With severe winter snow storms in parts of the country, all-wheel-drive vehicles offers better traction and peace of mind. If you are in the market for all-wheel drive vehicle, January is a good month to buy because there are notable savings off MSRP on multiple model AWD vehicles, according to TrueCar.
TrueCar reports that consumers in the market for cars, crossover utility vehicles and pickup trucks with either all-wheel or four-wheel drive system can find large discounts this month.
Jeep’s four-wheel drive Cherokee is selling at as much as 14 percent off MSRP this month. The Mazda CX-5 with all-wheel drive is available with zero percent financing for up to 36 months. Subaru is offering a special lease promotion of $199 for 36 months on its Legacy model, standard with all-wheel drive. Truecar users can save thousands off MSRP on a new car.
Historically, January yields the lowest level of savings off MSRP compared to the rest of the year. On average, consumers can expect to save 6.8 percent off MSRP this month versus December, which produces the largest discount off MSRP with 7.7 percent savings.
Published monthly, the “TrueSavings” report analyzes recent transaction prices and identifies opportunities for consumer savings.
New Car Prices at TrueCar.com Vest savings (compared to MSRP) on new vehicles in January 2016:
|Year/Make/Model/Trim||Segment||MSRP||Market Average||$ Savings /% Savings||Est. Monthly Payment*||City / Hwy / Comb MPG|
|2016 Jeep Cherokee, 4WD Latitude||Midsize SUV||$28,290||$24,482||$3,808/ 13.5%||$293||21/28/24.3|
|2016 Chrysler 200, C AWD||Midsize Car||$32,780||$28,356||$4,424/ 13.5%||$340||18/29/22.7|
|2016 Ram 1500, Big Horn, Crew Cab, 4×4, Std. Bed||Large Truck||$46,670||$41,222||$5,448/ 11.7%||$494||19/27/22.7|
|2016 Chevrolet Silverado 1500, Crew Cab, Short Box 2WD LT w/1Lt||Large Truck||$40,580||$36,098||$4,482/ 11.0%||$432||18/24/20.9|
|2016 Ford Fusion, SE AWD||Midsize Car||$29,345||$26,392||$2,953/ 10.1%||$316||22/31/26.2|
Average Customer Cash for TrueCar users:
2016 BMW X5: on average $1,436 in customer cash
2016 Chevrolet Traverse: on average $1,795 in customer cash
2016 Chrysler Town & Country: on average $3,097 in customer cash
2016 Dodge Journey: on average $2,560 in customer cash
2016 Hyundai Elantra: on average $1,995 in customer cash
A snapshot of some of the best manufacturer lease and finance deals now available in certain regions:
TrueCar Finance offers:
2016 Fiat 500X: 0.9% financing for up to 36 months, Exp: 2/1/16
2016 Ford Explorer: 0.9% financing for up to 36 months, Exp: 4/4/16
2016 Kia Sorento: 0.9% financing for up to 36 months, Exp: 2/29/16
2016 Lincoln MKZ: 0.0% financing for up to 60 months, Exp: 4/4/16
2016 Mazda CX-5: 0.0% financing for up to 36 months, Exp: 4/4/16
Lease offers from TrueCar:
2016 Honda Civic Sedan CVT LX: $149/month for 39 months, $1,999 down, 12,000 miles/year, no security deposit required, Exp: 2/1/16
2016 Infiniti QX50: $329/month for 39 months, $2,999 down, 10,000 miles/year, no security deposit is required, Exp: 3/31/16
2016 Lexus IS 200T: $349/month for 36 months, $1,999 down, 10,000 miles/year, no security deposit is required, Exp: 2/1/16
2016 Nissan Maxima: $259/month for 36 months, $2,999 down, 12,000 miles/year, no security deposit is required, Exp: 2/1/16
2016 Subaru Legacy: $199/month for 36 months with $1,869 down, 12,000 miles/year, no security deposit is required, Exp: 2/1/16
(The deal information summarized above is provided for illustrative purposes only, and is not an offer to lend. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer. Deals are subject to change and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region.)