10 Best New Car Deals for August

Cars and Drivers

Published: August 9, 2017 7:25 am

Last Updated: January 12, 2020 9:19 am

July was not a good month for new car sales in the United States. In fact, 2017 has been, so far, kind of a downer. The big question is how much sales will fall year over year. U.S. consumers purchased some 17.55 million cars and light trucks last year, and most estimates for this year are right around 16.9 million new vehicle purchases.

Complicating the outlook even more are swollen inventories of 2017 models as carmakers prepare to release new 2018 models. To bring inventories into line with purchases, manufacturers have two main levers: reducing production and raising incentives. That second one is the best news for consumers, and a look at Kelley Blue Book’s list of the 10 best new car deals shows why.

Jack Nerad, executive editorial director and executive market analyst at KBB, explains:

As dealers begin preparing their lots for incoming 2018 model-year vehicles, right now new-car shoppers can snag an excellent deal on a new 2017 model, with many offers extending through Labor Day. Each vehicle on this month’s list has won multiple KBB.com accolades this year, with the top spot on our list reserved for one of our 10 Best SUVs Under $25,000 for 2017 – the Toyota RAV4. Also featured is the Honda Accord, Kelley Blue Book’s Most Awarded Car for 2017.

KBB’s analysts have parsed the offers and created a list of the 10 best lease, financing and cash back deals available at least through the end of August. Some deals could last through the Labor Day holiday weekend, and all feature model year 2017 vehicles.

Here’s KBB’s list with the manufacturer’s suggested retail price and the highlights of the deals on offer this month.

2017 Toyota RAV4: MSRP of $25,370; 36-month lease with $1,999 due at signing and monthly payments of $199
2017 Honda Accord: $24,130; 36-month lease with $1,999 down due at signing and monthly payments of $189
2017 Toyota Corolla: $21,330; 36-month lease with $1,999 due at signing and monthly payments of $159
2017 Kia Soul: $18.595; $1,000 cash back and 0% financing
2017 Honda HR-V: $23,255; 36-month lease with $2,299 due at signing and monthly payments of $179
2017 Ford Fusion: $24,125; $4,500 cash back
2017 Toyota Camry: $23,955; 36-month lease with $1,999 due at signing and monthly payments of $189
2016 Kia Sportage: $24,095; 36-month lease with $2,199 due at signing and monthly payments of $199
2017 Subaru Outback: $26,520; 36-month lease with $1,729 due at signing and monthly payments of $229
2017 Hyundai Sonata: $22,785; $4,100 cash back

ALSO READ: 13 Cars That Compete With the Tesla Model 3

Additional details on the vehicles are available at the KBB website.

Take Charge of Your Retirement In Just A Few Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.

Here’s how it works:

Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!