining model-year 2012 inventory available for sale," said Gutierrez.  "Approximately 70 percent of all new vehicles available for sale today are 2013 models, and Kelley Blue Book expects the remaining 2012 vehicles to go quickly.  An average buyer seeking a new car can expect to pay 93 percent of manufacturer's suggested retail price (MSRP) for a 2012 model year and only slightly more than that for a 2013." 

To aid consumers seeking a great deal on a 2012 model-year vehicle, KBB.com analysts identified vehicles with at least 1,000 units in remaining inventory nationwide that are available with the most sizable discounts, according to Kelley Blue Book Fair Purchase Price

Great Deals on Remaining 2012 Inventory





Make

Model

Trim

MSRP

FPP*

% of MSRP

Cash

60-Month

Ford

Focus

SE Sedan 4D

$18,295

$17,244

94.3%

$2,500

0.0%

Toyota

RAV4

Sport Utility 4D

$24,860

$23,407

94.2%

$1,500

0.0%

Nissan

Sentra

Sedan 4D

$17,220

$16,101

93.5%

$1,500

1.9%

Hyundai

Sonata

SE Sedan 4D

$23,970

$21,794

90.9%

$1,500

1.9%

Mitsubishi

Lancer

ES Sedan 4D

$17,790

$16,523

92.9%

$1,000

0.0%


*Fair Purchase Price (FPP) is the price people typically pay a dealer for a new car, based on actual new-car transactions and adjusted regularly as market conditions change.

Source: Kelley Blue Book Automotive Insights

For more information and news from Kelley Blue Book's KBB.com, visit www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or @kelleybluebook), like our page on Facebook at www.facebook.com/kbb, and get updates on Google+ at https://plus.google.com/+kbb/.

About Kelley Blue Book (www.kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle valuation and information source trusted and relied upon by both consumers and the industry.  Each week the company provides the most market-reflective values in the industry on its top-rated website www.kbb.com, including its famous Blue Book® Trade-In and Suggested Retail Values and Fair Purchase Price, which reports what others are paying for new cars this week.  The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies as well as governmental agencies.  KBB.com provides consumer pricing and information on cars for sale, minivans, pickup trucks, sedan, hybrids, electric cars, and SUVs.  Kelley Blue Book's KBB.com ranked highest in its category for brand equity and was named Online Auto Shopping Brand of the Year by the 2012 Harris Poll EquiTrend® study.  Kelley Blue Book Co. Inc. is a wholly owned subsidiary of AutoTrader Group.

SOURCE Kelley Blue Book

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
There is only one world-class Cloud event on earth, and that is Cloud Expo – which returns to Silicon Valley for the 21st Cloud Expo at the Santa Clara Convention Center, October 31 - November 2, 2017. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers. Companies are each developing their unique mix of cloud technologies and service...
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, will introduce two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
Recently, IoT seems emerging as a solution vehicle for data analytics on real-world scenarios from setting a room temperature setting to predicting a component failure of an aircraft. Compared with developing an application or deploying a cloud service, is an IoT solution unique? If so, how? How does a typical IoT solution architecture consist? And what are the essential components and how are they relevant to each other? How does the security play out? What are the best practices in formulating...
In his session at @ThingsExpo, Arvind Radhakrishnen discussed how IoT offers new business models in banking and financial services organizations with the capability to revolutionize products, payments, channels, business processes and asset management built on strong architectural foundation. The following topics were covered: How IoT stands to impact various business parameters including customer experience, cost and risk management within BFS organizations.
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics ...
SYS-CON Events announced today that Elastifile will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Elastifile Cloud File System (ECFS) is software-defined data infrastructure designed for seamless and efficient management of dynamic workloads across heterogeneous environments. Elastifile provides the architecture needed to optimize your hybrid cloud environment, by facilitating efficient...
SYS-CON Events announced today that Golden Gate University will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Since 1901, non-profit Golden Gate University (GGU) has been helping adults achieve their professional goals by providing high quality, practice-based undergraduate and graduate educational programs in law, taxation, business and related professions. Many of its courses are taug...
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
SYS-CON Events announced today that Secure Channels, a cybersecurity firm, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Secure Channels, Inc. offers several products and solutions to its many clients, helping them protect critical data from being compromised and access to computer networks from the unauthorized. The company develops comprehensive data encryption security strategie...
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...