The dip in the sales graph prompts luxury car makers to offer incentives in order to lure consumers who are looking into buying more affordable brands and vehicles like SUVs and pickups. The luxury car brands suffered due to the recession which pushed the economy to the edge forcing consumers to cut back on their spending.

BMW invites consumers to take advantage of the interest rates that they offer for their new range of cars which goes for as low as 1.9%. They are also focusing on pushing for their pre-owned cars program. BMW is also concentrating on being more green as they capitalize on their diesel models and their plan to introduce the X6 Hybrid and the 7-Series in the United States.

Bentley gives consumers to own a Continental GT with a sticker of $179,000 on a 0.9% interest rate. Porsche is also creating a buzz with their cash back programs. On an average purchase, the buyer can save as much as $4412, a 657% increase from 2008, for buying a new car from Porsche.

Mercedes-Benz offers a special rate on the leasing program and interest rates ranging from 1.9% to 2.9% for units like the CLS Class 4-door coupe, CLK-Class, and the sedan from the C-Class lineup. Benz also recently launched the S400 hybrid in the U.S. to enter the competition on the green market.

The luxury car brands hope to improve their figures by 2010. On the other side of the picture, now is the great chance for consumers to buy their new rides.

Packed in the S-models, the 3.8L engine has an additional 30HP. With a brand new power output of 380HP, it exceeded the 186mph speed limit of the Carrera S. Of course, speed is just one of the factors that helped Porsche bag the title. The engine’s driving performance and efficiency impressed this year’s judges.

“Leave it to Porsche to build a near-400bhp engine that returns such impressive fuel economy,” Automobile Magazine’s Marc Noordeloos said. “Enthusiasts should take comfort in the fact that the naturally aspirated engine may not be dying after all.”

An impressive reduction in fuel consumption is another outstanding trait of the new 911 range bearing this year’s best engine. Among the models, the  Porsche 911 Carrera S stood out with its notable balance between fuel economy and engine performance with its average of 23mpg (10.2L/100km). Side to side with the old version, the new 3.8 L flat-six gives an 8.5% power boost and 13% decrease in CO2 production.

As for the other awards, Mecedes Benz got the “Best Performance Engine” and the “Above 4.0L Class” awards for the 6.2L V8 engine. Volkswagen received the “Green Engine of the Year” title for the 1.4L TSI TwinCharger.

It’s still a nice car for women and I’m not saying it’s a BAD car either — it’s just not NEW. :p