Best New Car Deals: January 2017

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - January 11, 2017

The holidays may be over, but new car deals in January continue to feature attractive incentives on a wide variety of new cars and trucks. Expect to see stellar deals like 0% financing for 72 months and rebates worth up to $10,000 on select models. In some cases, you can even save up to $4,500 simply for coming from a competitor.

We’ve uncovered the best deals this month on crossovers & SUVs, sedans, hatchbacks, trucks, minivans and coupes. Here you’ll find our top-ranked offers factoring standard rebates, finance incentives, plus special discounts for coming from a competitor.

You don’t have to go searching for the best deal. We’ve already done the work for you. Just use the links to the right to navigate.

Offers assume a Southern California location.

Last updated 4:00 pm Wednesday, January 11

Best Crossover & SUV Deals This Month

Jeep Cherokee
  • Best Deal: Up to $6,000 cashback
  • MSRP: From $24,590
  • Expires: January 31, 2017

The Jeep Cherokee continues to feature some of the most attractive discounts out of any crossover. However, don’t expect to see 0% financing right now— offers are heavily weighted to cashback incentives.

Well-equipped Trailhawk models currently feature $5,000 cashback when financing with Chrysler Capital. Currently leasing a competitor? You may be eligible for a $1,000 bonus for a total of $6,000 in savings. And that’s before discounts at the dealer. Get your custom quote »

Ford Escape
  • Best Deal: Up to $3,500 cashback
  • MSRP: From $24,645
  • Expires: April 3, 2017

This month’s deal on the popular Escape heavily rewards customers financing with Ford Credit. Although there’s a $1,500 rebate available to everyone, shoppers choosing to finance get a $2,000 bonus for a total of $3,500 in savings.

For some perspective, the 2017 Toyota RAV4 currently has a $1,000 rebate, whereas the 2016 Honda CR-V has no rebates whatsoever. The Escape is without a doubt one of the best deals right now on a highly rated crossover. Get your custom quote »

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Best Sedan Deals This Month

nissan altima
  • Best Deal: Up to $4,750 cashback
  • MSRP: From $23,365
  • Expires: January 31, 2017

The 2016 Altima continues feature some of the deepest discounts out of any midsize car. SL models currently feature the most cashback, with up to $4,750 in savings. That’s more than double the amount you’ll see this month on the Toyota Camry. However, you’ll need to act soon— based on our analysis, 2016 inventory is starting to become hard to find now that the 2017 Altima has arrived. Get your custom quote »

Chrysler 300c
  • Best Deal: Up to $7,500 cashback
  • MSRP: From $39,650
  • Expires: January 31, 2017

Stock may be limited, but the Chrysler 300C is one of the few remaining 2016 models with special clearance incentives. This month, shoppers can get an impressive $6,500 in factory cash. If you’re leasing a competitor, there’s also a $1,000 conquest bonus that can bring your savings to a whopping $7,500.

If you’re put off by the car’s high MSRP or don’t need that much power under the hood, be sure to consider the more affordable Chrysler 300— it features $5,500 cash available to everyone, or $6,500 with the competitive lessee bonus. Get your custom quote »

Nissan Sentra
  • Best Deal: $3,000 cashback
  • MSRP: From $17,645
  • Expires: January 31, 2017

Looking for an economical choice? Offers on the Sentra have hit a high point with $3,000 cash on most 2016 models still left in stock. SL versions are a particularly good deal with $3,500 factory cash until the end of the month. On a base-level Sentra S, we’re seeing vehicle prices dip into the $13,000 range, making this one of the most attractive deals at the moment on a small car. Get your custom quote »

Research all sedans with the biggest rebates »

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Best Hatchback Deals This Month

Ford Focus
  • Best Deal: 0% APR for 72 months + $3,000
  • MSRP: From $19,195
  • Expires: January 31, 2017

If you’re looking for the best deal on a well-rated hatchback, look no further than the 2016 Focus. Well-qualified shoppers can now get 0% APR for 72 months plus $3,000 cash. It’s rare to see 0% financing for this length in addition to cashback, which makes this a stellar deal in our book. Expect to see an outstanding selection still left at most dealers. Get your custom quote »

