New Car Deals for August 2010: Hybrids

While the auto industry seems abuzz over the coming wave of electric cars, hybrid car sales remain lackluster. Fewer consumers seem willing to pay the extra cost to boost their cars’ fuel economy unless there’s a sufficient financial incentive. Unfortunately, gas prices remain relatively stable and are at least a dollar less than their 2008 highs. What’s more, some automakers, particularly Honda and Toyota have exhausted their allotted federal income tax credits for hybrid-car buyers to help sweeten the deals.  But as always the market tends to self correct, in this case via generous rebates and financing programs. Honda leaps onto our list this month with assorted spiffs on its two hybrids, the Civic and Insight. With additional hybrids headed to market this fall, expect the incentives to continue unless gas costs skyrocket.

Here are the Best New Car Deals on Hybrids for August 2010:
2010 Chevrolet Silverado Hybrid/GMC Sierra Hybrid: $5,000 cash or 0.0 percent financing to 72 months.
2010 Nissan Altima Hybrid: up to $4,500 cash or 0.0 percent financing to 60 months, 1.9 percent to 72 months.
2010 Chevrolet Tahoe Hybrid/GMC Yukon Hybrid: $3,000 cash or 0.0 percent financing to 60 months, 3.9 percent to 72 months.
2010 Honda Civic Hybrid: $1,000 marketing support and 0.9 percent financing to 60 months.
2010 Honda Insight: $750 cash and $750 marketing support and 0.9 percent financing to 60 months.