TrueCar Inc., the most efficient and transparent online destination to find a car, today announced its list of the best end-of-month deals on new and used vehicle purchases and trade-in values for September 2020.
“Inventory availability on popular models continues to be a challenge this month and likely through the end of the year due to production pauses a few months ago, so consumers looking for the best deals will likely need to be flexible in their trim and model choices,” said Nick Woolard, Director of OEM Analytics.
“Now is also a good time to find a deal on the outgoing 2020 model year vehicles,” added Woolard. “Automakers typically begin introducing their new model year in the spring and summer and start discounting the outgoing model. This year there have been delays introducing the new models which means many of the 2021 model year vehicles are just starting to hit the market.”
Best Cash, Lease and Finance Deals on New Cars
Navigating the new car incentive landscape is complex for any car buyer. We look at deals across popular models, and at each incentive type (cash, lease, finance) and surface the best offer when compared with the prior month. This month we’re seeing average savings of close to 8% off MSRP across all new models.
Cash
- Chevrolet Bolt (Electric)
Avg. incentive amount: $19,018
Cash incentive: the average cash offer on this vehicle is $11,088, up 25% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents a 46% average savings off MSRP. - Ford Expedition (Fullsize utility)
Avg. incentive amount: $8,532
Cash incentive: the avg. cash offer on this vehicle is $7,158, up 44% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents a 13% average savings off MSRP. - Lexus ES350 (Premium Midsize)
Avg. incentive amount: $8,048
Cash incentive: the average cash offer on this vehicle is $4,500, up 27% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents a 17% average savings off MSRP. - GMC Acadia (Midsize Utility)
Avg. incentive amount: $4,949
Cash incentive: the average cash offer on this vehicle is $3,956, up 28% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents an 11% average savings off MSRP. - Buick Enclave (Midsize Utility)
Avg. incentive amount: $4,359
Cash incentive: the average cash offer on this vehicle is $4,146, up 47% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents a 9% average savings off MSRP.
Lease
- Ford Mustang (Sport)
Avg. incentive amount: $2,834
Lease incentive: the average lease offer on this vehicle is $5,505, up 6% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents a 6% average savings off MSRP. - Subaru Forester (Compact Utility)
Avg. incentive amount: $2,596
Lease incentive: the average lease offer on this vehicle is $2,335, up 2% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents a 9% average savings off MSRP. - BMW X5 (Premium Midsize)
Avg. incentive amount: $7,681
Lease incentive: the average lease offer on this vehicle is $9,191, up 4% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents an 11% average savings off MSRP. - Toyota Tacoma (Midsize Pickup)
Avg. incentive amount: $2,336
Lease incentive: the average lease offer on this vehicle is $4,994, up 7% from last month.
Why is this a good deal: The average incentive across cash, lease and finance represents a 7% average savings off MSRP. - Chevrolet Colorado (Midsize Pickup)
Avg. incentive amount: $2,952
Lease incentive: the average lease offer on this vehicle is $5,540, up 22% from last month
Why is this a good deal: The average incentive across cash, lease and finance represents an 8% average savings off MSRP.
Please click here to view the full press release.
SOURCE: TrueCar
