Best Presidents' Day Car Deals for 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 - February 7, 2017

Presidents' Day can be a great time to buy a car thanks to holiday deals on a wide assortment of new cars and trucks. This year is no different, so expect a mix of cashback offers, finance incentives and lease deals well before the holiday on Monday, February 20.

It can be tough telling the difference between a holiday deal and something you'd find any other month. That's why we're only showcasing new offers we think are really worth pouncing on before they're gone.

In some cases, these may include unadvertised offers you won't find anywhere else. Unless noted otherwise, offers assume a Southern California location. Check back for frequent updates.

Updated 1:07 pm Friday, February 17

Ford $0 Due at Signing Leases on Escape, Fusion New!

Ford Escape

For 4 days only, Ford is offering $199/month, $0 at signing leases on both the 2017 Escape crossover and Fusion sedan here in California. This is a deal you won't find outside of holidays.

In the case of the Escape, lease discounts have more than doubled to a whopping $4,875. You won't see a deal this good from a competitor. See Escape offers »

Prefer to finance? Escapes feature 0% APR for 60 months plus $2,000 cashback. All gas Fusions get 0% APR for 72 months plus $1,500 cash. See Fusion offers »

Starting February 17, there's also a new trade-in assistance bonus worth $500 on the Focus and $1,000 on the Fusion Energi, Fusion Hybrid, Edge, Flex and non-STX versions of the F-150.

Most Ford offers end April 3, but the Presidents' Day deals mentioned here will expire February 20. Shop Ford models »

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GMC $5,000 Bonus Tag, Supplier Pricing

GMC is offering a $5,000 bonus on select 2016 Canyon, Yukon and Sierra 1500 Reg/Double Cabs in stock the longest.

If that wasn't enough, you can combine the deal with a $2,000 bonus for coming from the lease of a 2008 or newer non-GM vehicle. That equates to $7,000 in potential savings on the popular Canyon. See Canyon offers »

All 2017 Sierra 1500 pickups and Yukon SUVs are also now eligible for Supplier Pricing. In the case of the Sierra, this equates to $4,150 in savings on an All Terrain model equipped with all-wheel drive. See Sierra offers » See Yukon offers »

Current offers end February 28. Shop GMC models »

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Chevy $5,000 Bonus Tag— ALL 2016 Models

Chevy is making one final push to clear last year's stock with a huge $5,000 Bonus Tag. Most inventory has already sold out, however— your best chances to find leftover stock are the Colorado pickup, Corvette and Tahoe SUV. Shop Chevy models »

Combining offers can yield some extreme savings. On a 2016 Tahoe, you can now save up to $6,500 off MSRP when factoring the Bonus Tag with a $1,500 rebate. See Tahoe offers »

Coming from another GM lease or that of a competitor? There's a $2,000 bonus available on the Trax, Equinox, Traverse, Tahoe, Suburban and Silverado 1500 (Double Cab). With the bonus, the best deal is the 2017 Equinox at just $232/month with zero due at signing. See Equinox offers »

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Volvo Zero Due At Signing Leases

Through February 28, Volvo is offering zero due at signing lease deals on the S60 sedan, V60 wagon and XC60 crossover as part of the King of Sweden Sales Event.

You can now lease a 2017 S60 for as little as $359/month. This gets you a well-equipped T5 Inscription model with leather, navigation, a low-speed collision system and more. See S60 offers »

Another great deal is the 2017 XC60 starting at just $445/month. That gets you a T5 Inscription with leather, blind spot monitor, emergency brake assist, panoramic moonroof and more. See XC60 offers »

Zero due at signing leases have become quite rare. You won't see a deal anywhere near as good from BMW or Lexus this month. Shop Volvo models »

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Toyota Presidents' Day Cash + Lease Price Cuts Updated!

Toyota Corolla

Beginning February 10, Toyota has launched regional lease price cuts in New York on the 2017 Corolla sedan and 2017 Highlander SUV.

