The Biggest Cash Back Deals
With gas prices still low, the biggest cash-back deals this month are on hybrids, plug-in hybrids, and full electric vehicles, according to Forbes. These vehicles are hard to sell (with the exception of Tesla), so manufacturers are offering up to $11,000 in incentives!
For gas-powered vehicles, the biggest cash back deals are on slow-moving sedans like the Ford Taurus, Kia Cadenza, Hyundai Azera, and Volvo S80 sedans.
The biggest cash-back deals are actually on leases. See below for full summary.
If you're shopping for a new car, I recommend you use TrueCar No Haggle, CarsDirect and RydeShopper to quickly see what deals are being offered in your local area.
Vehicle | Cash Back |
---|---|
Audi A8/S8 | $5,000 cash back plus $2,000 owner loyalty or conquest bonus |
BMW i3 | $7,500 lease cash or $1,000 purchase cash, plus $1,000 owner loyalty bonus |
Cadillac ELR | $5,000 lease cash or $750 owner loyalty bonus |
Ford C-Max Energi | $9,757 lease cash or $2,000 cash back |
Ford Focus Electric | $7,750 lease cash or $3,450 cash back |
Ford Fusion Electric | $9.007 lease cash or $500 cash back |
Ford Taurus | $4,000 lease cash |
Hyundai Azera | $6,000 lease cash or $1,000 cash back |
Hyundai Equus | $9,000 lease cash or $3,000 cash back |
Hyundai Sonata Plug-in Hybrid | $6,919 lease cash or $2,500 cash back |
Kia Cadenza | $4,000 lease cash |
Kia Optima Hybrid | $5,000 lease cash or $1,000 cash back |
Kia Soul EV | $11,000 lease cash (California Only) |
Lincoln MKZ Hybrid | $5,750 lease cash |
Nissan Leaf | $9,800 lease cash or $4,000 cash back |
Smart ForTwo Electric | $5,125 lease cash or $1,000 owner loyalty |
Porsche 911 | $4,500 conquest cash back |
Porsche Cayenne E-Hybrid | $4,500 conquest cash back |
Volvo S80 | $4,000 cash back |
Volvo XC90 Hybrid | $4,4585 lease cash |
My Recommendation for Car Shoppers
TrueCar No-Haggle, CarsDirect, and Ryde Shopper are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan

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

Latest Weekly Car Buying Tips
April 2021
- Top 100 Cheapest Lease Deals Apr 15, 2021
- Biggest Discounts on New Cars Apr 15, 2021
- Real Prices of Compact Cars Apr 15, 2021
- Largest Hidden Dealer Rebates Apr 15, 2021
- Best Bang for Your Buck Lease Deals Apr 08, 2021
- Best Electric, Hybrid Lease Deals Apr 08, 2021
- Best 0% Finance Deals March 2021 Apr 08, 2021
- Real Prices of New Compact SUVs Apr 08, 2021
- Top 100 Cheapest New Cars Apr 01, 2021
- Real Prices of Large SUVs Apr 01, 2021
- New Cars You Should Wait to Buy Apr 01, 2021
- Luxury Lease Deals Under $500/mo Apr 01, 2021
March 2021
- Best Car Deals by Category Mar 25, 2021
- Worst Cars to Lease Right Now Mar 25, 2021
- Which Cars Better to Lease or Buy Mar 25, 2021
- Real Prices of Midsize Cars Mar 25, 2021
- Best Car Deals Around the Country Mar 18, 2021
- Cars With the Largest Rebates Mar 18, 2021
- Price Comparison of Subcompact SUVs Mar 18, 2021
- Real Prices of Midsize SUVs Mar 11, 2021
- Real Prices of Pickup Trucks Mar 04, 2021
- Biggest Discounts on Leftover Models Mar 04, 2021
December 2020
- Best End of Year Car Deals Dec 31, 2020
- Real Prices of Midsize Luxury Cars Dec 24, 2020
- Real Prices of Small Luxury SUVs Dec 17, 2020