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10 Best New Car Deals for February

February 23, 2017

With car sales slowing down, and dealers trying to get rid of remaining 2016 models, there are several great deals to be had this month.

Kelley Blue Book (KBB) put together a list of what they consider the best lease and cash-back deals this month on popular vehicles. Lease deals include monthly payments as low as $179 with $1,449 down on vehicles such as the 2016 Hyundai Sonata. And you can get as much as $4,500 cash when purchasing vehicles such as the 2017 Jeep Cherokee. The top 10 deals for February 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.

Lease Deals

RankYearMakeModelMSRP2Kelley Blue Book® Fair Purchase Price3Lease Term (months)Monthly Payment4Amount Due at Signing
12016HyundaiSonata$22,585 $21,002 36 months$179/month$1,449 down
22017ToyotaSienna$37,050 $34,197 36 months$269/month$1,999 down
62017SubaruOutback$26,520 $25,075 36 months$229/month$1,729 down
72017ToyotaCorolla$21,310 $19,390 36 months$169/month$1,999 down
92016KiaCadenza$33,840 $30,797 39 months$299/month$1,499 down

Cash Back Deals, Finance Deals

RankYearMakeModelMSRPKBB Fair PriceCash Back or Financing Deal5
32016HyundaiVeloster$18,835 $17,711 $4,000 cash back
42016Chrysler300$36,465 $34,033 0% financing plus $3,000 cash back
52017JeepCherokee$26,540 $25,048 $4,500 cash back
82017NissanAltima$23,765 $21,780 0% financing plus $1,000 cash back
102016ChevroletSpark$14,635 $13,697 0% financing plus $1,000 cash back
*Tax, title, license extra.

My Recommendation for Car Shoppers

TrueCar No-Haggle, Edmunds Price Promise, 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.

California Residents - Important:

There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

- 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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