Worst New Car Deals In June

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 - June 14, 2018

We spent a lot of time looking for great deals this month, so it shouldn't be a surprise that we found some stinkers too. In the course of our analysis of hundreds of offers, we found vehicles with up to an 84% drop in rebates.

In some cases, cars are now up to $30/month more expensive to lease. If you aren't careful, you could end up paying considerably more than what was advertised just a month ago.

Here are some of the worst offenders.

2018 Mazda Mazda3

Why it made the list: This month, the Mazda3 Sport suffers from a $30/month price hike. Here in Los Angeles, the sedan is listed at $199 for 36 months with $1,999 at signing, an effective cost of $255/month.

The hatchback is up by the same amount and has an effective cost of $265/month. After months of being one of the cheapest cars to lease, it's now one of the worst.

Worth knowing: For the same cost as the hatchback, you could actually upgrade to the CX-5 Sport. Along with having more space, the CX-5 is a superior value given that it's $3,715 more expensive on paper.

2018 Toyota Camry

Why it made the list: Toyota has taken Camry prices up yet again in some parts of the country. In San Francisco, the LE is up $20/month and now starts at $229 for 36 months with $1,999 at signing.

In the New York area, the brand has kept the monthly payment unchanged at $209/month on the surface, but has raised the amount due at signing by $300 to $2,299.

Worth knowing: Depending on where you live, you may find the RAV4 to be more affordable. In places like Los Angeles, the RAV4 LE is $20/month cheaper to lease than the Camry when comparing effective costs ($275 vs. $295).

2018 Volkswagen GTI

Why it made the list: This month's lease payment on the GTI S with DSG is up $20/month. It's now listed at $349 for 36 months with $2,399 due at signing, an effective cost of $416/month.

Worth knowing: At $416/month, the GTI is now one of the worst deals in its category. That's $50/month more than an Infiniti Q50 2.0T ($366) despite an $7,830 difference in MSRP.

Other sporty cars offering thrills for less money include the Lexus IS 300 ($410), Cadillac ATS 2.0T ($365) and Ford Mustang EcoBoost ($355).

2018 GMC Acadia

Why it made the list: Last month, the Acadia was eligible for up to $6,200 in discounts. This month, the amount has fallen to just $1,000. That's an 84% drop in rebates.

Although GMC is now offering Supplier Pricing, the amount you save varies depending on configuration. The brand's emphasis has shifted to reward current customers with a $3,000 loyalty incentive for GMC and Buick owners.

Worth knowing: Sales incentives on the Acadia can change drastically month to month. Given that July Fourth is around the corner, potential buyers may want to wait to see if GMC unveils a better deal.

2018 Nissan Altima

Why it made the list: As before, the Altima has zero rebates. The current generation has been on sale since 2013 and continues to be clobbered by poor sales as shoppers clamor for crossovers.

Although the vehicle now features the added value of auto emergency braking, the shortage of offers is disappointing. The only deals worth knowing about are 0% APR for 60 months and a $1,000 loyalty bonus.

Worth knowing: Altima leases look pretty awful. The 2.5 S is listed at $269 for 36 months with $3,299 at signing, an effective cost of $361/month. That's $5 less than an Infiniti Q50 ($366) despite an $11,225 difference in MSRP.

, 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 | Website