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The Best Car Deals for January

January 26, 2012

TrueCar released their list of the Best Car Deals for January along with the best day to purchase a new car.

The best day this month turns out to be Saturday, January 28th, with an expected average discount of 8.19% off MSRP. TrueCar uses historical pricing data as part of their formula.

They also released the best cash-back rebates, financing deals, and lease deals available on both 2012 and 2011 models. For example, TrueCar expects a 16.9% discount on the 2012 Ram 1500 and a 15.7% discount on the 2012 Dodge Avenger.

It pays to look through the list and see if the vehicles you're interested in made it, and if so, consider purchasing on the 28th for maximum savings.

You can use the TrueCar No-haggle service or try the free CarWoo service to get the best deals.

Best Cash Deals
Year / Make / Model / Trim MSRP Average Paid % Discount $ Discount
2012 Ram 1500 2WD Reg Cab 120.5″ ST $22,815 $18,959 -16.9% $(3,856)
2012 Dodge Avenger 4dr Sedan SE $19,845 $16,732 -15.7% $(3,113)
2012 Chrysler 200 4dr Sedan Touring $22,220 $18,903 -14.9% $(3,317)
2012 Jeep Liberty RWD 4dr Sport $24,155 $20,678 -14.4% $(3,477)
2012 Nissan Frontier 2WD King Cab I4 Manual SV $22,490 $19,321 -14.1% $(3,169)
2012 Ford Escape FWD 4dr XLS $22,265 $19,145 -14.0% $(3,120)
2012 Chevrolet Malibu 4dr Sedan LS w/1LS $22,870 $20,009 -12.5% $(2,861)
2012 Ford Mustang 2dr Conv GT $35,505 $31,366 -11.7% $(4,139)
2012 Kia Sedona 4dr Wagon LX $25,700 $22,727 -11.6% $(2,973)
2012 Lincoln MKZ 4dr Sedan FWD $35,630 $32,903 -7.7% $(2,727)
*Estimated Net price is the estimated average transaction price of a vehicle after incentives.
** Percent Discount is rounded to the nearest tenth

 

Lease Deals: Cars
2012 Ford Fiesta — $159/month for 24 months with $2,553 down (Expires: 1/31/12)
2012 Volkswagen Jetta — $169/month for 36 months with $1,999 down (Expires: 1/31/12)
2012 Kia Soul — $169/month for 39 months with $1,999 down (Expires: 2/29/12)
2012 Kia Optima — $189/month for 39 months with $2,499 down (Expires: 2/29/12)
2012 Toyota Yaris — $169/month for 27 months with $2,669 down (Expires: 1/31/12)
2012 Hyundai Sonata — $199/month for 36 months with $2,599 down (Expires: 1/31/12)
2012 Volkswagen Passat — $229/month for 36 months with $1,999 down (Expires: 1/31/12)
2012 Mazda3 — $186/month for 36 months with $1,999 down (Expires: 1/31/12)
2012 Acura TSX — $299/month for 36 months with $1,999 down (Expires: 2/29/12)
2011 smart Fortwo — $99/month for 36 months with $999 down (Expires: 1/31/12)
2012 BMW 1-Series — $439/month for 36 months with $3,644 down (Expires: 1/31/12)
Lease Deals: SUVs/Minivan
2012 Ford Escape — $189/month for 24 months with $3,383 down (Expires: 1/31/12)
2012 Ford Explorer — $319/month for 24 months with $4,713 down (Expires: 1/31/12)
2012 Volkswagen Routan — $299/month for 36 months with $2,499 down (Expires: 1/31/12)
2012 Toyota 4Runner — $349/month for 36 months with $2,348 down (Expires: 1/31/12)
2012 Mercedes-Benz GLK-Class — $399/month for 30 months with $4,583 down (Expires: 1/31/12)
2012 Honda Odyssey — $350/month for 35 months with $0 down (Expires: 2/29/12)
2012 Land Rover LR4 — $749/month for 36 months with $2,995 down (Expires: 4/2/12)

 

Finance Deals: Cars
2012 Chevrolet Malibu — 0% financing for up to 60 months (Expires: 2/29/12)
2012 Mazda2 — 0.9% financing for up to 60 months (Expires: 1/31/12)
2012 Hyundai Accent — 1.9% financing for 36 months (Expires: 1/31/12)
2012 Hyundai Elantra — 1.9% financing for 36 months (Expires: 1/31/12)
2012 Hyundai Genesis Coupe — 0.9% financing for 36 months or 1.9% financing for 48 months (Expires: 1/31/12)
2012 Nissan Maxima — 0% financing for 60 months (Expires: 1/31/12)
2012 Chevrolet Malibu — $2,500 cash back or 0% for 60 months (Expires: 2/29/12)
2012 Ford Taurus — $2,500 cash back or $500 cash back plus 0% for up to 60 months or 1.9% for 72 months (Expires: 4/2/12)
2012 Ford Fusion — $2,500 cash back or $500 cash back plus 0% for 60 months or 1.9% for 72 months (Expires: 1/31/12)
2012 Honda Accord — 0.9% APR financing for 24-36 months or 1.9% APR financing for 37-60 months (Expires: 2/29/12)
2012 Honda Civic — 0.9% APR financing for 24-36 months or 1.9% APR for 37-60 months (Expires: 2/29/12)
2012 Volkswagen Eos — 1.9% APR for 60 months (Expires: 1/31/12)
Finance Deals: SUVs
2012 Ford F-150 — $2,000 cash back or $1,000 cash back and 2.9% financing for up to 36 months (Expires 4/2/12)
2012 Buick Enclave — 0% APR for up to 60 months or $1,500 customer cash (Expires: 2/29/12)
2012 Subaru Forester — 1.9% financing (Expires: 1/31/12)
2012 Toyota Sienna — 1.9% financing for up to 60 months (Expires: 1/31/12)
2012 Volkswagen Tiguan — 0.9% financing for up to 60 months (Expires: 1/31/12)
2011 Hyundai Veracruz — $1,000 cash back and $1,000 bonus cash plus 0% financing for 36 months (Expires: 1/31/12)
2012 Nissan Pathfinder — 0.9% financing for 36 months or 1.9% for 60 months (Expires: 1/31/12)
2012 Nissan Xterra — 0.9% financing for 36 months (Expires: 1/31/12)

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My Recommendation for Car Shoppers


TrueCar No-Haggle and Edmunds Price Promise are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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