Best New Car Incentives, Lease Deals for October 2021

Last Updated: Oct 14, 2021

October 2021 Car DealsThose looking to buy or lease a new car right now are in a frustrating position when it comes to getting a good deal. Semiconductor shortages have caused most automakers to limit production (particularly GM, Ford, Toyota, Honda, and Volkswagen). When supply is limited, it tends to result in worse deals for car shoppers.

However, it doesn't mean good deals aren't available this October - it always depends on the model, which is why you should really consider more than one vehicle when shopping for a deal. By getting bids from multiple dealers, you increase your chance of finding a "desperate" dealer that just needs to sell a few more units to hit their goals (and willing to sell you a car below cost to do so).

Many manufacturers are currently offering 0% financing - some up to 72 months PLUS cash back in October. Many have also introduced loyalty bonuses, so if you do have a lease return coming up, this could put an extra $1,000 to $2,000 in your pocket.

Used car prices are at record highs right now. This is great if you have a car you can sell or trade-in right now, but if you need to buy one at the same time, it kind of washes away the extra profit. The best case scenario would be to sell your used car now, and wait a few months to buy a new one.

My advice right now: If you don't need a new car anytime soon and have the luxury of waiting, then start compiling price bids now but push your purchase out a few months. We may see increases in manufacturer incentives once we start getting back into a more normal pace of production and as new car inventory starts building back up.

(Note: incentives can vary greatly by region; these figures may not be accurate in your local area. Always verify with your local dealers)

Best Car Deals

TrueCar is the best overall service to quickly get pre-negotiated price quotes and lease offers from local Car dealers.

Car Incentives By Make for October 2021

MakeRebates, Incentives and Lease Deals for October 2021
Best Acura Deals October 2021 0% APR up to 36 months available.
Best Alfa Romeo Deals October 2021
Best Audi Deals October 2021 Average cash back rebates of $5,100. 0% APR up to 72 months available.
Best BMW Deals October 2021 0% APR up to 60 months available.
Best Buick Deals October 2021 Average cash back rebates of $1,500. 0% APR up to 72 months available.
Best Cadillac Deals October 2021 Average cash back rebates of $1,000.
Best Chevrolet Deals October 2021 Excellent lease deals on Camaro. Average cash back rebates of $1,100. 0% APR up to 72 months available.
Best Chrysler Deals October 2021 Excellent lease deals on Pacifica. Average cash back rebates of $4,300. 0% APR up to 72 months available.
Best Dodge Deals October 2021 Average cash back rebates of $3,800. 0% APR up to 72 months available.
Best Fiat Deals October 2021 Average cash back rebates of $4,000. 0% APR up to 72 months available.
Best Ford Deals October 2021 Average cash back rebates of $1,800. 0% APR up to 60 months available.
Best Genesis Deals October 2021 0% APR up to 72 months available.
Best GM Deals October 2021 Excellent lease deals on Camaro. Average cash back rebates of $1,300. 0% APR up to 72 months available.
Best GMC Deals October 2021 Average cash back rebates of $3,000. 0% APR up to 72 months available.
Best Honda Deals October 2021 Excellent lease deals on Passport. Average cash back rebates of $1,100. 0% APR up to 48 months available.
Best Hyundai Deals October 2021 Excellent lease deals on Kona. Average cash back rebates of $700. 0% APR up to 72 months available.
Best Infiniti Deals October 2021
Best Jaguar Deals October 2021
Best Jeep Deals October 2021 Excellent lease deals on Gladiator. Average cash back rebates of $3,600. 0% APR up to 84 months available.
Best Kia Deals October 2021 Average cash back rebates of $900. 0% APR up to 66 months available.
Best Land Rover Deals October 2021
Best Lexus Deals October 2021 Average cash back rebates of $500.
Best Lincoln Deals October 2021 Average cash back rebates of $1,000. 0% APR up to 36 months available.
Best Maserati Deals October 2021 Average cash back rebates of $3,200.
Best Mazda Deals October 2021
Best Mercedes Deals October 2021
Best Mini Deals October 2021 Average cash back rebates of $700.
Best Mitsubishi Deals October 2021 Average cash back rebates of $1,500.
Best Nissan Deals October 2021 Average cash back rebates of $800. 0% APR up to 72 months available.
Best Porsche Deals October 2021
Best Ram Deals October 2021 Excellent lease deals on 1500 Classic. Average cash back rebates of $6,900. 0% APR up to 48 months available.
Best Subaru Deals October 2021
Best Tesla Deals October 2021
Best Toyota Deals October 2021 Excellent lease deals on Tacoma. Average cash back rebates of $1,300. 0% APR up to 72 months available.
Best Volkswagen Deals October 2021 0% APR up to 72 months available.
Best Volvo Deals October 2021 Average cash back rebates of $800.

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