10 Best New Car Deals for August
With car sales slowing, inventory building up, and incentives increasing - there are some great deals to be had.
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 $159 per month with $1,999 down on vehicles such as the 2017 Toyota Corolla. And you can get as much as $4,500 cash back when purchasing vehicles such as the 2017 Ford Fusion. KBB's top 10 deals for August 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
| Rank | Year | Make | Model | MSRP | Fair Price | Lease Term (months) | Monthly Payment | Amount Due at Signing |
|---|---|---|---|---|---|---|---|---|
| 1 | 2017 | Toyota | RAV4 | $25,370 | $23,818 | 36 | $199 | $1,999 |
| 2 | 2017 | Honda | Accord | $24,130 | $21,365 | 36 | $189 | $1,999 |
| 3 | 2017 | Toyota | Corolla | $21,330 | $19,323 | 36 | $159 | $1,999 |
| 5 | 2017 | Honda | HR-V | $23,255 | $22,209 | 36 | $179 | $2,299 |
| 7 | 2017 | Toyota | Camry | $23,955 | $21,548 | 36 | $189 | $1,999 |
| 8 | 2017 | Kia | Sportage | $24,095 | $22,791 | 36 | $199 | $2,199 |
| 9 | 2017 | Subaru | Outback | $26,520 | $24,487 | 36 | $229 | $1,729 |
Cash Back Deals, Finance Deals
| Rank | Year | Make | Model | MSRP | Fair Price | Cash Back or Financing Deal |
|---|---|---|---|---|---|---|
| 4 | 2017 | Kia | Soul | $18,595 | $17,550 | 0% financing plus $1,000 cash back |
| 6 | 2017 | Ford | Fusion | $24,125 | $22,185 | $4,500 cash back |
| 10 | 2017 | Hyundai | Sonata | $22,785 | $21,365 | $4,100 cash back |
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
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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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