January's Best New Car Offers
It might be chilly outside, but car dealerships are toasty thanks to increasing incentives.
Kelley Blue Book (KBB) released their list of what they consider the 10 best new car deals going on this month. Lease vehicles such as the 2016 Ford Fusion Hybrid and 2016 Chevrolet Trax for less than $200 a month, or get up to $4,500 cash back when purchasing the 2016 Chrysler 200. All 10 January deals are below.
And for even more savings, I recommend you use TrueCar No Haggle and Edmunds Price Promise to compare prices in your local area.
|Vehicle||MSRP||KBB Fair Purchase Price||Term (Months)||Monthly Payment*||Due at Signing|
|2016 Ford Fusion Hybrid||$27,305||$25,039||36||$169||$2,719|
|2016 Chevrolet Trax||$23,540||$22,855||39||$199||$1,259|
|2016 Honda Accord||$23,740||$21,767||39||$199||$1,999|
|2015 Ford Flex||$32,995||$30,794||36||$219||$3,739|
|2016 Acura ILX||$30,840||$27,272||36||$229||$2,499|
|2016 Lexus CT 200h||$32,190||$30,490||36||$299||$999|
Cash Back Deals
|Vehicle||MSRP||KBB Fair Purchase Price||Cash Back Deal**|
|2016 Chrysler 200||$25,140||$23,611||$4,500|
|2015 Fiat Abarth||$23,295||$21,550||$3,250|
|2015 Fiat 500||$18,680||$17,161||$3,250|
|2016 Chevrolet Malibu||$25,895||$24,800||$1,500|
*Monthly payment assumes 60 months at default APR 3.5%, unless otherwise noted.
**Purchase payments assume cash back applied as down payment.
My Recommendation for Car ShoppersTrueCar, Edmunds, and 1-800 Car Show 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
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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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