Auto dealers boost cash-back deals as economy slumps

01/15/2009 | Forbes

As car dealerships struggle with an unprecedented slump in sales, some are offering unprecedented cash-back deals of as much as 30% off of the retail price. Qualified buyers of Chevrolet's Tahoe and Suburban models can get as much as $8,000 in rebates, for instance, and $6,000 in cash back is being offered for the 2009 Mercedes CLK.

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