2009 Hybrid Escalade and Honda Insight Getting Big Incentives

According to Edmunds, the 2009 Hybrid Escalade and Honda Insight are now the 'Deals of the Month' list, with big incentives.

GM is working to move the 2009 Hybrid Escalade off the lot, to make room for the 2010 model

"There are finance and cash deals on several of GM's hybrids, largely because sales have been slow all year and the automaker is hoping to move the 2009 models off the lots before the 2010s start piling up," said Edmunds.com Senior Analyst Jessica Caldwell.

The Insight has faced heavy competition from the Prius, right from the start. So Honda is looking for ways to fight back through price. Since the Insight gets lower fuel economy, and doesn't have the same reputation as the Prius, the best way for Honda to sell the 'everybody hybrid' is to work with the price.

"And the Insight just hasn't been moving very well, so the reduced lease they're offering is a good hook to pull people into Honda dealerships to look at them," she said.
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As a result, Honda is now offering the entry-level Insight LX, which has a base price of $20,510, with a discounted 3-year, 36,000-mile lease of $199 a month.