A KBB executive noted:
August is a great time to snag a deal on a new 2015 model-year car, as dealers are clearing their lots during this summer sell-down period making way for the new 2016 model-year inventory. Whether you’re looking for a compact car, an SUV or a sedan, this month’s list of noteworthy deals has a wide variety of choices.
On to the deals. KBB’s top deal for the month is a lease offer from General Motors Co. (NYSE: GM) for a 2015 Buick Enclave midsize luxury sport utility vehicle (SUV). The vehicle carries a manufacturer’s suggested retail price (MSRP) of $39,975, and Buick is offering a 39-month lease for a $1,817 down payment and monthly payments of $317. The offer expires on August 31.
Hyundai has the best cash-back deal of the month and the second-best deal overall. The Hyundai Elantra Value Edition compact has an MSRP of $20,525, and the Korean carmaker is offering a cash-back deal of $1,500 that expires on August 31.
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GM is also making the third-best offer of the month on a Chevrolet Spark electric vehicle. The car’s MSRP is $25,995 and, until August 31, GM is offering a 39-month lease at $138 a month and no down payment.
Toyota Motor Corp. (NYSE: TM) is offering a Venza midsize crossover SUV with a cash-back payment of $2,000 and zero percent financing for 60 months. This is the last model year for the Venza, which carries a MSRP of $29,965. The offer expires September 8.
Another Toyota brand is the fifth-best deal of the month. A midsize Lexus GS that normally carries an MSRP of $49,540 is available until August 31 with a 36-month lease for a down payment of $2,499 and monthly payments of $409.
The Kia Forte is available with a $1,500 cash-back deal and zero percent financing for 60 months. The MSRP on the Korean-built compact is $20,215. The offer expires on September 8.
Volkswagen’s Tiguan is a compact crossover SUV that the German company is offering on a 36-month lease for $2,499 down and $179 a month. The vehicle’s MSRP is $27,120, and the offer expires on September 7.
GM is also offering the Cadillac ATS compact on an exceptional leasing deal until August 31. The MSRP on the car is $34,210, and GM’s 36-month lease is available for a cash down payment of $2,659 and monthly payments of $269.
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Ford Motor Co. (NYSE: F) is offering a full-size Taurus sedan with a $5,000 cash-back deal until September 30. The MSRP on the car is $30,360.
The final deal for August is from Volkswagen. The company is offering its diesel-powered midsize Passat sedan in a deal offering $1,000 cash back and zero percent financing for 60 months on a car with an MSRP of $27,915. The deal expires September 7.
Credit Card Companies Are Doing Something Nuts
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We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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