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Best Financing Deals for May
May 15, 2014
The temperature is heating up outside, and the finance deals are heating up inside -- in dealerships, that is!
US News & World Report Best Cars blog has the details on some great finance deals going on right now, with most continuing into early June and even beyond. Finance deals from manufacturers include 0% financing plus cash back on some models. Vehicles with the best deals right now include the 2014 Volkswagen Passat, 2014 Chevrolet Malibu, 2014 Dodge Durango, and 2014 Mercedes-Benz E-Class.
As always, I recommend you use TrueCar No Haggle and CarsDirect to get the best possible prices for any of these vehicles, thus reducing your finance costs further.
Manufacturer Deals
Carmaker | Cash Back | Financing | Expires |
---|---|---|---|
Buick | On many models | 0% to 3.9% on many models | 06/02/14 |
Cadillac | On many models | 0% to 3.9% on many models | 06/02/14 |
Chevrolet | On many models | 0% to 3.9% on many models | 06/02/14 |
Ford | On many models | 0% on many models in most regions | 07/07/14 |
GMC | On many models | 0% to 3.9% on many models | 06/02/14 |
Hyundai | Bonus cash on many models | 0% to 2.9% on most models | 06/02/14 |
Kia | On many models | 0% to 1.9% on most models | 06/02/14 |
Mazda | 0% to 1.9% on most models | 06/02/14 | |
Nissan | On some models | 0%, 0.9% or 1.9% on many models | 06/02/14 |
Subaru | 0% to 2.9% on most models | 06/02/14 | |
Toyota | On some models | 0% on some models | 06/02/14 |
Volkswagen | 0% to 0.9% on most models | 06/30/14 |
Vehicle Deals
Vehicle | Avg. Paid | MSRP | Invoice | Financing | Term | Cash Back | Expires |
---|---|---|---|---|---|---|---|
2014 Kia Soul | $15,545 - $21,190 | $14,900 - $20,500 | $14,595 - $19,521 | 0.9%; 2.9% | 60; 72 | 06/02/14 | |
2014 Hyundai Elantra | $17,592 - $22,030 | $17,200 - $21,650 | $16,687 - $20,719 | 0%; 0.9% | 60; 72 | $1,000 | 06/02/14 |
2014 Mazda CX-5 | $21,770 - $29,296 | $21,395 - $29,070 | $20,784 - $28,233 | 0.9% | 60 | 06/02/14 | |
2014 Chevrolet Malibu | $22,691 - $29,448 | $22,340 - $29,950 | $21,558 - $28,303 | 2.9% | 60 | $2,500 | 06/02/14 |
2014 Subaru Outback | $22,836 - $30,674 | $23,495 - $32,095 | $22,123 - $30,034 | 0% | 06/02/14 | ||
2014 Nissan Murano | $28,496 - $40,535 | $28,440 - $41,995 | $26,501 - $39,108 | 0% | 60 | $2,000 | 06/02/14 |
2014 Acura TSX | $29,156 - $32,024 | $30,635 - $39,275 | $28,835 - $36,831 | 0.9% | 60 | 07/07/14 | |
2014 Dodge Durango | $30,510 - $42,695 | $29,995 - $43,395 | $29,511 - $41,304 | 0% | 36 | $500; $1,500 | 06/02/14 |
2014 GMC Acadia | $34,098 - $47,771 | $34,485 - $48,825 | $32,761 - $46,384 | 0% | 60 | $1,500 | 06/02/14 |
2014 BMW X3 | $37,604 - $42,312 | $39,800 - $44,900 | $36,615 - $41,310 | 3.19% | 72 | 06/02/14 | |
2014 Buick Enclave | $38,597 - $47,514 | $38,890 - $48,465 | $36,946-$46,042 | 0% | 60 | $1,500 | 06/02/14 |
2014 Mercedes-Benz E-Class | $48,293 - $100,335 | N/A | N/A | 2.99% | 72 | 06/02/14 | |
2014 Cadillac ELR | $73,932 - $73,932 | $75,000 - $75,000 | $71,625 - $71,625 | 0.9% | 36 | 06/02/14 | |
2014 Volkswagen Passat | N/A | $20,845-$34,265 | $19,990-$32,860 | 0% | 60 | $750 | 06/02/14 |
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
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