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10 Best Luxury Car Rebates and Incentives

Benjamin Hunting
by Benjamin Hunting
December 13, 2010
6 min. Reading Time
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Luxury cars see their fair share of rebates and incentives aimed in their direction by automakers looking to jump-start sales of specific models or make room for incoming inventory. These deals can save thousands off of the sticker price, and make even high class brands that much more affordable for shoppers who are willing to put a little extra time into searching out the best possible luxury car bargains.

We’ve put together a list of 10 of the most appealing luxury car rebates and incentives currently available on the market, covering a broad range of prices and vehicle styles. Let’s take a look at some of the best deals that are waiting out there on luxury dealer lots across the country.

01. 2011 BMW 7 Series

The 2011 BMW 7 Series is the German brand’s flagship sedan, and as such it comes with a very long list of comfort equipment and premium features. This includes high-tech options such as a top-view parking camera, active roll stabilization, a head-up display and even a night vision system that makes use of infrared cameras.

Despite its size (the 7 Series can also be had in an extended wheelbase edition), the sedan is a solid performer thanks to a triple threat of engine choices. The base 740i / Li comes with a 3.0-liter, inline six-cylinder engine that generates 315 horsepower and 330 lb-ft of torque thanks to the use of twin turbochargers, while the 750i / Li benefits from the introduction of a twin-turbo 4.4-liter V-8 capable of producing 400 horsepower and 450 lb-ft of torque. A six-speed automatic transmission is standard for either engine, and the V-8 can additionally be equipped with all-wheel drive. The top of the line 760 Li is outfitted with a 12-cylinder, 6.0-liter twin-turbocharged unit that develops 535 horsepower and 550 lb-ft of torque.

The 2011 BMW 7 Series is available with a cash back rebate of $2,500 or a 0.9% financing incentive until 01/03/2011.

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02. 2010 Buick LaCrosse

The 2010 Buick LaCrosse is a mid-size luxury sedan that doesn’t attempt to match the sporty flair of European competitors. Instead, it caters to drivers looking for a quiet, composed and competent ride that comes with all the high end features that luxury cars are meant to provide. The completely redesigned 2010 LaCrosse is roomier, with better sound insulation and a higher grade interior that makes better use of soft touch materials when compared against its predecessor. Buyers can choose between a 2.4-liter four-cylinder engine (generating 182 horsepower) and a pair of V-6 engines: a 255 horsepower 3.0-liter unit and a 3.6-liter motor providing 280 horsepower. A six-speed automatic transmission is standard across the line, and all-wheel drive can be ordered on certain models as an option.

The 2010 Buick LaCrosse can be had a cash back rebate of $1,250 or a 0.9% financing incentive that includes $1,250 cash back until 01/03/2011.

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03. 2011 Lincoln Town Car

Continuing on the American luxury theme is the 2011 Lincoln Town Car, a traditional full-size sedan that represents the last of the old guard when it comes to premium automobiles. Offering a driving experience that is designed to keep out the hustle and bustle of the outside world, the Lincoln Town Car provides big interior room (in both regular and extended wheelbase editions) as well as a cavernous trunk. Feature highlights include full leather upholstery and available seat heaters both front and rear. Under the hood a 4.6-liter V-8 engine pulls duty, and its 239 horsepower and 287 lb-ft of torque are sent to the rear wheels through a four-speed automatic transmission.

The 2011 Lincoln Town Car is currently offered with a cash back rebate of $3,000 or a 0.9% financing incentive until 01/03/2011.

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04. 2011 BMW 3 Series

The 2011 BMW 3 Series is the most popular vehicle in the company’s lineup, and it’s also something of an automotive Swiss Army knife – this small sedan can additionally be found in hardtop convertible, coupe and even wagon form. The most appealing aspect of the 3 Series is the engaging driving experience that it offers thanks to its well-tuned chassis and suspension system, as well as its range of engine options.

The 3 Series starts out with a 3.0-liter inline six-cylinder motor that provides 230 horsepower, while a turbocharged edition of this engine offering 300 horsepower is also available. A special sport edition bumps that motor’s power production up to 320 horses, and there is also a six-cylinder twin-turbo diesel motor on tap that displaces 3.0-liters and which generates 265 horsepower and 425 lb-ft of torque. Transmission choices include a six-speed manual, a six-speed automatic and a seven-speed dual-clutch automated manual.

The 2011 BMW 3 Series is available with a cash back rebate of $1,500 or a 0.9% financing incentive until 01/03/2011.

