DETROIT — If you’re holding out for a bargain on a car, you could be rewarded this month or next.
Automakers are more likely to offer promotions on certain makes and models — particularly luxury cars, SUVs and trucks — to clear out their older models and improve their year-end numbers.
Overall, the auto industry remains cautious about generous rebates and low-cost loans to lure customers. Newly lean and profitable carmakers don’t want to erode the bottom line by offering too many sweet deals that cut into profit margins.
But as the end of the year approaches, some shoppers, including many Toyota buyers, could find bargains. Even a disciplined industry can’t resist end-of-the-year sales.