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TrueCar Shares Best Cash, Lease and Finance Deals on New Vehicles for October 2021

TrueCar Shares Best Cash, Lease and Finance Deals on New Vehicles for October 2021

TrueCar Shares Best Cash, Lease and Finance Deals on New Vehicles for October 2021

PR Newswire

SANTA MONICA, Calif., Oct. 21, 2021

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. 

Cash




1.


Jeep Renegade (Micro Utility)



Avg. MSRP: $29,377



Avg. Paid: $27,526



Why this is a good deal:  The average cash offer on this vehicle is $2,835 representing savings of 10% off MSRP.




2.


Chevrolet Equinox (Compact Utility)



Avg. MSRP: $31,926



Avg. Paid: $28,551



Why this is a good deal:  The average cash offer on this vehicle is $2,845 representing savings of 9% off MSRP.




3.


Buick Enclave (Midsize Utility)



Avg. MSRP: $51,268



Avg. Paid: $45,771



Why this is a good deal:  The average cash offer on this vehicle is $4,112 representing savings of 8% off MSRP.




4.


Toyota Prius Prime (Compact Car)



Avg. MSRP: $32,776



Avg. Paid: $30,717



Why this is a good deal:  The average cash offer on this vehicle is $1,844 representing savings of 6% off MSRP.




5.


Dodge Durango (Midsize Utility)



Avg. MSRP: $50,452



Avg. Paid: $47,211



Why this is a good deal:  The average cash offer on this vehicle is $2,636 representing savings of 5% off MSRP.



Lease




1.


Lincoln Corsair (Luxury Utility)



Avg. MSRP: $46,910



Avg. Paid: $43,244



Why this is a good deal:  The average lease offer on this vehicle is $11,376 representing savings of 24% off MSRP.




2.


Kia Forte (Compact Car)



Avg. MSRP: $22,275



Avg. Paid: $20,183



Why this is a good deal:  The average lease offer on this vehicle is $3,904 representing savings of 18% off MSRP.




3.


Nissan Altima (Midsize Car)



Avg. MSRP: $30,038



Avg. Paid: $28,121



Why this is a good deal:  The average lease offer on this vehicle is $5,217 representing savings of 17% off MSRP.




4.


Ford Explorer (Midsize Utility)



Avg. MSRP: $47,650



Avg. Paid: $44,445



Why this is a good deal:  The average lease offer on this vehicle is $6,345 representing savings of 13% off MSRP.




5.


Nissan Murano (Midsize Utility)



Avg. MSRP: $43,200



Avg. Paid: $39,464



Why this is a good deal:  The average lease offer on this vehicle is $5,735 representing savings of 13% off MSRP.



Finance




1.


Dodge Charger (Fullsize Car)



Avg. MSRP: $43,528



Avg. Paid: $40,777



Why this is a good deal:  The average finance offer on this vehicle is $6,285 representing savings of 14% off MSRP.




2.


Dodge Challenger (Sporty)



Avg. MSRP: $44,176



Avg. Paid: $41,264



Why this is a good deal:  The average finance offer on this vehicle is $6,003 representing savings of 14% off MSRP.




3.


Ford F-150 (Fullsize Pickup)



Avg. MSRP: $57,299



Avg. Paid: $50,901



Why this is a good deal:  The average finance offer on this vehicle is $7,342 representing savings of 13% off MSRP.




4.


Chevrolet Traverse (Midsize Utility)



Avg. MSRP: $42,431



Avg. Paid: $39,619



Why this is a good deal:  The average finance offer on this vehicle is $5,220 representing savings of 12% off MSRP.




5.


Jeep Grand Cherokee (Midsize Utility)



Avg. MSRP: $50,113



Avg. Paid: $47,798



Why this is a good deal:  The average finance offer on this vehicle is $5,993 representing savings of 12% off MSRP.

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.