Hyundai Veloster
  • Best Deal: Up to $4,500 cashback
  • MSRP: From $18,835
  • Expires: January 31, 2017

The Veloster continues to rank as the best deal on a hatchback with up to $4,500 cash. As before, the biggest savings comes from a $4,000 rebate plus a $500 conquest bonus for coming from a competitor. Alternatively, you can opt for 0% APR for 72 months plus $1,500 cash when factoring a $1,000 finance incentive with this month’s conquest bonus. Get your custom quote »

ford fiesta
  • Best Deal: 0% APR for 72 months + $1,500
  • MSRP: From $15,265
  • Expires: April 3, 2017

If you’re looking for one of the most city-friendly hatches on the market, the 2016 Fiesta may be up your alley. This month’s deal is 0% APR for 72 months plus $1,500 cash. That’s essentially the same as last month, but lacks a $1,000 bonus on specially tagged cars in stock the longest. Dealers still have a ton of these in stock, so expect to be able to negotiate a great deal for a limited time. Get your custom quote »

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Best Luxury Car Deals This Month

BMW 528
  • Best Deal: 2.91% APR for 72 mos + $5,000
  • MSRP: From $51,545
  • Expires: January 31, 2017

Now that the revamped 2017 5 Series has been unveiled, BMW has resorted to huge discounts to help clear away the outgoing model. The entry-level 528 now features a whopping $5,000 cash plus 2.91% APR for up to 72 months. Given that we’ve typically seen large price increases with recent redesigns from BMW, savvy shoppers may want to take advantage of discounts on the current car while they’re available. Get your custom quote »

Volvo s90
  • Best Deal: Up to $4,500 in savings
  • MSRP: From $47,945
  • Expires: January 31, 2017

Offers on the all-new Volvo S90 continue to favor shoppers coming from a competitor. Last month’s $3,000 conquest bonus has been replaced by a so-called lease pull-ahead credit worth up to $4,500. That’s impressive considering we’ve seen no such incentives on popular models like the XC90.

Volvo is offering to cover the last 6 months on your remaining lease if you’re coming from a BMW, Audi, Infiniti, Jaguar, Lexus, BMW, or Mercedes-Benz vehicle. The amount is capped at $750/month, which adds up to $4,500 in savings for eligible shoppers. Get your custom quote »

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Best Luxury Crossover Deals This Month

Audi Q5
  • Best Deal: 2.9% APR for 66 mos + $2,000
  • MSRP: From $41,850
  • Expires: January 31, 2017

With a big redesign on the way, Audi is boosting incentives on the 2016 Q5. The popular lux crossover now features 2.9% APR for 66 months plus a $1,250 finance bonus. There’s also a $750 incentive for current Audi customers or anyone coming from a 2001 or newer BMW, Lexus, Mercedes-Benz, Acura or Infiniti. Altogether, that’s 2.9% financing plus up to $2,000 in cash— all before dealer discounts. Get your custom quote »

buick enclave
  • Best Deal: Up to $4,905 off MSRP
  • MSRP: From $39,990
  • Expires: January 31, 2017

Thanks to a Supplier Pricing for Everyone promotion, shoppers can now take advantage of as much as $4,905 in savings on the 2017 Enclave. On a model equipped with leather, this equates to a $2,405 discount in addition to a $2,500 cash allowance. You’ll be hard-pressed to find a similar deal from a competitor in this class of vehicle. Get your custom quote »

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Best Truck Deals This Month

Chevrolet Silverado 1500
  • Best Deal: Up to $7,150 in savings
  • MSRP: From $28,780
  • Expires: January 31, 2017

The Chevy Silverado 1500 is one of the best deals on a truck this month thanks to a Supplier Pricing for Everyone offer at participating dealers. On an LT 4x4 Crew Cab with All Star Package, this equates to as much as $6,150 in savings when factoring a $2,900 discount, a $2,500 cash allowance and $750 option package discount. There’s even a $1,000 bonus on the oldest trucks in stock for up to $7,150 in savings. Get your custom quote »

