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February's Best New Car Deals

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

RankYearMakeModelMSRP2Kelley Blue Book® Fair Purchase Price3Lease Term (months)Monthly Payment4Amount Due at Signing
12016NissanRogue$26,990$25,20636 months$189/month$1,899 down
32016AcuraILX$30,840$26,73836 months$219/month$2,499 down
52016HyundaiGenesis$39,700$36,90536 months$299/month$2,999 down
72016LexusIS$38,275$34,91836 months$329/month$1,599 down
92016ChevroletTrax$23,540$22,39639 months$199/month$1,619 down
102016ToyotaCamry$23,905$21,68436 months$189/month$1,999 down

Cash Back Deals

VehicleMSRPKBB 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$20,5400% financing + $1,750 cash back
*Tax, title, license extra.
**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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About The Author

Gregg Fidan 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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