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February's Best New Car Deals
February 25, 2016
February might be almost over, but there's still time to take advantage of deals currently available on new 2015 and 2016 model-year vehicles.
Kelley Blue Book (KBB) put together a list of deals going on now through February 29th. Lease deals include monthly payments as low as $149 on vehicles such as the 2016 Buick Enclave and 2016 Toyota Corolla. And you can get as much as $4,500 cash back or 0% financing when purchasing vehicles such as the 2016 Chrysler 200 or 2015 Hyundai Sonata. All of these February deals are below.
To maximize your deal, I recommend you use TrueCar No Haggle and CarsDirect to see what your local region is offering.
Lease Deals
| Rank | Year | Make | Model | MSRP2 | Kelley Blue Book® Fair Purchase Price3 | Lease Term (months) | Monthly Payment4 | Amount Due at Signing |
|---|---|---|---|---|---|---|---|---|
| 1 | 2016 | Nissan | Rogue | $26,990 | $25,206 | 36 months | $189/month | $1,899 down |
| 3 | 2016 | Acura | ILX | $30,840 | $26,738 | 36 months | $219/month | $2,499 down |
| 5 | 2016 | Hyundai | Genesis | $39,700 | $36,905 | 36 months | $299/month | $2,999 down |
| 7 | 2016 | Lexus | IS | $38,275 | $34,918 | 36 months | $329/month | $1,599 down |
| 9 | 2016 | Chevrolet | Trax | $23,540 | $22,396 | 39 months | $199/month | $1,619 down |
| 10 | 2016 | Toyota | Camry | $23,905 | $21,684 | 36 months | $189/month | $1,999 down |
Cash Back Deals
| Vehicle | MSRP | KBB Fair Purchase Price* | Cash Back or Financing Deal |
|---|---|---|---|
| 2016 Chrysler 200 | $25,140 | $23,594 | $4,500 cash back |
| 2015 Fiat 500 Abarth | $23,295 | $21,408 | $3,250 cash back |
| 2015 Dodge Dart | $19,995 | $18,527 | $3,000 cash back |
| 2015 Ford Focus | $19,285 | $17,781 | $3,000 cash back |
| 2015 Hyundai Sonata | $21,975 | $20,540 | 0% financing + $1,750 cash back |
**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
Signup for The Weekly Newsletter
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- 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 Author
Gregg 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.
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I welcome your car buying questions. Email Me and I'll be glad to answer them!