Nissan Titan XD
  • Best Deal: Up to $10,000 cashback
  • MSRP: From $36,485
  • Expires: January 31, 2017

If you’re looking for serious savings, this month’s deals on the Titan XD are truly impressive. Nissan is currently offering a whopping $10,000 off all remaining 2016 4x2 Platinum trucks in a bid to reduce leftover stock as soon as possible. However, time is running out since the 2017 Titan XD is available now and in increasing numbers. Get your custom quote »

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Best Minivan Deals This Month

Chrysler Pacifica
  • Best Deal: Up to $4,000 cashback
  • MSRP: From $29,590
  • Expires: January 31, 2017

Offers on the Pacifica continue to be extremely aggressive here in California. Chrysler is targeting competitors with a $1,000 conquest bonus, resulting in at least $3,000 in discounts when financing through Chrysler Capital. There’s also a $1,000 bonus for anyone current leasing a competitor, which means you can potentially save up to $4,000 on any new Pacifica this month. Get your custom quote »

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Best Coupe Deals This Month

Dodge Challenger
  • Best Deal: 0% APR for 60 mos + $3,000
  • MSRP: From $28,090
  • Expires: January 31, 2017

With a $3,000 bonus plus 0% financing for 60 months, the 2016 Challenger is the best deal on a sporty coupe. There’s even a $1,000 bonus for anyone currently leasing a competitor for a total of $4,000 plus 0% APR for eligible shoppers. To get the best deal, be sure to consider an SXT or SXT Plus model since they feature the best discounts. Get your custom quote »

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Best New Car Deals in January

Body Style Model Best Deal MSRP Expiration Get Quote
Crossover & SUV 2017 Jeep Cherokee Up to $6,000 cashback From $24,590 1/31/17 Your Price
Crossover & SUV 2017 Ford Escape Up to $3,500 cashback From $24,645 4/3/17 Your Price
Sedan 2016 Nissan Altima Up to $4,750 cashback From $23,365 1/31/17 Your Price
Sedan 2016 Chrysler 300C Up to $7,500 cashback From $39,650 1/31/17 Your Price
Sedan 2016 Nissan Sentra $3,000 cashback From $17,645 1/31/17 Your Price
Hatchback 2016 Ford Focus 0% APR for 72 months + $3,000 From $19,195 1/31/17 Your Price
Hatchback 2016 Hyundai Veloster Up to $4,500 cashback From $18,835 1/31/17 Your Price
Hatchback 2016 Ford Fiesta 0% APR for 72 months + $1,500 From $15,265 4/3/17 Your Price
Luxury Car 2016 BMW 528 2.91% APR for 72 mos + $5,000 From $51,545 1/31/17 Your Price
Luxury Car 2017 Volvo S90 Up to $4,500 in savings From $47,945 1/31/17 Your Price
Luxury Crossover 2017 Audi Q5 2.9% APR for 66 mos + $2,000 From $41,850 1/31/17 Your Price
Luxury Crossover 2017 Buick Enclave Up to $4,905 off MSRP From $39,990 1/31/17 Your Price
Truck 2017 Chevrolet Silverado 1500 Up to $7,150 in savings From $28,780 1/31/17 Your Price
Truck 2016 Nissan Titan XD Up to $10,000 cashback From $36,485 1/31/17 Your Price
Minivan 2017 Chrysler Pacifica Up to $4,000 cashback From $29,590 1/31/17 Your Price
Coupe 2016 Dodge Challenger 0% APR for 60 mos + $3,000 From $28,090 1/31/17 Your Price

For an easy way to find the best deals, visit the CarsDirect Deals Page for the latest deal-related news and analyses. Browse expert buying advice updated monthly on nearly 300 models for insider insights you'll only find at CarsDirect. Be sure to sign up for email alerts to have the latest deals delivered straight to your inbox.

Offers listed here are based on a resident in Southern California and may be subject to change. Most lease offers are for well-qualified buyers based on available credit and exclude tax, license, title, registration, document fees and insurance. Not all buyers may qualify. Please check with your CarsDirect Trusted Dealer to confirm details and eligibility.

Prefer to lease? See the best lease deals this month »

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website