This Week's Top Car Deals & Analysis - September 25, 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 - September 25, 2020

New car deals feature some noteworthy surprises like an $8,070 rebate on the Dodge Challenger Super Stock. When it arrives later this year, the 807-hp vehicle is expected to be the most powerful production muscle car in the U.S. In other news, Jeep abruptly brought back Chrysler Employee Pricing on 2020 Gladiator trucks.

That said, Chrysler's employee discount for the general public has advantages & advantages. For example, the Gladiator Overland may be eligible for over $5,000 in savings but leases aren't eligible and your actual amount will vary depending on configuration. Actual employee discounts don't have the same limitations.

Looking to just buy a cheap car at a good price? We found vehicles starting at around $20,000 with 0% APR for up to 72 months. In some cases, these are the best deals we've seen to date as we enter the fall sale season. For example, the 2020 Hyundai Venue comes well-equipped and offers 0% APR for the first time.

Some of this week's biggest news had to do with EVs. For example, California declared a goal of eliminating new gasoline-powered passenger cars by 2035. However, a closer look finds that this has the potential to ban the sale of fuel-efficient hybrid cars & plug-in hybrids not classified as 100% zero-emission vehicles.

VW announced a $379/month lease on its 2021 ID.4, severely undercutting the Tesla Model Y. While the 250-mile range and versatile crossover could be appealing, the all-new EV will be over 3x more expensive to lease than the cheapest leases on the Chevy Bolt. We also learned that the upcoming Ford Mustang Mach-E can't be leased through Ford Credit and instead offers balloon financing.

Shoppers in the month of September will find some outstanding deals on hybrids. In addition, some models can offer a way to get more car for your money because of key differences in manufacturer incentives. For example, an over $30,000 Honda CR-V EX Hybrid can be cheaper to lease than an entry-level RAV4 Hybrid.

Thinking of buying an upcoming model? Chevy announced that the 2021 Silverado will offer a multi-function tailgate and better towing. Ford confirmed that the 2021 Bronco Sasquatch will be available with a manual transmission. Lastly, the Mercedes-Benz AMG GT will get more power and a sleek new Stealth Edition.

Finding the best deal isn't always easy. At CarsDirect, we look at the latest manufacturer incentives for buying & leasing to uncover great deals each month. We also offer a variety of ways to research cars, such as a comparison tool, buying guides, and help with getting an auto loan if you happen to have bad credit.

Most current offers end September 30.

Explore This Month's Top Lease 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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