This Week's Top Car Deals & Analysis - December 24, 2020

By

Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

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, Senior Pricing Analyst - December 24, 2020

With Christmas 1 day away, CarsDirect was able to uncover exclusive new & deals that can help consumers in the market to buy a car. Whether it was a price increase on the latest version of America's bestselling truck or hidden savings worth up to $10,000, there was certainly no shortage of must-know information.

Why now may be the time to buy a car. Lexus is telling dealers that it will end 0% APR deals early next month on its 2021 lineup of cars & SUVs. Similarly, one of the cheapest leases of the year is set to end on January 4. Find out what to expect at the start of the New Year and when current offers end from major brands.

$10,000 Mercedes S-Class discount. You won't see it advertised, but Mercedes is giving dealers up to a $10,000 incentive to sell the 2020 S-Class before next year's redesign. The most surprising quirk is that even the luxury brand's most expensive AMG and Maybach styles are both eligible for the incentive.

The cheapest car in America. With just 2 cars with an MSRP under $15,000, cheap small cars have become increasingly difficult to find. Heading into 2021, our analysis finds that the Chevrolet Spark will be the cheapest car you can buy. Interestingly, it'll even be cheaper than the updated 2021 Mitsubishi Mirage.

BMW 2-Series Gran Coupe adds FWD model. A new front-wheel-drive version of the 2-Series Gran Coupe will become the brand's most affordable car. At $36,695, it will undercut competitors like the Mercedes-Benz CLA by over $2,200 and could broaden the model's appeal among entry-level buyers.

2021 Mercedes-Benz S-Class price increase. A big redesign for the automaker's flagship sedan will result in a major price hike of over $15,000. With an MSRP of $110,850, the tech-laden car will aim to be the most luxurious S-Class ever and make it far pricier than sedans like the BMW 7-Series and Audi A8.

2021 Ford F-150, Bronco Sport price increase. Ford isn't wasting time with a small price hike on its newest SUV ahead of the Christmas holiday. While the all-new F-150 will continue to start at just over $30,000, the cost of the optional Max Trailer Tow Package will nearly double heading into the New Year.

Craziest car deals of 2020. The year's most memorable deals centered on unprecedented incentives to stimulate demand among consumers. Whether it was interest-free financing for 7 years, deferred payments for 6 months, or double-digit discounts, 2020 presented outstanding opportunities for consumers.

Top car news headlines for 2020. A year dominated by the pandemic managed to yield significant developments for consumers. In a period in which making an informed decision was particularly important, we looked at a varied mix of CarsDirect's original reporting to find what readers were most interested in.

Editor's Note: We've updated this article to include an analysis of what shoppers can expect in the New Year. We've also included a look back at the craziest car deals of 2020.

Explore The Top Year-End Car Deals »

, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

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