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January's Best New Car Offers
January 21, 2016It might be chilly outside, but car dealerships are toasty thanks to increasing incentives.
Kelley Blue Book (KBB) released their list of what they consider the 10 best new car deals going on this month. Lease vehicles such as the 2016 Ford Fusion Hybrid and 2016 Chevrolet Trax for less than $200 a month, or get up to $4,500 cash back when purchasing the 2016 Chrysler 200. All 10 January deals are below.
And for even more savings, I recommend you use TrueCar No Haggle and CarsDirect to compare prices in your local area.
|Vehicle||MSRP||KBB Fair Purchase Price||Term (Months)||Monthly Payment*||Due at Signing|
|2016 Ford Fusion Hybrid||$27,305||$25,039||36||$169||$2,719|
|2016 Chevrolet Trax||$23,540||$22,855||39||$199||$1,259|
|2016 Honda Accord||$23,740||$21,767||39||$199||$1,999|
|2015 Ford Flex||$32,995||$30,794||36||$219||$3,739|
|2016 Acura ILX||$30,840||$27,272||36||$229||$2,499|
|2016 Lexus CT 200h||$32,190||$30,490||36||$299||$999|
Cash Back Deals
|Vehicle||MSRP||KBB Fair Purchase Price||Cash Back Deal**|
|2016 Chrysler 200||$25,140||$23,611||$4,500|
|2015 Fiat Abarth||$23,295||$21,550||$3,250|
|2015 Fiat 500||$18,680||$17,161||$3,250|
|2016 Chevrolet Malibu||$25,895||$24,800||$1,500|
*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 MoneyThe 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 NetworkSelect 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 / CarsDirectTrueCar, 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 ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
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- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The AuthorGregg 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.
I welcome your car buying questions. Email Me and I'll be glad to answer them!