While
Black Friday weekend may get all the attention for being a bargain
shopper’s Shangri-La, the days ahead are widely held to be the best in
the year to buy a new car. Manufacturer’s year-end promotions are in
full swing, and car dealers are eager to cut deals and clear their
stocks, especially on slow-selling models and last year’s leftover
inventory, to end 2015 on a high note and help meet annual sales goals.
The
luxury brands in particular are making deals in earnest this time of
year, with major ad campaigns that, for better or worse, involve the
gracious giving of big, expensive cars with gargantuan gift bows affixed
to them. According to Experian Automotive, more than 10 percent of all
luxury vehicle registrations between 2010 and 2014 occurred in December,
and this year should be no exception.
The
week between Christmas and New Year’s Day is traditionally the period
in which astute vehicle shoppers can strike some of the sweetest new-car
deals possible. Specifically, analysts agree that those who go out car
shopping on New Year’s Eve will likely obtain the best deals of the
month, with the next-best days in that regard being December 27-30, and
especially Christmas Eve, when few patrons tend to come walking through a
dealership’s front door.
Unfortunately,
given this year’s robust sales, year-end bargain hunters might not find
a particularly diverse inventory from which to choose. As dictated by
the law of supply and demand, unpopular and overstocked models –
particularly remaining 2015 inventory models that are being redesigned
for 2016 – should tend to be offered with the deepest discounts.
Here are highlighting a few of the best cash-back, leasing and financing deals.
1. 2015 BMW 6 Series
Deal: Up to $6,500 cash back and 2.89% financing to 72 months.
2. 2015 BMW 7 Series
Deal: Up to $6,500 cash back and 2.89% financing to 72 months.
3. 2015 Ford Taurus
Deal Up to $5,000 cash back or 0.0% financing to 72 months.
4. 2015 Jeep Grand Cherokee SRT
Deal: $5,000 cash back.
5. 2015 RAM 2500/3500 HD Pickups
Deal: $3,000 cash back or 1.9% financing to 60 months; 2016 models $2,500 cash back or 2.9% financing to 60 months.
6. 2016 Hyundai Sonata Hybrid
Deal:
Up to $2,500 cash back or 0.9 percent financing to 60 months or lease
for $249/month for 36 months with $2,950 due at signing; 2015 models up
to $5,000 cash back and 0.0% financing to 72 months or lease for
$239/month for 36 months with $1,960 due at signing.
7. 2015 Mazda CX-9
Deal: $4,000 cash back or 0.0% financing to 63 months.
8. 2016 Chrysler Town & Country
Deal:
Up to $3,000 cash back or up to $1,500 and 0.0% financing to 60 months;
2015 models up to $4,000 cash back or $2,500 cash back and 0.0%
financing to 75 months.
9. 2015 Dodge Charger
Deal:
$2,500 leasing bonus cash or up to $1,500 cash back or 0.9 financing to
60 months; 2015 models up to $2,500 cash back or $1,000 and 0.0%
financing to 75 months.
10. 2015 Smart ForTwo Pure Coupe
Deal: Lease for $99/month for 36 months with $999 due at signing; 2016 models lease for $139/month for 36 months with $1,599 due at signing.11. 2015 Honda Civic Sedan
Deal: Lease for $149/month for 39 months with $1,999 due at signing.
12. 2015 Buick Encore
Deal: Lease for $175/months for 24 months with $175 due at signing.
13. 2015 Toyota Prius
Deal: $2,500 cash back or lease for $209/month for 24 months with $2,960 due at signing.
14. 2016 Acura ILX
Deal: Lease for $229/month for 36 months with $2,270 due at signing.
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