10 Best New-Car Deals For May Announced By KBB.com
05/21/2014
Just in Time for Memorial Day Holiday Weekend, Kelley Blue Book Ranks May's Hot Lease, Cash Back Deals
IRVINE, Calif., May 21, 2014 /PRNewswire/ -- Holiday weekends like the upcoming Memorial Day weekend are a great time to get a deal on a new car, so the experts from Kelley Blue Book www.kbb.com, the only 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 and cash back deals available this month from a variety of auto manufacturers.
"The remainder of May and especially the holiday weekend should be a great time to snag a new-car deal, so our editors culled through the available offers and chose what we thought were the 10 best for this month," said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book. "From electric cars, pickup trucks, luxury makes, three-row vehicles, coupes, sedans and small cars, there is a new-car deal option on this list for just about everyone. As dealers start to make way for the 2015 models to hit their lots, new-car shoppers have the opportunity to save a bundle on many popular new 2014 model-year vehicles plus a golden oldie from 2013."
Below are the KBB.com Editors' picks for standout new-car lease and cash back deals, all available at least through May 31, 2014:
KBB.com 10 Best New Car Deals of the Month – May 2014
Lease Deals1
Rank | Year | Make | Model | MSRP2 | Kelley Blue Book® Fair Purchase Price3 | Lease Term (months) | Monthly Payment | Amount Due at Signing |
2 | 2014 | Nissan | Altima | $23,500 | $21,467 | 36 | $189 | $1,999
|
3 | 2014 | Ford | Flex | $32,795 | $30,401 | 24 | $189 | $3,769 |
4 | 2014 | Ram | 1500 Quad Cab | $32,400 | $30,359 | 36 | $229 | $3,129 |
5 | 2014 | Infiniti | Q60 | $41,755 | $39,041 | 39 | $299 | $3,849 |
6 | 2014 | Toyota | Prius Plug-in | $30,800 | $29,777 | 36 | $279 | $999 |
8 | 2013 | Nissan | Leaf | $29,650 | $26,540 | 36 | $199 | $1,999 |
10 | 2014 | Volvo | S60 | $33,315 | $31,233 | 24 | $259 | $1,884 |
Cash Back Deals
Rank | Year | Make | Model | MSRP2 | Kelley Blue Book® Fair Purchase Price34 | Monthly Payment4 | Cash Back5 |
1 | 2014 | Chrysler | 300 | $31,890 | $29,820 | $483 | $3,250 |
7 | 2014 | Ford | Expedition | $43,170 | $40,727 | $650 | $5,000 |
9 | 2014 | Fiat | 500 | $18,300 | $17,123 | $275 | $2,000 |
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 9, 2014. Tax, title, license extra.
4Monthly payment assumes 60 months at default APR 3.5%
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/.
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 only 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 and Suggested Retail Values, and Fair Purchase Price, which reports what others are paying for new 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 2014 Harris Poll EquiTrend® study and has been named Online Auto Shopping Brand of the Year for three consecutive years. Kelley Blue Book Co., Inc. is a subsidiary of AutoTrader Group, which includes AutoTrader.com, vAuto, VinSolutions and HomeNet Automotive. AutoTrader Group is a subsidiary of Cox Enterprises.
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SOURCE Kelley Blue Book
For further information: Chintan Talati, 949-267-4855, ctalati@kbb.com; Joanna Pinkham, 404-568-7135, jpinkham@kbb.com; Brenna Robinson, 949-267-4781, berobinson@kbb.com; Natalie Kumaratne, 949-267-4770, nkumaratne@kbb.com
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