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Top End of Year Car Incentives
December 31, 2015
Happy New Year! If you've been thinking of purchasing a new car for 2015, today and this weekend might be the best time to do so as dealerships are itching to move their current inventory.
(Most deals are available until January 4th)New Years Eve is considered by many to be the best day out of the entire year to buy a car as dealerships want to do everything they can to boost their December and year-round sales. Check out Forbe's list of the 15 best year-end new car incentives on vehicles such as the 2015 BMW 6 Series, 2015 Ford Taurus, 2015 Jeep Grand Cherokee, and 2016 Hyundai Sonata.
And US News & World Report's Best Cars Blog offers up end-of-year car incentives that expire January 4, 2016. Vehicles on this list include the 2016 BMW 3 Series, 2015 Buick Encore, 2015 Nissan Altima, and 2016 Chevrolet Traverse.
And as always, I recommend TrueCar No Haggle and CarsDirect for the best end-of-year deals in your local area.
Forbes Best End of Year Incentives
Vehicle | Financing Deal | Leasing Deal | ||||
---|---|---|---|---|---|---|
Financing | Term (Months) | Payment | Term (Months) | Due at Signing | Cash Back | |
2015 BMW 6 Series | 2.89% | 72 | Up to $6,500 | |||
2015 BMW 7 Series | 2.89% | 72 | Up to $6,500 | |||
2015 Ford Taurus | 0% | 72 | Up to $5,000 | |||
2015 Jeep Grand Cherokee SRT | $5,000 | |||||
2015 Ram 2500/3500 HD Pickups | 1.9%; 2.9% | 60 | $3,000; $2,500 | |||
2015/2016 Hyundai Sonata Hybrid | 0%; 0.9% | 72; 60 | $5,000; $2,500 | |||
2015 Mazda CX-9 | 0% | 63 | $4,000 | |||
2015/2016 Chrysler Town & Country | 0% | 75; 60 | $4,000; $3,000 | |||
2015 Dodge Charger | 0.9% | 60 | $2,500 | |||
2015 Smart ForTwo Pure Coupe | $99 | 36 | $999 | |||
2015 Honda Civic Sedan | $149 | 39 | $1,999 | |||
2015 Buick Encore | $175 | 24 | $175 | |||
2015 Toyota Prius | $209 | 24 | $2,960 | $2,500 | ||
2016 Acura ILX | $229 | 36 | $2,270 | |||
2016 BMW 3 Series | $329 | 36 | $4,004 |
US News - Best Car Deals
Financing Deal | Leasing Deal | ||||||
---|---|---|---|---|---|---|---|
Vehicle | Starting Price | Financing | Term (Months) | Payment | Term (Months) | Due at Signing | Cash Back |
2015 Kia Soul | $15,190 | 0% | 66 | $179 | 39 | $1,999 | $1,000 |
2016 Hyundai Elantra | $17,250 | 0% | 72 | $169 | 36 | $1,399 | $1,500 |
2015 Nissan Altima | $22,300 | 0% | 72 | $179 | 36 | $1,799 | $750 |
2015 Buick Encore | $24,065 | 0% | 60 | $149 | 24 | $2,019 | $500 |
2015 Ford F-150 | $26,030 | 0%; 0.9% | 60; 36 | $249 | 24 | $4,500 | $3,250 |
2016 Chevrolet Traverse | $31,205 | 0% | 60 | $269 | 39 | $4,029 | |
2016 BMW 3-Series | $33,150 | 0.9% | 36 | $329 | 36 | $4,004 | |
2015 Lexus RX 350 | $40,970 | 0.9% | 36 | $399 | 36 | $1,279 | |
2016 Cadillac CTS | $45,560 | 0% | 36 | $419 | 36 | $4,379 | $2,000 |
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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