Eugene David
...The One-Minute Pundit

Monday, September 21, 2009


Alas, even with the depr -- reces -- ECONOMY OVER, the rich are scrimping on automobiles:

Take Porsche, whose models start at $46,000 and top $130,000. Its average incentives, which include cash-back rebates and other deals, were $4,412 through August, according to estimates from Autodata Corp. That's up 657% from the same period last year.

Bentley, meanwhile, is offering 0.9% financing on the Bentley Continental GT luxury coupe, which starts at about $180,000, said Edmunds.com auto analyst Jessica Caldwell.

"I've seen low APRs before, but 0.9% for Bentley -- that's more like what Chevy offers," Caldwell said.


And it's made by Volkswagen!

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