You can now lease a Corolla LE from just $129/month with $1,799 at signing (previously $149). That's one of the cheapest leases to date. See Corolla offers » The Highlander LE now starts at $279/month with $2,699 at signing (previously $299). There's also a new 0% APR offer for 36 months. See Highlander offers »

In San Francisco, there's a $500 bonus from February 16 on the 2017 Camry, Camry Hybrid and RAV4. The Camry gets $3,000 total cash or 0% APR for 72 months plus $1,000. In the case of the RAV4, shoppers can choose between $2,000 cash or 0% APR for 60 months plus the $500 bonus. See Camry offers » See RAV4 offers »

Most Toyota deals end February 28. The additional offers in New York are an exception and will expire February 21. Shop Toyota models »

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Hyundai No Payments for 5 Mos., Extra Cash New!

Hyundai Elantra

Starting February 14, Hyundai is offering additional cashback on the 2017 Elantra, Elantra GT and Accent. Most Elantras now feature a $2,000 bonus ($500 increase), although the Limited gets $2,500 ($1,000 increase).

You can now save up to $3,750 when factoring in a $750 bonus for financing at non-promotional rates and a $500 loyalty discount for current Hyundai owners. See Elantra offers »

There's also a new "No Payments for 5 Months" deal when financing a new Elantra, Tucson or Santa Fe Sport. Hyundai will cover your first 2 payments and allow you to defer the next 3.

The 2017 Tucson and Santa Fe Sport crossovers are both now eligible for 0.9% APR for 60 months plus no payments for 5 months. See Tucson offers » See Santa Fe Sport offers »

Current offers will expire February 28. Shop Hyundai models »

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Honda Presidents' Day Deals New!

Honda Fit

There are a number of great Honda offers, but the only actual holiday deal is a new finance incentive and cheaper lease on the Fit hatchback.

From February 17, the 2017 Fit LX can be leased from $139/month ($10 price cut). You can also finance at 0.9% for 60 months or 1.9% for 72. See Fit offers »

There are now 8 different models with 0.9% APR for 60 months. 2017 models include the Fit, Accord and Accord Hybrid. 2016 models include the Fit, Civic, HR-V, CR-V and Odyssey.

Most offers are set to end February 28. Shop Honda models »

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Kia Forte Presidents' Day Bonus

Kia Forte Hatchback

Starting February 3, Kia is offering $500 Presidents' Day Bonus Cash on all versions of the all-new Forte. The cash is stackable with all other rebates, as well as low APR and special lease incentives.

You can now get up to $2,500 cash or choose 0% APR for 60 months plus $1,500 cash. As usual, there's also a $400 bonus for college students & graduates and members of the military. See Forte offers »

You can also lease a 2017 Forte LX Sedan from as little as $139/month. Budget-minded shoppers should be aware this is one of the cheapest leases this month on a new car. Offers expire February 28. Shop Kia models »

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VW Presidents' Day Bonus New!

Volkswagen Passat

Beginning February 14, VW is offering a $500 Presidents' Day Bonus on all 2017 Jettas and Passats. It can be combined with all finance and lease offers as well as this month's $1,000 loyalty incentive.

All versions of the Jetta now feature 0% financing for 60 months plus $1,500 cashback with the loyalty bonus. You can also choose 0.9% APR for 72 months. See Jetta offers »

The Passat 1.8T S can be leased from $199 for 36 months with $1,999 at signing. The holiday bonus and loyalty offer can potentially turn this into an incredibly cheap lease. See Passat offers »

Current offers will expire February 28. Shop VW models »

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New Mazda Finance Bonus New!

Mazda CX-9

Starting February 16, all 2017 Mazda6 sedans get a new finance bonus. You can now get 0% APR for 60 months plus $500 cash. Current Mazda owners can get a $500 loyalty bonus as well. See Mazda6 offers »

The CX-9 also benefits from a surge in lease discounts on 2016 Sport and Touring models. Offers now start at $349/month— a whopping $30 improvement compared to earlier this month. See CX-9 offers »

On a tighter budget? The 2017 Mazda3 ranks as one of the cheapest leases starting at just $159/month, $10 cheaper than a Corolla SE. You can also opt for 0% APR plus $500 cash. See Mazda3 offers »

Current offers will expire February 28. Shop Mazda models »

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Buick Enclave Supplier Pricing

Through February 28, Buick is offering Supplier Pricing plus cashback on select 2017 Enclave models. The deal is valid on Convenience and Leather models only.

