TrueCar Shares Best Cash, Lease and Finance Deals on New Vehicles for July 2021
07/22/2021 - 09:00 AM
SANTA MONICA, Calif. , July 22, 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 July 2021 .
"With continued inventory shortages it's a seller's market but that doesn't mean there are no deals to be found," said Nick Woolard , Lead Industry Analyst for TrueCar. "This month we are seeing deals across segments with the compact segment showing the best savings," 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.
Chevrolet Bolt EV (Electric)
Avg. MSRP: $39,733
Avg. Paid: $33,365
Why this is a good deal: The average cash offer on this vehicle is $6,428
representing savings of 16% off MSRP.
2.
Dodge Journey (Midsize Utility)
Avg. MSRP: $26,921
Avg. Paid: $24,683
Why this is a good deal: The average cash offer on this vehicle is $4,299
representing savings of 16% off MSRP.
3.
Toyota Prius Prime (Compact Car)
Avg. MSRP: $32,269
Avg. Paid: $28,390
Why this is a good deal: The average cash offer on this vehicle is $4,773
representing savings of 15% off MSRP.
4.
Buick Encore (Micro Utility)
Avg. MSRP: $27,189
Avg. Paid: $23,792
Why this is a good deal: The average cash offer on this vehicle is $2,701
representing savings of 10% off MSRP.
5.
Chevrolet Equinox (Compact Utility)
Avg. MSRP: $31,321
Avg. Paid: $29,539
Why this is a good deal: The average cash offer on this vehicle is $2,721
representing savings of 9% off MSRP.
Lease
1.
Lexus NX 300 (Prem Compact Utility)
Avg. MSRP: $43,721
Avg. Paid: $41,369
Why this is a good deal: The average lease offer on this vehicle is $4,451
representing savings of 10% off MSRP.
2.
Lexus RX 350 (Prem Midsize Utility)
Avg. MSRP: $55,349
Avg. Paid: $52,081
Why this is a good deal: The average lease offer on this vehicle is $5,237
representing savings of 9% off MSRP.
3.
Nissan LEAF (Compact Car)
Avg. MSRP: $40,455
Avg. Paid: $32,675
Why this is a good deal: The average lease offer on this vehicle is $14,173
representing savings of 35% off MSRP.
4.
Cadillac XT5 (Prem Midsize Utility)
Avg. MSRP: $55,438
Avg. Paid: $51,789
Why this is a good deal: The average lease offer on this vehicle is $11,403
representing savings of 21% off MSRP.
5.
Hyundai Kona (Micro Utility)
Avg. MSRP: $28,152
Avg. Paid: $26,894
Why this is a good deal: The average lease offer on this vehicle is $5,484
representing savings of 19% off MSRP.
Finance
1.
Nissan Murano (Midsize Utility)
Avg. MSRP: $42,014
Avg. Paid: $37,788
Why this is a good deal: The average finance offer on this vehicle is $6,185
representing savings of 15% off MSRP.
2.
Kia Sportage (Compact Utility)
Avg. MSRP: $29,422
Avg. Paid: $26,827
Why this is a good deal: The average finance offer on this vehicle is $4,205
representing savings of 14% off MSRP.
3.
Dodge Challenger (Sporty)
Avg. MSRP: $43,578
Avg. Paid: $40,780
Why this is a good deal: The average finance offer on this vehicle is $5,779
representing savings of 13% off MSRP.
4.
Jeep Grand Cherokee (Midsize Utility)
Avg. MSRP: $46,911
Avg. Paid: $44,467
Why this is a good deal: The average finance offer on this vehicle is $6,092
representing savings of 13% off MSRP.
5.
Chevrolet Traverse (Midsize Utility)
Avg. MSRP: $42,084
Avg. Paid: $39,941
Why this is a good deal: The average finance offer on this vehicle is $5,393
representing savings of 13% 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 7/20/2021. 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 car buyers to connect to our nationwide network of Certified Dealers. We are building the industry's most personalized and efficient car 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 car buying experience. As part of our marketplace, TrueCar powers car-buying programs for over 250 leading brands, including AARP, Sam's Club, and American Express. Nearly half of all new-car buyers engage with TrueCar powered sites, where they buy smarter and drive happier. 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. TrueCar media line: +1-844-469-8442 (US toll-free)
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SOURCE TrueCar, Inc.
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Industry
Data Processing, Hosting, and Related Services
Sector
Information
Tags
Technology Services, Internet Software/Services, Miscellaneous Commercial Services, Commercial Services, Information, Data Processing, Hosting, and Related Services
Country
US
City
Santa Monica
About TRUE
truecar is a digital automotive marketplace dedicated to being the most transparent brand in the industry. truecar shows consumers what others paid for the car they want, so they can recognize a fair price. users receive upfront pricing information when they connect with truecar certified dealers, allowing them to enjoy a more confident buying experience. truecar operates its own site and powers car-buying programs for over 500 companies, including some of the most trusted brands in the world such as usaa, aarp and american express. truecar has a network of over 14,000 certified dealers and currently, over one third of all new car buyers engage with the truecar network during their purchasing process.