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KBB's Best Car Deals for October
October 22, 2015
Kelley Blue Book (KBB) recently released their 10 best new car deals for the month of October, including finance, cash back and lease deals.
KBB's top picks for cash back and financing deals include the 2015 Ford Fusion -- currently offering $4,000 cash back -- and the 2015 Volkswagen Passat, with $2,000 cash back and 0% financing for 60 months. Their top lease deals include the 2015 Kia Cadenza -- currently requiring nothing due at signing -- and the 2015 Buick Encore with a monthly payment as low as $159.
All of these deals listed below are good until November 2. For even more savings, I recommend TrueCar No Haggle and CarsDirect to see what your local dealers are offering.
Cash Back & Finance Deals
Vehicle | Financing Deal | Term | Cash Back*** | MSRP | KBB Fair Purchase Price* |
---|---|---|---|---|---|
2015 Ford Fusion | $4,000 | $24,760 | $22,712 | ||
2015 Volkswagen Passat | 0% | 60 | $2,000 | $24,815 | $21,869 |
2015 Toyota Prius C | 0% | 60 | $1,000 | $20,375 | $18,543 |
2015 Toyota Camry | 0% | 60 | $1,000 | $23,805 | $21,386 |
Lease Deals
Vehicle | Monthly Payment** | Term (Months) | Due at Signing | MSRP | KBB Fair Purchase Price* |
---|---|---|---|---|---|
2015 Toyota Corolla | $149 | 36 | $1,999 | $20,730 | $18,769 |
2015 Buick Encore | $159 | 24 | $1,839 | $24,990 | $23,698 |
2015 Chevrolet Trax | $199 | 39 | $1,089 | $23,320 | $22,329 |
2016 Acura ILX | $229 | 36 | $2,799 | $30,820 | $27,760 |
2015 Buick Enclave | $323 | 39 | $1,823 | $39,975 | $37,784 |
2015 Kia Cadenza | $359 | 36 | $0 | $35,725 | $32,978 |
**Monthly payment assumes 60 months at default APR 3.5%, unless otherwise noted.
***Purchase payments assume cash back applied as down payment.
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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