The 12 Best Car Deals This February 2021

2020 Jaguar I-Pace front 3/4 view
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Save Money With One of February’s Best Car Deals

One path to getting a great price on a new car is shopping when dealerships are quiet. That's easy to do in February, as shoppers avoid the dismal weather blanketing much of the country and stay away from dealer lots.

If you're ready to buy, though, there are plenty of money-saving deals to be found. Fortunately, most dealers have ramped up their online sales systems, making it easier than ever to shop from the comfort and safety of your home.

Car deals fall into a couple of broad categories. A financing deal is a discounted interest rate on a car loan. The best are 0% offers that eliminate interest on the loan, but any financing incentive with below-market interest rates will save you money. Cash back deals are simply discounts off the price of the car. Some car deals include both low- or no-interest financing and cash back.

While there are some excellent cash back deals available this month, the vast majority of the best offers have low interest rates or 0% financing. Deals on the 2021 Nissan Titan and 2021 Jeep Renegade, for example, offer 0% interest for up to eight years. Offers on the 2021 Ram 1500 and 2020 Lincoln MKZ blend 0% financing and generous cash back incentives.

The best cash back deals this month include offers on the 2021 Jeep Renegade and the just-refreshed 2021 Chrysler Pacifica Hybrid.

With the coronavirus pandemic continuing to ravage communities, it's simply not a good idea to spend hours in dealer showrooms while negotiating and finalizing your new car purchase. In addition to helping you find a great price at a local dealer, the U.S. News Best Price Program can connect you with new car retailers with online purchase and home delivery options.

Several of this month's new car deals are showcased on the following pages. Not every dealer will have the vehicles listed in stock, and dealer stock in general may be limited. In most cases, you'll need excellent credit to take advantage of most financing deals and many cash back offers.

Finally, some of these offers are limited to specific parts of the country. Check with your local dealership for availability of these deals in your area.

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