IRVINE, Calif., Feb. 20, 2017 /PRNewswire/ -- There are several noteworthy new-car deals available in February, including leases and discounts on winter-weather-friendly SUVs and popular family cars, according to the experts from Kelley Blue Book www.kbb.com, the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. After examining the latest new-car data, KBB.com editors assembled their list of the 10 best lease, financing and cash-back deals for new vehicles available in February 2017 from a variety of automakers.
"As winter weather grips many parts of the country, new-car shoppers will find some great deals on popular all-wheel-drive and SUV models like the Subaru Outback and Jeep Cherokee," said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book's KBB.com. "Shoppers can take advantage of slow foot-traffic at dealerships during the cold, forbidding winter and can capitalize on the overflow of still-brand-new 2016 model-year vehicles on dealer lots to get an enviable deal this month, traditionally a tough one for car dealers."
Below are the KBB.com editors' picks for standout new-car lease, financing and cash back deals, all available at least through February 28, 2017:
KBB.com 10 Best New Car Deals of the Month – February 2017
Lease Deals1
Rank |
Year |
Make |
Model |
MSRP2 |
Kelley Blue Book® Fair Purchase Price3 |
Lease Term (months) |
Monthly Payment4 |
Amount Due at Signing |
1 |
2016 |
Hyundai |
Sonata |
$22,585 |
$21,002 |
36 months |
$179/month |
$1,449 down |
2 |
2017 |
Toyota |
Sienna |
$37,050 |
$34,197 |
36 months |
$269/month |
$1,999 down |
6 |
2017 |
Subaru |
Outback |
$26,520 |
$25,075 |
36 months |
$229/month |
$1,729 down |
7 |
2017 |
Toyota |
Corolla |
$21,310 |
$19,390 |
36 months |
$169/month |
$1,999 down |
9 |
2016 |
Kia |
Cadenza |
$33,840 |
$30,797 |
39 months |
$299/month |
$1,499 down |
Cash Back, Financing Deals
Rank |
Year |
Make |
Model |
MSRP2 |
Kelley Blue Book® Fair Purchase Price3 |
Cash Back or Financing Deal5 |
3 |
2016 |
Hyundai |
Veloster |
$18,835 |
$17,711 |
$4,000 cash back |
4 |
2016 |
Chrysler |
300 |
$36,465 |
$34,033 |
0% financing plus $3,000 cash back |
5 |
2017 |
Jeep |
Cherokee |
$26,540 |
$25,048 |
$4,500 cash back |
8 |
2017 |
Nissan |
Altima |
$23,765 |
$21,780 |
0% financing plus $1,000 cash back |
10 |
2016 |
Chevrolet |
Spark |
$14,635 |
$13,697 |
0% financing plus $1,000 cash back |
1Certain restrictions and requirements may apply.
2 MSRP is Manufacturer's Suggested Retail Price.
3The Kelley Blue Book® 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 January 19, 2017. 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.
To see KBB.com's full coverage of the Best Car Deals of the Month, including editorial comments about each model, specific deal expiration dates, vehicle photography, pricing details and full editorial reviews, please visit https://www.kbb.com/car-reviews-and-news/top-10/best-car-deals/2000008547/.
To discuss this topic, or any other automotive-related information, with a Kelley Blue Book analyst on-camera via the company's on-site studio, please contact a member of the Public Relations team to schedule an interview.
For more information and news from Kelley Blue Book's KBB.com, visit www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or @kelleybluebook), like our page on Facebook at www.facebook.com/kbb, and get updates on Google+ at https://plus.google.com/+kbb.
About Kelley Blue Book (www.kbb.com/)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. Each week the company provides the most market-reflective values in the industry on its top-rated website KBB.com, including its famous Blue Book® Trade-In Values and Fair Purchase Price, which reports what others are paying for new and used cars this week. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies. Kelley Blue Book's KBB.com ranked highest in its category for brand equity by the 2016 Harris Poll EquiTrend® study and has been named Online Auto Shopping Brand of the Year for five consecutive years. Kelley Blue Book Co., Inc. is a Cox Automotive brand.
About Cox Automotive
Cox Automotive Inc. is transforming the way the world buys, sells and owns cars with industry-leading digital marketing, software, financial, wholesale and e-commerce solutions for consumers, dealers, manufacturers and the overall automotive ecosystem worldwide. Committed to open choice and dedicated to strong partnerships, the Cox Automotive family includes Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, vAuto®, Xtime® and a host of other brands. The global company has 33,000 team members in more than 200 locations and is partner to more than 40,000 auto dealers, as well as most major automobile manufacturers, while engaging U.S. consumer car buyers with the most recognized media brands in the industry. Cox Automotive is a subsidiary of Cox Enterprises Inc., an Atlanta-based company with revenues of $18 billion and approximately 60,000 employees. Cox Enterprises' other major operating subsidiaries include Cox Communications and Cox Media Group. For more information about Cox Automotive, visit www.coxautoinc.com.
SOURCE Kelley Blue Book
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