Best Truck Deals In October 2021

By

Automotive Contributor

Cristyn is a member of CarsDirect's Socal-based team of pricing and incentive experts helping uncover must-know insights for car shoppers. A native of Bakersfield, California, Cristyn has a degree in Liberal Arts from Santa Monica College, with over 10 years of experience in the areas of research and data analysis.


, Automotive Contributor - October 18, 2021

The pickup market has seen ups and downs throughout the pandemic, but the best truck deals in October offer 0% APR for 84 months for certain regional buyers and a couple of lease deals too good to pass up. Unfortunately, truck incentives are scarce in October, so our focus is on special financing to help alleviate high prices.

Unlike other types of vehicles, truck discounts are often skewed in favor of certain trims and option combinations. That said, a clear-eyed look at this month's special financing and lease deals can still yield impressive savings for buyers amidst an inventory shortage.

Best Full-Size Truck Deal: 2021 RAM 1500

2021 RAM 1500

The 2021 RAM 1500 takes the lead with the best APR deal on a truck. Northeast and mid-Atlantic well-qualified buyers see 0% financing for 84 months specifically on the Big Horn Crew Cab 4x4 trim when financed through Chrysler Capital, while other styles will still get you 0% for 72 months. Other regions around the country see 0% APR for 72 months on this same trim, which is still a great deal. 84-month, interest-free truck financing has largely been non-existent since the early stages of the pandemic. Build & Price Your 2021 RAM 1500 »

Runner-Up: 2021 Ford F-150

2021 Ford F-150

Ford has extended their 0% financing for 72 months on the popular 2021 F-150. Unfortunately, buyers are unable to combine any available cash incentives with this promotional APR, but we still consider this a good deal for keeping monthly payments low. Build & Price Your 2021 Ford F-150 »

Best Midsize Truck Deal: 2022 Chevrolet Colorado

2022 Chevrolet Colorado

Chevy is offering the 2022 Colorado at 2.49% APR for 72 months, with the option to defer the first month's payment up to 120 days. Very well-qualified buyers financing through GM Financial are eligible. Additionally, a $1,000 Costco member incentive can be applied to your purchase through January 3, 2022. Exact instructions for claiming this incentive can be found on Costco's Auto Program website.

That said, October's lease deals aren't too shabby. Leases start at $259/month for 36 months and $4,009 due at signing. That's an effective monthly cost of $370. The $1,000 Costco member incentive also applies to leases on this model, and if you're a current lessee of any brand you may qualify for up to $1,500 in Lease Loyalty incentives. Build & Price Your 2022 Chevrolet Colorado »

Runner-Up: 2021 Toyota Tacoma

2021 Toyota Tacoma

The ever-popular Toyota Tacoma continues to see an extension of their 2.49% promotional APR for 72 months financing term. Unfortunately, Toyota offers no cash incentives for financing or leasing the Tacoma, but we still consider this to be a very rare and fantastic deal. Consumers are encouraged to shop around local dealers for the best offer in their region.

In Southern California, Tacoma's estimated lease payments start at $245/month for 36 months with $2,895 due at signing. That's an effective cost of $325 and in our opinion a good deal. This is based on a 12,000-mile annual driving allowance, which seems to be getting less and less common among truck leases. Build & Price Your 2021 Toyota Tacoma »

, Automotive Contributor

Cristyn is a member of CarsDirect's Socal-based team of pricing and incentive experts helping uncover must-know insights for car shoppers. A native of Bakersfield, California, Cristyn has a degree in Liberal Arts from Santa Monica College, with over 10 years of experience in the areas of research and data analysis.


Privacy Policy|Do Not Sell My Personal Information|Terms of Use|Cookie Policy|Disclaimer|
COPYRIGHT 1999-2021 MH Sub I, LLC dba CarsDirect.com