Deals on Trucks: November Edition
With winter coming, many consumers are looking for a new pickup truck that can tackle the harsh climate of America's Snow Belt. And with automakers looking to reach year-end sales targets, now is the best time to buy a go-anywhere pickup due to an increase in special offers and manufacturer incentives. We've scoured those incentives, bringing buyers our opinion on some of November's best deals on pickups that will last through this winter and many more to come.
Want a little luxury in your pickup? Through the end of the year, Cadillac is offering zero percent financing for 36 months on its luxurious, brawny Escalade EXT pickup. That's a great deal when you consider that the upscale truck, which starts at nearly $63,000, features a 403-horsepower 6.0-liter V8 and an impressive list of standard features including a rearview camera, heated and cooled 14-way power front seats, remote keyless entry with a remote engine starter and a navigation system that features voice recognition and traffic information. Not interested in the Escalade's pickup version? Don't worry - the automaker is extending the same offer to every version of the upscale SUV.
Chevrolet's large pickup is accompanied by some similarly large incentives through the end of the year. According to Chevrolet, qualified buyers can get zero percent financing for a shocking 72 months on light-duty versions the truck, or take up to $4,500 cash back on extended and crew cab models. That offer extends to the fuel-saving Silverado Hybrid, which is capable of up to 23 miles per gallon in highway driving thanks to its supplementary electric motor. The same financing offer is available on heavy-duty Silverado 2500HD and 3500HD models, though the cash back offer drops to $3,000 for the larger trucks.
While Ford's midsize Ranger pickup is becoming increasingly outdated, it's hard to argue with amazing deals the automaker is offering on remaining 2011 models. According to Ford, qualified buyers can choose between zero percent financing for up to 60 months and $2,500 cash back or up to $5,500 cash back for buyers paying in cash or financing through other sources. That's a huge incentive on a truck that starts below $18,000 before destination. For buyers interested in the larger F-150, Ford is offering $2,500 cash back or $1,000 cash back and interest rates starting at 2.9 percent for 36 months.
While Honda's midsize pickup is losing momentum with buyers, the automaker rarely offers incentives on the truck due to low inventory. But that's changed in November, as Honda recently announced a 0.9 percent financing offer for qualified buyers who take delivery of a new 2011 Ridgeline by the end of the year. While the offer only applies to 24 to 36 month terms, Honda is also offering 1.9 percent financing on the Ridgeline for buyers looking to spread out their payments for up to 60 months - a good deal on a unique pickup aimed at city dwellers looking to haul lighter loads than traditional pickup buyers.
Special offers from Toyota are more complicated than those from most other automakers since an independent distributor who sets its own incentives serves the southeastern U.S.. While there are no current deals on the midsize Tacoma for shoppers in that region, truck buyers elsewhere can take advantage of an attractive lease offer on four-cylinder versions of the durable pickup that range from $0 down and monthly payments of $369 to $1,999 down and payments of just $309 per month through November. While it's not as generous as some competitors' deals, the Tacoma remains the country's most popular midsize pickup, meaning interested buyers should take advantage before the offer is eliminated altogether.
Toyota's larger pickup, the full-size Tundra, comes with a few more incentives in November. For truck shoppers in the southeastern U.S., the full-size Tundra is available throughout the month with zero percent financing for up to 48 months or 0.9 percent for up to 60 months. Qualified buyers in the rest of the country will find a different set of offers including zero percent financing for a whopping 60 months or $2,500 cash back on all 2012 Tundra models, excluding the popular Crewmax.