If now is a good time for you, then here's some great deals.
Buying a new car in the midst of a global pandemic won't be everyone's top priority, but for those who want a new ride, there are some excellent deals to be had with inviting financing terms direct from manufacturers. In addition, dealers are keen to get people into new cars at the moment with "Dealer Allowances" coupled with their own special discounts. Shop wisely right now, and you can pile off the money on a new car or truck.
It could be seen as a little tasteless to treat yourself to an Escalade ESV in a time of global economic crisis, but with $9,500 off the MSRP, that's quite an incentive. The ESV is the long-wheelbase version of the already huge SUV, perfect for the media mogul, family vacation addicts, or chauffeur to the self-important. The Escalade ESV starts at $78,195, so after the discount and adding on delivery; you could take delivery of a stylish 6.2-liter V8 powered monster of an SUV for $69,990.
As of the time of writing, a federal tax credit of up to $1,875 is available on the Chevrolet Bolt EV, and state tax credits are variable. On top of that, Chevy is offering $8,500 customer cash (essentially a rebate) on the price, as well as zero percent APR for 72 Months for "well-qualified buyers." A base model costs $36,620, and after Chevy's discount and federal rebate, that means you could have the little EV with a 259-mile range for $26,245 before any state rebates that may be available.
The Nissan Titan had a refresh for 2020, but that doesn't mean you should dismiss a 2019 model with $8,320 off the MSRP. That number is made up of: $4,000 Nissan Cash Back, three Bonus Cash amounts of $1,500, $1,250, and $1,000, and $570 Package Savings. For example, the first $4,000 comes if you qualify and finance through Nissan at zero percent APR for 82 months. The $1,250 bonus cash is if you choose the Midnight Edition package with SL or SC trim, and the $570 is contingent on choosing the 2019 Titan SL Crew Cab Midnight Edition.
Dodge still has its "Power Dollars" offer running, which means you can get $7,970 off of that beast of a traffic light racer you've been eyeing up. Or, with the same discount, you could pick up the even more vicious-looking widebody model. If you want just a regular Hellcat or Hellcat Widebody, the $7,170 off is still incredibly attractive. The 2020 Challenger SRT Hellcat Redeye has an MSRP of $78,295, so that's $70,325 after the discount, and you'll be socially distancing in the garage and staring at that sweet 797-hp 6.2-liter supercharged V8.
If you like trucks, and particularly a Chevrolet, there are a few offers on the table. Chevrolet is currently offering $4,500 customer cash on the Silverado 1500 Regular Cab model and $6,000 on the crew cab model. The Silverado LD has the most significant discount with $7,000 off of a double cab model. On top of that, Chevrolet is offering zero percent APR for 84 months if financed through the automaker, and the first payment isn't due for 120 days.
Denali is becoming the luxury sub-brand for GMC, and the Denali trim on a Sierra truck is as close to a Cowboy Cadillac as you'll find without taking a Sawzall to an Escalade. The $6,500 customer cash is only offered on the Crew Cab version, but if you specifically want or need the Double Cab, GMC will give you $4,500 in customer cash. In finance for "well-qualified buyers," GMC is also offering zero percent APR for 72 months. Also worth checking out is the 2019 GMC Sierra 1500 Limited Double Cab truck with $6,500 customer cash.
For 2020, Cadillac dropped the base trims from the XT5's lineup, made the turbocharged four-cylinder engine the standard engine, and swapped in a nine-speed transmission for the eight-speed. The 2020 model is a refinement, but if you're happy with everything 2019's model has to offer, including the 310 -hp V6, then the 2019 model's discount is an attractive one. This means you can pick up a base model for just $36,990 with delivery charge included. If you prefer the current model year, Cadillac is offering $2,000 off the MSRP.
We wanted a station wagon, Buick delivered, and everyone is now basically ignoring it. However, we liked the Regal TourX lot, and Buick is currently offering $5,500 customer cash. It's smooth, fun to drive, offers plenty of cargo space, and starts at $29,370. That means you could pick one out for $23,870 for an absolute bargain, or do what we would do and get the top trim at $35,070, and use the discount to get it down to $29,570. The Regal TourX isn't the only Buick vehicle with substantial discounts, and the Regal Sportback also has $5,500 customer cash back, while the Envision has $4,750 on the hood, and the Enclave and Encore have $4,500 offered.
The 2020 Sonata is a big upgrade over the 2019 model, but if you're looking for a bargain, the 2019 model still cuts it as a decent mid-size sedan. With a base model price of $22,650, if all the boxes are ticked, that's a $17,150 sedan. The qualifications for the full $5,500 break down as $2,750 Retail Bonus Cash, with an extra $1,000 if the buyer is currently a registered owner of a Hyundai vehicle. Then, there's another $1,000 cash on the hood if using Hyundai Motor Finance to pay for the car, and don't participate in Hyundai's Low APR program.
The "up to" part of Chrysler's cash allowance program is based on which model of 2019 Chrysler you want. The $4,500 applies to the 300S, the Limited model, and the range-topping 300C. The base model Touring trim, and the Touring L, each gets a discount of $4,250. That means you can get into a base model with a V6 engine for $25,220. If you want the full sleeper V8-powered 300C, that would usually cost $41,495. After the $4,500 discount, that's a lot of car for $36,995.