If you are in the market for a new car, you may have a certain make/model in mind. Then again, if saving money on a new vehicle trumps everything else, then you may want to consider a handful of models that offer outstanding savings. We list of five of those models here, vehicles that have one thing in common: they are leftovers from the previous model year that carry large discounts or other incentives with them.
1. Chevrolet Impala. The market for full-sized sedans has shrunk dramatically over the years. These days, not every major manufacturer offers a large sedan and for those that do the definition of “large” is certainly a lot smaller today. An all-new Chevrolet Impala is set to debut in early 2013 as a 2014 model year vehicle. The 2013s are on dealer lots, but the best deals are on leftover 2012 models that offer $3,500 consumer cash with some editions. Deals may improve as we get closer to the end of the year, but then inventories will likely diminish considerably as well.
2. Nissan Pathfinder. If you are looking for a traditional body on frame sport utility vehicle, then the 2012 Nissan Pathfinder may be right for you. For 2013, an all-new unibody Pathfinder debuts, which means that Nissan is eager to move the old model off of dealer lots. The trusted Pathfinder has won an army of loyal followers and you can join them by claiming a $3,500 cash back incentive with additional savings of up to $1,500 possible for well-qualified buyers.
3. Ford Expedition. Ford’s largest SUV soldiers on, the F-Series based Expedition. If you need a cavernous interior, room for up to 8 people, excellent towing capacity and the benefit of a big V-8 engine, the Expedition delivers all that and more. To move the remaining 2012 Ford Expedition models, Ford is offering zero-percent financing for 60 months plus $2,000 bonus cash. If you do not need the financing from Ford Credit, then you can choose a $5,000 cash back incentive instead.
4. Hyundai Veracruz. Hyundai’s largest SUV has been discontinued and will be replaced by an extended-length version of the Santa Fe beginning in 2013. The 2012 Hyundai Veracruz seats seven passengers and is powered by a 3.8-liter V-6 engine making 260 horsepower. Discounts on this model range from $1,000 to $2,500, with greater savings offered for owner loyalty and competitor conquest.
5. Lincoln MKT. Lincoln’s wagon-like crossover gets a refresh for 2013. That means the 2012 Lincoln MKT comes with zero-percent Lincoln AFS financing plus $3,000 bonus cash. If you do not need the financing your cash incentive rises to $4,000. Further bonuses for active military members and conquest customers add $500 and $1,000, respectively, to your discounts.
When shopping for a new car, you’ll want to learn what price the dealer paid for your vehicle. That information can be uncovered by purchasing new car buying guides from select companies including Edmunds, Consumer Reports and Kelley Blue Book. Also check magazines such as Consumer Reports for recommended buys, vehicles that offer more than just a low price.
The five great deals listed here are not necessarily the best deals. Pickup trucks traditionally carry the largest discounts with heavy duty or better optioned models marked down by as much as $5,000, even more.