10 Best New-Car Deals For May 2016 By KBB.com
05/13/2016
Kelley Blue Book Ranks Top Lease, Financing and Cash Back Deals Available In Time for Memorial Day Weekend
IRVINE, Calif., May 13, 2016 /PRNewswire/ -- For shoppers on the lookout for a new-car deal just in time for summer, 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, have assembled their list of the 10 best lease, financing and cash back deals for new cars available in May 2016 from a variety of auto manufacturers.
"Whether you're looking for a midsize sedan, a sporty hatch, an SUV or a luxury model, this month's deals have something that will grab your attention, including a compact luxury sedan that offers sporty performance at a surprisingly good price holding the top spot," said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book's KBB.com. "While KBB.com's list of the 10 Best Deals of the Month showcases offers that are available throughout all of May with some deals available well into summertime, many car shoppers can strike a great deal during holiday weekend sales events like during the upcoming Memorial Day long weekend."
Below are the KBB.com editors' picks for standout new-car lease, financing and cash back deals, all available at least through May 31, 2016:
| KBB.com 10 Best New Car Deals of the Month – May 2016 | ||||||||
| Lease Deals1 | ||||||||
| Rank | Year | Make | Model | MSRP2 | Kelley Blue Book® Fair Purchase Price3 | Lease Term (months) | Monthly Payment4 | Amount Due at Signing |
| 1 | 2016 | Acura | ILX | $30,840 | $26,892 | 36 months | $219/month | $2,499 down |
| 3 | 2016 | Buick | Enclave | $39,990 | $37,699 | 39 months | $331/month | $1,831 down |
| 5 | 2016 | Ford | Fusion | $24,960 | $22,808 | 36 months | $189/month | $1,999 down |
| 7 | 2016 | Toyota | Corolla | $20,900 | $19,023 | 36 months | $149/month | $1,999 down |
| 9 | 2016 | Lexus | GS 200t | $46,565 | $43,771 | 36 months | $399/month | $2,299 down |
| 10 | 2016 | Chevrolet | Trax | $23,540 | $22,483 | 39 months | $199/month | $1,619 down |
| Cash Back, Financing Deals | ||||||
| Rank | Year | Make | Model | MSRP2 | Kelley Blue Book® Fair Purchase Price3 | Cash Back or Financing Deal5 |
| 2 | 2015 | Fiat | 500 Abarth | $23,295 | $21,152 | $3,250 cash back |
| 4 | 2015 | Nissan | Versa Note | $16,265 | $14,692 | $2,000 cash back |
| 6 | 2016 | Cadillac | XTS | $46,290 | $43,124 | 0% financing plus $3,500 cash back |
| 8 | 2016 | Hyundai | Sonata | $22,585 | $21,178 | 0% financing plus $1,750 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 May 6, 2016. 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 http://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 book 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 2015 Harris Poll EquiTrend® study and has been named Online Auto Shopping Brand of the Year for four 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 nearly 30,000 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 55,000 employees. Cox Enterprises' other major operating subsidiaries include Cox Communications and Cox Media Group. For more information about Cox Automotive, visit www.coxautoinc.com.
Photo - http://photos.prnewswire.com/prnh/20121108/LA08161LOGO
SOURCE Kelley Blue Book
For further information: Chintan Talati, 949-267-4855, chintan.talati@kbb.com, Joanna Pinkham, 404-568-7135, joanna.pinkham@kbb.com, Brenna Robinson, 949-267-4781, brenna.robinson@kbb.com, Michelle Behar, 949-268-4259, michelle.behar@kbb.com
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