SANTA MONICA, Calif.,
Oct. 21, 2021 /PRNewswire/ --
TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent
online destination to find a car, shares its list of best cash,
lease and finance deals on new cars for October 2021.
"While the broader industry is seeing the lowest inventory
levels in years, the underlying issue of the microchip shortage is
impacting the various automakers in different ways and at different
times," said Nick Woolard, Lead
Industry Analyst at TrueCar. "In terms of deals, that means that
while overall incentive spending has basically been cut in half,
there are still models that buck the trend to show strong savings
potential. As we enter Q4 many automakers are looking to recoup
lost production and sales volume and the potential for savings
remains," added Woolard.
TrueCar's list of best cash, lease and finance deals can help
consumers cut through the noise and identify some of the best
opportunities for savings in the market right now.
Best Cash, Lease and Finance Deals on New Cars
TrueCar takes a data-driven approach to deals, assessing deals
across popular models, and at each incentive type (cash, lease,
finance), and comparing these offers to the prior month and prior
six months to surface the best monthly offers.
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Cash
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1.
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Jeep Renegade
(Micro Utility)
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Avg. MSRP:
$29,377
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Avg. Paid:
$27,526
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Why this is a good
deal: The average cash offer on this vehicle is $2,835
representing savings of 10% off MSRP.
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2.
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Chevrolet Equinox
(Compact Utility)
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Avg. MSRP:
$31,926
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Avg. Paid:
$28,551
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Why this is a good
deal: The average cash offer on this vehicle is $2,845
representing savings of 9% off MSRP.
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3.
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Buick Enclave
(Midsize Utility)
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Avg. MSRP:
$51,268
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Avg. Paid:
$45,771
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Why this is a good
deal: The average cash offer on this vehicle is $4,112
representing savings of 8% off MSRP.
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4.
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Toyota Prius Prime
(Compact Car)
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Avg. MSRP:
$32,776
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Avg. Paid:
$30,717
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Why this is a good
deal: The average cash offer on this vehicle is $1,844
representing savings of 6% off MSRP.
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5.
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Dodge Durango
(Midsize Utility)
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Avg. MSRP:
$50,452
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Avg. Paid:
$47,211
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Why this is a good
deal: The average cash offer on this vehicle is $2,636
representing savings of 5% off MSRP.
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Lease
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1.
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Lincoln Corsair
(Luxury Utility)
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Avg. MSRP:
$46,910
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Avg. Paid:
$43,244
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Why this is a good
deal: The average lease offer on this vehicle is $11,376
representing savings of 24% off MSRP.
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2.
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Kia Forte (Compact
Car)
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Avg. MSRP:
$22,275
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Avg. Paid:
$20,183
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Why this is a good
deal: The average lease offer on this vehicle is $3,904
representing savings of 18% off MSRP.
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3.
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Nissan Altima
(Midsize Car)
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Avg. MSRP:
$30,038
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Avg. Paid:
$28,121
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Why this is a good
deal: The average lease offer on this vehicle is $5,217
representing savings of 17% off MSRP.
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4.
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Ford Explorer
(Midsize Utility)
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Avg. MSRP:
$47,650
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Avg. Paid:
$44,445
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Why this is a good
deal: The average lease offer on this vehicle is $6,345
representing savings of 13% off MSRP.
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5.
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Nissan Murano
(Midsize Utility)
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Avg. MSRP:
$43,200
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Avg. Paid:
$39,464
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Why this is a good
deal: The average lease offer on this vehicle is $5,735
representing savings of 13% off MSRP.
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Finance
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1.
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Dodge Charger
(Fullsize Car)
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Avg. MSRP:
$43,528
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Avg. Paid:
$40,777
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Why this is a good
deal: The average finance offer on this vehicle is $6,285
representing savings of 14% off MSRP.
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2.
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Dodge Challenger
(Sporty)
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Avg. MSRP:
$44,176
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Avg. Paid:
$41,264
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Why this is a good
deal: The average finance offer on this vehicle is $6,003
representing savings of 14% off MSRP.
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3.
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Ford F-150
(Fullsize Pickup)
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Avg. MSRP:
$57,299
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Avg. Paid:
$50,901
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Why this is a good
deal: The average finance offer on this vehicle is $7,342
representing savings of 13% off MSRP.
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4.
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Chevrolet Traverse
(Midsize Utility)
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Avg. MSRP:
$42,431
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Avg. Paid:
$39,619
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Why this is a good
deal: The average finance offer on this vehicle is $5,220
representing savings of 12% off MSRP.
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5.
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Jeep Grand
Cherokee (Midsize Utility)
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Avg. MSRP:
$50,113
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Avg. Paid:
$47,798
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Why this is a good
deal: The average finance offer on this vehicle is $5,993
representing savings of 12% off MSRP.
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Visit the TrueCar Blog for vehicle descriptions and photos.
Pricing and savings information is based on transaction data
available to TrueCar as of 10/18/2021. Average cash, lease and
finance savings are subject to change and individual savings may
vary by factors such as location, individual vehicle attributes,
dealer, credit approval, credit score, APR, applied residual value,
amount financed and term. Average lease and finance payments
are may vary based on similar factors as well as down payment.
Average finance and lease savings based on an assumed 4.15% APR and
ALG residual value benchmarks.
If you're active duty military, veteran or a family member of
one, visit TrueCar Military at truecar.com/military for our
Military Appreciation Package.
About TrueCar
TrueCar is a leading automotive digital marketplace that enables
auto buyers to connect to our nationwide network of Certified
Dealers. We are building the industry's most personalized and
efficient auto buying experience as we seek to bring more of
the purchasing process online. Consumers who visit our marketplace
will find a suite of vehicle discovery tools, price ratings, and
market context on new and used cars -- all with a clear view of
what's a great deal. When they are ready, TrueCar will enable them
to connect with a local Certified Dealer who shares in our belief
that truth, transparency, and fairness are the foundation of a
great auto buying experience. As part of our marketplace,
TrueCar powers auto-buying programs for over 250 leading brands,
including AARP, Sam's Club, Navy Federal Credit Union and American
Express. TrueCar is headquartered in Santa Monica, California, with an office in
Austin, Texas.
For more information, please visit www.truecar.com, and follow
us on Facebook or Twitter.
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SOURCE TrueCar, Inc.