On an Enclave with Leather, this equates to as much as $6,405 in savings off MSRP when you factor a $2,405 discount plus a $4,000 bonus. See Enclave offers »

There's also a $2,000 bonus for competitive lessees on all versions of the 2017 Encore. If you're eligible, you can lease one for as little as $199 for 39 months with $849 due at signing. See Encore offers »

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Lincoln $1,000 Trade-In Assistance Bonus New!

Lincoln MKC

Beginning February 9, Lincoln is offering a $1,000 trade-in bonus in California.

Eligible 2017 models include the MKZ, MKZ Hybrid, MKC, MKX and Navigator. Eligible 2016s include the MKX and Navigator. Shop Lincoln models »

The 2017 MKC crossover now features 0% APR for 60 months plus up to $1,500 cash. And that's before dealer discounts. See MKC offers »

If you're looking to lease, be sure to consider the 2017 MKZ. It consistently gets aggressive discounts on the well-equipped Reserve model. See MKZ offers »

Note that while most Lincoln offers end April 3, this month's Presidents' Day deals will expire February 20.

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Lexus $750 Lease Loyalty Bonus New!

Lexus RX 350

From February 14, current lessees of any Lexus can get a $750 loyalty bonus toward the lease of any 2017 IS, ES, NX or RX model.

Even better, the deal can be stacked with an existing $500 lease loyalty bonus on the RX 350 and RX 450h. That's up to $1,250 in potential savings. See RX 350 offers »

The RX 350 can now be leased from $419/month. Other models like the CT 200h start at just $299/month. See CT 200h offers »

Current offers expire February 28. Shop Lexus models »

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All Top Presidents' Day Deals

Manufacturer Offer Description Featured Deal Expiration
Ford Zero Due at Signing Leases New! $199/mo, $0 at signing on 2017 Fusion or Escape 2/20/17
GMC $5,000 Bonus Tag on 2016 models, Supplier Pricing Up to $7,000 off GMC Canyon 2/28/17
Chevrolet $5,000 Bonus Tag on 2016 models Up to $6,500 off Chevy Tahoe 2/28/17
Volvo $0 Due At Signing Leases Leases starting at $359/mo 2/28/17
Toyota Regional Lease Price Cuts New! 2017 Corolla LE from $129/month 2/21/17
Hyundai No Payments for 5 Months New! 0.9% APR + No Payments for 5 mos. on 2017 Tucson 2/28/17
Honda Special Finance Rates New! 0.9% APR for 60 months on 2017 Fit 2/28/17
Kia $500 Holiday Bonus Up to $2,500 off 2017 Forte 2/28/17
Volkswagen $500 Holiday Bonus New! 0% APR + Up to $1,500 cash on 2017 Jetta 2/28/17
Mazda Finance Bonus + Lease Price Cut New! 0% APR + Up to $1,000 off 2017 Mazda6 2/28/17
Buick Supplier Pricing on Enclaves Up to $6,405 off 2017 Enclave 2/28/17
Lincoln $1,000 Trade-In Assistance New! 0% APR + $1,500 cash on 2017 MKC 2/20/17
Lexus $750 Lease Loyalty Bonus New! Up to $1,250 Lease Loyalty on 2017 RX 350 2/28/17

Updated Friday, February 17

Additional Resources

Doing your homework in advance can save you time (and money). Explore the following topics to make an informed decision when buying a new car this month.

When do new car incentives come out?

Are holidays really a good time to buy?

What are the best new car deals right now?

What are the best lease deals?

What are the absolute cheapest cars to lease?

What are the top vehicles in each segment?

, 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