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05. 2010 Saab 9-3 Convertible

The 2010 Saab 9-3 convertible is an often-overlooked European premium drop top that offers an intriguing alternative to the standard German luxury car hegemony. The 9-3 convertible comes with a power roof, 17-inch wheels, dual automatic climate control and the option of the sport-oriented Aero trim. Aero editions of the 9-3 convertible provide stiffer suspension tuning, high class leather sport seats and an upgraded Bose stereo system. A 2.0-liter, turbocharged four-cylinder engine is the power plant of choice for the Saab 9-3 convertible, and it churns out 210 ponies and 221 lb-ft of torque. Shifting duties are handled by either a six-speed manual or a six-speed automatic transmission.

The 2010 Saab 9-3 convertible is advertised with a cash back rebate of $6,000 or a 0.0% financing incentive plus $1,000 in additional cash back until 01/03/2011.

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06. 2011 BMW 5 Series

The 2011 BMW 5 Series is one of the leading mid-size luxury sedans on the market, and it manages to combine a top tier interior, a high feature count and rewarding driving characteristics into a single package. Three distinct models populate the 5 Series lineup, starting with the 528i and its 240 horsepower inline six-cylinder engine that displaces 3.0-liters. Moving up to the turbo edition of the same motor in the 535i nets 300 ponies, while the 550i’s 4.4-liter twin-turbo V-8 drops 400 horsepower and 450 lb-ft of torque to the tarmac through either a six-speed manual or eight-speed automatic transmission (available across all trim levels). All-wheel drive editions (xDrive) of the 528i and the 550i can also be ordered.

The 2011 BMW 5 Series can be found with a cash back rebate of $1,500 or a 0.9% financing incentive until 01/03/2011.

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07. 2010 Lincoln MKS

The 2010 Lincoln MKS is a full-size sedan aimed at price-conscious luxury car buyers who want to sample premium features and accommodations without busting their budgets. The MKS is a genuine luxury contender for those seeking plus-size interior room and equipment such as heated front and rear leather seats, the voice-activated SYNC vehicle interface and a touchscreen navigation system. It also provides access to Lincoln’s EcoBoost twin-turbo V-6 engine, a 3.5-liter unit that matches up with standard all-wheel drive to offer 355 horsepower without sacrificing fuel economy. At 25 miles per gallon on the highway it beats the entry-level 273 horsepower, 3.7-liter V-6 in either front-wheel or optional all-wheel drive trim in terms of fuel efficiency. A six-speed automatic transmission is the only available gearbox with either engine.

The 2010 Lincoln MKS is currently offered with a cash back rebate of $3,000 or a 0.0% financing incentive that comes with $1,000 cash back until 01/03/2011.

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08. 2010 Saab 9-3X

The 2010 Saab 9-3X is a special edition of the Saab 9-3 SportCombi wagon. This compact almost-crossover has been given the all-wheel drive treatment in the form of Saab’s XWD system. Combined with an electronic limited-slip differential and the bonus of a taller ride height than the standard 9-3 wagon, the 9-3X is a solid choice for drivers who have to deal with snowy conditions five months out of the year. The 9-3X also stands apart from the SportCombi through the introduction of subtle styling tweaks both inside and outside the vehicle. Power is derived from a 2.0-liter turbocharged four-cylinder engine that is good for 210 horsepower and 221 lb-ft of torque, and a six-speed automatic transmission is standard (with the option of a six-speed manual).

The 2010 Saab 9-3X is available with a cash back rebate of $3,500 or a 0.0% financing incentive until 01/03/2011.

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09. 2011 BMW 1 Series

The 2011 BMW 1 Series is the smallest vehicle currently available in the BMW lineup. This luxury coupe is also offered as a convertible, and its compact dimensions and rear-wheel drive layout give it a handling advantage over several of its entry-level luxury competitors. The BMW 128i is equipped with a 3.0-liter, inline six-cylinder engine that offers 230 horsepower and 200 lb-ft of torque, shifted through either a six-speed manual or six-speed automatic transmission, while the BMW 135i makes use of a turbocharged version of that same engine to crank out 300 horsepower and 300 lb-ft of torque. Transmission options remain the same for the 135i.

The 2011 BMW 1 Series can be had with either a cash back rebate of $1,500 or a 0.9% financing incentive until 01/03/2011.

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10. 2011 Lincoln MKZ

The 2011 Lincoln MKZ provides mid-size luxury car buyers with a comfortable option that doesn’t bear Lexus or Buick badge. The MKZ boasts a good range of electronic conveniences, such as the SYNC multimedia and communications interface, an available navigation system with rearview camera and an optional THX surround sound system. The sole engine to be found between the MKZ’s front fenders is a 3.5-liter V-6 that has been tuned to provide 263 horsepower and 249 lb-ft of torque. A six-speed automatic transmission sends that output to the front-wheels in base form, with all-wheel drive also putting in an appearance as an option.

The 2011 Lincoln MKZ is currently being offered with a cash back rebate of $3,000 or a 1.9% financing incentive that includes $1,000 cash back until 01/03/2011.

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