Best New Car Deals in August

As automakers look to clear their lots of 2013 model year vehicles to make room for the 2014 models, they’ve added significant discounts to many vehicles. This month, there are many interest-free financing deals, cash back rebates and great lease deals on new vehicles, including both 2013 and 2014 models. Some lease deals don’t require a down payment, and there are low monthly lease payments available on a number of vehicles as well.
Purchase Deals
General Motors is offering low-interest financing deals on many of its vehicles, including Chevrolet, Buick and GMC vehicles. For buyers who prefer to bring their own financing, GM is also offering a number of cash-back deals. For example, affordable midsize SUVs like the 2013 Buick Enclave and GMC Acadia are available with either no-interest financing for five years or $1,500 cash back. Chevrolet is offering up to $5,000 cash back on the plug-in electric hybrid 2013 Volt.
Other automakers are offering great purchase deals as well. Mazda is offering the 2013 Mazda3 with no-interest financing for five years in addition to $500 or $1,000 cash back, depending on where you live, or just $1,500 cash back without financing. Volkswagen is offering five years of no-interest financing on all of its 2013 models. Subaru is also offering no-interest financing on some of its 2013 models, including the Tribeca, Forester and Outback.
Lease Deals
Nissan is offering a good lease deal on the 2013 Altima, which is available for $199 per month for three years with $1,999 due at signing in most regions. Or if you’d prefer something a bit smaller, you can lease the 2013 Sentra for $159 a month for three years months with $2,399 due at signing. If you’re looking for something with a lower down payment, you can lease the 2014 Kia Forte for $179 a month for three years with $1,999 due at signing. If you like the redesigned 2014 GMC Sierra 1500, you can lease one for $399 a month for three years with $2,509 due at signing.
There are a number of leases that don’t require a down payment at all. Keep in mind that the monthly payment on these models is typically higher than comparable models that do have a down payment. The 2013 Honda CR-V can be leased for $300 a month for three years months with no down payment, as well as no first-month’s payment, so you’re only paying for 35 months. Honda is offering a similar deal on the 2013 Accord, which can be leased for $280 a month for three years with no first month’s payment. Kia is offering the 2013 Soul with for $219 a month for three years with no down payment.

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The Best New Car Deals in July

The 2013 Honda Accord can be leased for $280 a month for three years with $0 down. (American Honda Motor Co.)

Even though the big Fourth of July car sales events are over, there are still plenty of great car deals that can help you save money this month. If you plan on financing your new car, we found many interest-free offers, low interest rates and thousands of dollars in cash back rebates. If you’d rather lease your new car, there are many options, including lease deals that don’t require a down payment and leases with low monthly payments when you make a down payment. New car sales were strong in June, and automakers are trying to keep the sales momentum going with these incentives.
Lease Deals
If you’d rather not make a down payment when you lease a new car, there are quite a few $0 down lease deals available this July. Keep in mind that these lease offers generally have higher monthly payments. No money down leases can be found at Honda, Acura and Mazda dealerships this month. The 2013 Honda Accord is available for $280 a month for three years, and the 2013 CR-V can be leased for $300 a month, also for three years. The three-row 2013 Mazda CX-9 is available this July for $319 a month for three years in many areas of the country, and the 2014 Mazda6 has a three-year lease for $269 a month in most areas. Acura, Honda’s luxury brand, is offering the new 2014 RLX for $600 a month for three years, and the 2013 MDX for $500 a month for three years.
Check out July lease offers from Nissan, Kia, Volkswagen, Jeep, Dodge, Chrysler, Toyota, Chevrolet, Ford, Hyundai, Mitsubishi, Scion and Subaru if you want a lease deal with low monthly payments. These brands have lease offers with payments ranging from about $100 to $300 a month when you put several thousand dollars down. For example, the 2013 Chevrolet Cruze can be leased for $149 a month for three years with $2,129 due at signing. The 2013 Volkswagen Passat is available for $199 a month for three years with a $2,349 down payment. The 2013 Hyundai Elantra can be leased for $159 a month for three years with $2,199 due at signing.
Purchase Deals
Take a look at the car deals from Toyota, Chevrolet, GMC, Buick and Mazda if you’re looking to finance your new vehicle with a low- or no-interest car loan, or are searching for cash rebates. The 2013 GMC Terrain can be purchased with zero percent financing for four years this July. The 2013 Chevrolet Volt has $4,000 in cash incentives right now, and the 2013 Impala is available with either zero percent financing for six years or $4,000 cash back. Truck shoppers can save money on the 2013 Toyota Tundra by taking advantage of zero percent financing combined with $500 to $1,000 financing cash, or $2,750 cash.

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