New Car Deals for August 2010: Compact Cars

Maybe it’s the summer doldrums, but some of the top incentive plans among compact cars seem overly complicated this month. A handful of models are being given particularly sweet deals, though most of the cars on our list have either been discontinued or have run in the current forms for several years. Be aware, however, that resale values on canceled product lines tend to drop precipitously, so proceed with caution unless you intend to keep a car for six or more years.

Here are the Best Deals on Compact Cars for August 2010:
2010 Chevrolet HHR LS: $4,000 cash or 0.0 percent financing to 60 months, 3.9 percent to 72 months; LT: $4,000 marketing support.
2010 Chevrolet Cobalt: $3,000 marketing support and $1,000 cash when financed via GMAC.
2010 Ford Focus: Up to $3,000 cash or 0.0 percent financing to 60 months, 1.9 percent to 72 months.
2010 Chrysler PT Cruiser: $1,000 marketing support and $2,000 cash or 0.0 percent financing to 60 months, 1.9 percent to 72 months.
2010 Mitsubishi Lancer: $1,500 cash or 0.0 percent financing to 60 months, 1.9 percent to 72 months.
2010 Hyundai Elantra: $1,500 cash.