February's Best New Car Deals
February might be almost over, but there's still time to take advantage of deals currently available on new 2015 and 2016 model-year vehicles.
Kelley Blue Book (KBB) put together a list of deals going on now through February 29th. Lease deals include monthly payments as low as $149 on vehicles such as the 2016 Buick Enclave and 2016 Toyota Corolla. And you can get as much as $4,500 cash back or 0% financing when purchasing vehicles such as the 2016 Chrysler 200 or 2015 Hyundai Sonata. All of these February deals are below.
To maximize your deal, I recommend you use TrueCar No Haggle and Edmunds Price Promise to see what your local region is offering.
|Vehicle||MSRP||KBB Fair Purchase Price*||Monthly Payment**||Term (Months)||Amount Due at Signing|
|2016 Toyota Corolla||$20,830||$19,049||$149||36||$1,999|
|2016 Ford Fusion||$24,960||$22,963||$169||36||$2,309|
|2016 Chevrolet Trax||$23,540||$22,655||$199||39||$1,259|
|2016 Acura ILX||$30,840||$27,241||$229||36||$2,499|
|2016 Buick Enclave||$39,990||$37,899||$319||39||$1,819|
Cash Back Deals
|Vehicle||MSRP||KBB Fair Purchase Price*||Cash Back or Financing Deal|
|2016 Chrysler 200||$25,140||$23,594||$4,500 cash back|
|2015 Fiat 500 Abarth||$23,295||$21,408||$3,250 cash back|
|2015 Dodge Dart||$19,995||$18,527||$3,000 cash back|
|2015 Ford Focus||$19,285||$17,781||$3,000 cash back|
|2015 Hyundai Sonata||$21,975||$20,540||0% financing + $1,750 cash back|
**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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