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Holiday, Year-End Car Shopping: 10 Best New-Car Deals For December


chevy malibu
2015 Chevrolet Malibu

IRVINE, CA -- Dec. 17, 2014: Just in time for the holidays and year-end bargains, the experts from Kelley Blue Book have assembled their list of the 10 best lease, financing and cash back deals available in December from a variety of auto manufacturers.

Kelley Blue Book Ranks Best Cash Back, Financing, Lease Deals Available Between Now and New Year; Experts Provide Tips for End-of-Year Car Shopping

"Year-end is one of the best times to buy a new car as automakers look to maximize sales numbers for the calendar year," said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book's KBB.com. "In the wake of Lexus' highly successful 'December to Remember' campaign that first launched years ago, many automakers have been offering holiday sales events, making now an opportune time for shoppers to get a deal on a car they may have been eyeing all year. Our 10 Best Deals this month include some 2015 models and some outgoing 2014s, from compact cars to luxury vehicles to three-row SUVs, all with money-saving offers so shoppers can ring in the new year with a brand-new car."

Below are the KBB.com editors' picks for standout new-car lease, financing and cash back deals, all available at least through January 2, 2015:

KBB.com 10 Best New Car Deals of the Month – December 2014

Rank

Year

Make

Model

MSRP2

Kelley Blue Book® Fair Purchase Price3

Lease Term (months)

Monthly Payment

Amount Due at Signing

2

2015

Chevrolet

Malibu

$24,560

$23,393

36

$189

$1,369

4

2014

Infiniti

Q50

$40,905

$37,031

39

$329

$2,799

5

2014

Toyota

Prius v

$27,575

$25,358

36

$249

$999

7

2015

Mazda

Mazda6

$23,715

$22,131

39

$189

$1,989

8

2014

Honda

Civic

$20,010

$17,763

36

$149

$1,999

9

2015

Buick

Regal

$32,675

$31,133

39

$259

$3,109

Financing Deals

Rank

Year

Make

Model

MSRP2

Kelley Blue Book® Fair Purchase Price3

Financing APR4

10

2014

Volkswagen

Passat

$27,495

$24,374

0% for 60 months

Cash Back Deals

Rank

Year

Make

Model

MSRP2

Kelley Blue Book® Fair Purchase Price3

Cash Back5

1

2014

Mazda

CX-9

$30,815

$27,749

$4,000 cash back

3

2014

Toyota

Avalon

$32,415

$28,716

$1,000 cash back + 0% financing for 60 months

6

2014

Chrysler

300

$31,990

$29,767

$4,250 cash back

1Certain restrictions and requirements may apply.

2 MSRP is Manufacturer's Suggested Retail Price.

3The Kelley Blue BookŪ Fair Purchase Price (FPP) is updated weekly to show shoppers what others have been paying for this car recently. FPP data in chart was sourced from KBB.com on December 15, 2014. Tax, title, license extra.

4Monthly payment assumes 60 months at default APR 3.5%, unless otherwise noted.

5Purchase payments assume cash back applied as down payment.

Tips for End-of-Year Car Shopping

Dealers trying to hit monthly and yearly sales targets could well be more inclined to discount vehicles at this time of year to attain those goals. Further, in many parts of the country, bad weather and holiday shopping combine to slow dealer foot traffic to a crawl, so dealers may be more inclined to discount to close a deal rather than risk making no sales at all. Kelley Blue Book experts recommend the following:

Research new and used vehicle Fair Purchase Prices on KBB.com to determine what other consumers have recently paid for the vehicle you seek.

Understand what your current car is worth; use KBB.com to determine the trade-in value of the car you currently own.

Look at your personal situation to determine if you are better off leasing or buying. When examining promotional deals, make certain the deal is available on a car equipped as you'd like.