If you’re hoping to score a good end-of-the-year car deal, you’re in luck. As 2013 draws to a close, carmakers and dealers are offering good discounts and incentives. Shoppers who plan on financing their new vehicle might want to take a look at car deals on both the 2014 and outgoing 2013 models, especially if the cars are very similar. Though most buyers will find low interest rate deals on 2014 vehicles, you might be able to secure interest-free financing on the similar 2013 model, which will save you even more money. If you want to find a great lease deal this December, there are lots of lease offers to choose from, including leases with low monthly payments when you make a down payment, and leases that don’t require a down payment. November new car sales were strong, and automakers are hoping you take advantage of their deals and incentives this December so they can close out the year on a high note.
A number of automotive brands are promoting sign-and-drive lease deals this December. Honda, and its luxury brand, Acura, are offering $0 down leases on vehicles like the 2014 Honda CR-V, Accord, Odyssey and Pilot. Acura also has $0 down lease deals on the 2014 RLX, TL, ILX and RDX. Volvo is promoting sign-and-drive leases on its 2014 lineup, and is including three years of free scheduled maintenance and added wear and tear. Many 2014 Volkswagen models are available this December with no down payment lease offers as well.
Shoppers on the hunt for the best purchase deals this December shouldn’t pass over the 2013 models, as they generally have better finance and cash back offers than the 2014 models. For example, the 2014 Hyundai Genesis is available with 2.9 percent financing for five years plus $500 bonus cash, while the 2013 Genesis can be purchased with 1.9 percent financing for five years plus $1,000 bonus cash. The 2014 Subaru Forester has 1.9 percent financing this December, while the 2013 Forester has zero percent financing. The 2014 Chevrolet Camaro is available with 3.9 percent financing for six years and the 2013 Camaro has zero percent financing for four years.
In the market for a new car? Check out the U.S. News rankings of this year’s best cars. Then, look for a great deal on a new vehicle by checking out this month’s best car deals. Also, be sure to follow us on Twitter and Facebook.