The Biggest Cash Back Deals
With gas prices still low, the biggest cash-back deals this month are on hybrids, plug-in hybrids, and full electric vehicles, according to Forbes. These vehicles are hard to sell (with the exception of Tesla), so manufacturers are offering up to $11,000 in incentives!
For gas-powered vehicles, the biggest cash back deals are on slow-moving sedans like the Ford Taurus, Kia Cadenza, Hyundai Azera, and Volvo S80 sedans.
The biggest cash-back deals are actually on leases. See below for full summary.
If you're shopping for a new car, I recommend you use TrueCar and Edmunds Price Promise to quickly see what deals are being offered in your local area.
| Vehicle | Cash Back |
|---|---|
| Audi A8/S8 | $5,000 cash back plus $2,000 owner loyalty or conquest bonus |
| BMW i3 | $7,500 lease cash or $1,000 purchase cash, plus $1,000 owner loyalty bonus |
| Cadillac ELR | $5,000 lease cash or $750 owner loyalty bonus |
| Ford C-Max Energi | $9,757 lease cash or $2,000 cash back |
| Ford Focus Electric | $7,750 lease cash or $3,450 cash back |
| Ford Fusion Electric | $9.007 lease cash or $500 cash back |
| Ford Taurus | $4,000 lease cash |
| Hyundai Azera | $6,000 lease cash or $1,000 cash back |
| Hyundai Equus | $9,000 lease cash or $3,000 cash back |
| Hyundai Sonata Plug-in Hybrid | $6,919 lease cash or $2,500 cash back |
| Kia Cadenza | $4,000 lease cash |
| Kia Optima Hybrid | $5,000 lease cash or $1,000 cash back |
| Kia Soul EV | $11,000 lease cash (California Only) |
| Lincoln MKZ Hybrid | $5,750 lease cash |
| Nissan Leaf | $9,800 lease cash or $4,000 cash back |
| Smart ForTwo Electric | $5,125 lease cash or $1,000 owner loyalty |
| Porsche 911 | $4,500 conquest cash back |
| Porsche Cayenne E-Hybrid | $4,500 conquest cash back |
| Volvo S80 | $4,000 cash back |
| Volvo XC90 Hybrid | $4,4585 lease cash |
My Recommendation for Car Shoppers
TrueCar and Edmunds 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
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
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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