10 Best New Car Deals for March
Analysts at Kelley Blue Book have pored over the data on new car deals for March and come up with a list of the 10 best deals whether you are looking to buy or lease a new car.
[cnxvideo id=”655223″ placement=”ros”]Automakers have an inventory problem. They have a total of 4.1 million new cars they’d really like to sell, and if you’re looking for passenger car, now could be a good time to go shopping.
Passenger-car inventory totaled 79 days of supply, 12 days above the long-term average and the second-highest total in 25 years. Light-truck (pickups, sport utility vehicles and crossovers) inventory began the month of March with 71 days of supply, three days below the long-term average.
Analysts at Kelley Blue Book (KBB) have parsed the data and created a list of the 10 best lease, financing and cash back deals available for March. Jack Nerad, executive editorial director and executive market analyst at KBB, said:
We’re three months into 2017, and yet many dealers still have brand-new 2016 model-year vehicles sitting on their lots they can’t wait to sell, and that presents a great opportunity for shoppers to get a good deal. If you’re going to keep the car for the long haul the fact that it is a 2016 doesn’t make much difference, but factor the model year in if you plan to flip the car in two or three years. It will be worth less than a comparable 2017. The good news is this month’s list of the best deals truly offers something for everyone.
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Here’s KBB’s list with the manufacturer’s suggested retail price (MSRP) and the highlights of the deals on offer this month.
- 2017 Infiniti QX30: MSRP of $33,595; 39-month lease with $1,999 down payment and monthly payments of $259
- 2016 Hyundai Veloster: $18,835; $4,000 cash back on purchase price
- 2017 Toyota Sienna: $37,070; 36-month lease with $1,999 down payment and monthly payments of $289
- 2017 Jeep Cherokee: $26,540; $4,500 cash back on purchase price
- 2017 Lexus CT 200h: $32,245; 36-month lease with $1,499 down payment and monthly payments of $249
- 2016 Ford Focus: $19,930; $3,000 cash back on purchase price
- 2016 Kia Optima: $22,990; 36-month lease with $1,999 down payment and monthly payments of $159
- 2017 Volkswagen Passat: $23,260; 0% financing plus $1,000 cash back on purchase price
- 2017 Buick Envision: $43,245; 36-month lease with $3,699 down payment and monthly payments of $299
- 2017 Nissan Sentra: $19,655; 36-month lease with $1,999 down payment and monthly payments of $149
Additional details on the vehicles are available at the KBB website.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
