One automaker is offering up to $16,000 in savings.
Black Friday is fast approaching, but some automakers are slashing their prices early this year. If you're in the market for a luxury car, Acura, BMW, Cadillac, Jaguar, Lexus, Lincoln, and Maserati are offering some substantial deals right now with savings up to $16,000 according to unadvertised dealer bulletins obtained by CarsDirect.
Acura, for example, is offering over $10,000 off the 2020 MDX. High-spec models are eligible for an $8,600 lease incentive that can be combined with a $1,500 conquest bonus for a total discount of $10,100 discount. Starting at $379 per month, the MDX also has some of the best leases available for a luxury model.
When financing, BMW is offering some huge discounts for its 2021 models. The 2021 X7, for example, offers 1.9 percent APR for 60 months plus a $2,500 APR Bonus. You can also get an extra $1,000 discount if you already own a BMW or competitor car, bringing the total discount to $3,500 plus low-interest financing. Cadillac, on the other hand, is offering 0 percent financing for 72 months on every 2020 and 2021 model apart from the Escalade. A 2020 model also gives you a purchase bonus of up to $2,500.
Jaguar is also offering 0 percent APR for 72 months across its lineup. If you're in the market for a 2021 Jaguar F-Type, a secret discount slashes the price of the sports car by $10,000 for customers coming from a Jaguar or a competitor. This can be combined with a $6,000 purchase allowance, bringing the total savings to $16,000. Not bad at all.
As part of the annual December to Remember Sales event, Lexus is offering to cover up to $1,000 of your first least payment. Most models have a $700 incentive, but the 2020 Lexus LS gets the top discount. 2021 Lexus models are also eligible. Lexus Financial is also offering 0% across its entire lineup, including the 2021 Lexus IS.
Lincoln's new Wish List Sales Event also offers up to $1,200 toward your first month's lease payment on a 2020 Lincoln Navigator, while other models are available with discounts ranging between $500 and $900. Finally, Maserati is offering 1.49% APR for up to 84 months on 2020 models and a $12,000 lease incentive on the Quattroporte when coming from a competitor.