February car buying incentives: the foreign brands

Few foreign-brand cars have significant rebates. Last year’s SUVs and minivans are another matter. On those the rebates are often $4,000, even $5,000.

Mazda has added a $1,000 rebate to the new Mazda6–to be combined with interest rates as low as zero percent. Most of Mazda’s incentives on 2009s combine rebates with zero-for-36. There’s no higher rebate if you don’t take the low-interest financing. Odd.

For a long time, rebates were not available on Toyota’s hybrids. Then they were available, but smaller than on the non-hybrids. Well, this month the $1,500 rebate on the Camry Hybrid is $500 higher than that on the regular Camry.

In general, rebates are a little lower this month at Toyota. They pumped up rebates last month, and sales were still way off, so perhaps they’ve decided many people simply aren’t buying, so why give money away to those who are?

Nissan has added a $1,500 rebate to the Altima Hybrid, brining it into line with the regular Altima. Nissan continues to offer no rebate on the SE-R versions of the Sentra. It clearly thinks they’re something special.

Subaru has tossed a $3,000 rebate on the hood of the 2008 WRX. That model received more power and more aggressive suspension tuning for 2009, which has no doubt made the 2008s much harder to sell.

All in all, not much new going on with the foreign brands.