TrueCar Shares Best End-of-Month Cash, Lease and Finance Deals on New Vehicles for March 2021

March 18, 2021 10:00 AM EDT

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SANTA MONICA, Calif., March 18, 2021 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best cash, lease and finance deals on new vehicles, plus deals on used vehicles and trade-in values for March 2021.

"In today's car buying marketplace, with fewer and more targeted incentives and discounts, consumers need to be really savvy and have the best, most accurate information to identify the best deals," said Nick Woolard, Lead Industry Analyst at TrueCar.

"If you've had your heart set on an electric vehicle, we're seeing some of the biggest discounts in this segment this month including on the Chevrolet Bolt, Audi e-Tron and Nissan Leaf," added Woolard.

Best Cash, Lease and Finance Deals on New CarsNavigating the new car incentive landscape is complex for any car buyer. We look at deals across popular models, and at each incentive type (cash, lease, finance) and surface the best offer when compared with the prior month.

Cash

1.

Toyota Venza (Midsize Utility)

Avg. MSRP: $39,283

Avg. Paid: $36,561

Why this is a good deal:  The average cash offer on this vehicle is $1,232, up 35% from last month and represents savings of 3% off MSRP.

2.

Hyundai Kona (Micro Utility)

Avg. MSRP: $27,449

Avg. Paid: $25,318

Why this is a good deal:  The average cash offer on this vehicle is $3,346, up 21% from last month and represents savings of 12% off MSRP.

3.

Chevrolet Malibu (Midsize Car)

Avg. MSRP: $26,486

Avg. Paid: $23,577

Why this is a good deal:  The average cash offer on this vehicle is $3,666, up 17% from last month and represents savings of 14% off MSRP.

4.

Hyundai Elantra (Compact Car)

Avg. MSRP: $22,883

Avg. Paid: $21,286

Why this is a good deal:  The average cash offer on this vehicle is $1,938, up 16% from last month and represents savings of 8% off MSRP.

5.

Toyota Corolla (Compact Car)

Avg. MSRP: $23,218

Avg. Paid: $21,111

Why this is a good deal:  The average cash offer on this vehicle is $1,693, up 14% from last month and represents savings of 7% off MSRP.

Lease

1.

Lexus NX 300 (Prem Compact Utility)

Avg. MSRP: $44,055

Avg. Paid: $41,783

Why this is a good deal:  The average lease offer on this vehicle is $6,254, up 13% from last month and represents savings of 14% off MSRP.

2.

Subaru Crosstrek (Subcompact Utility)

Avg. MSRP: $29,329

Avg. Paid: $26,758

Why this is a good deal:  The average lease offer on this vehicle is $2,682, up 5% from last month and represents savings of 9% off MSRP.

3.

Lexus RX 350 (Prem Midsize Utility)

Avg. MSRP: $55,220

Avg. Paid: $52,105

Why this is a good deal:  The average lease offer on this vehicle is $6,727, up 4% from last month and represents savings of 12% off MSRP.

4.

Toyota Highlander Hybrid (Midsize Utility)

Avg. MSRP: $40,160

Avg. Paid: $35,876

Why this is a good deal:  The average lease offer on this vehicle is $3,942, up 3% from last month and represents savings of 10% off MSRP.

5.

Acura TLX (Prem Midsize)

Avg. MSRP: $44,132

Avg. Paid: $41,905

Why this is a good deal:  The average lease offer on this vehicle is $9,962, up 3% from last month and represents savings of 23% off MSRP.

Finance

1.

Chevrolet Bolt EV (Electric)

Avg. MSRP: $41,039

Avg. Paid: $33,355

Why this is a good deal:  The average finance offer on this vehicle is $16,406, up 33% from last month and represents savings of 40% off MSRP.

2.

Volkswagen Atlas (Midsize Utility)

Avg. MSRP: $45,430

Avg. Paid: $42,654

Why this is a good deal:  The average finance offer on this vehicle is $5,438, up 53% from last month and represents savings of 12% off MSRP.

3.

Honda Odyssey (Minivan)

Avg. MSRP: $40,878

Avg. Paid: $37,882

Why this is a good deal:  The average finance offer on this vehicle is $3,076, up 48% from last month and represents savings of 8% off MSRP.

4.

Jeep Gladiator (Midsize Pickup)

Avg. MSRP: $50,554

Avg. Paid: $47,180

Why this is a good deal:  The average finance offer on this vehicle is $4,235, up 19% from last month and represents savings of 8% off MSRP.

5.

GMC Sierra 2500HD (Fullsize Pickup)

Avg. MSRP: $71,774

Avg. Paid: $66,490

Why this is a good deal:  The average finance offer on this vehicle is $8,853, up 11% from last month and represents savings of 12% off MSRP.

Visit the TrueCar Blog for vehicle descriptions and photos.

Pricing and savings information is based on transaction data available to TrueCar as of 3/15/2021. Average cash, lease and finance savings are subject to change and individual savings may vary by factors such as location, individual vehicle attributes, dealer, credit approval, credit score, APR, applied residual value, amount financed and term.  Average lease and finance payments are may vary based on similar factors as well as down payment. Average finance and lease savings based on an assumed 4.15% APR and ALG residual value benchmarks.

Best Deals on Used VehiclesWe looked at popular used vehicles at a model level and curated those that have experienced a significant month-over-month decrease in the list price indicating a good deal.

Brand and Model

Segment

MoM Drop in List Price

Honda Clarity

Electric

-5.6%

Mitsubishi Mirage

Mainstream Cars

-5.0%

Mercedes-Benz A-Class

Luxury Cars

-4.7%

Chrysler PT Cruiser

Mainstream Cars

-4.6%

smart fortwo

Microcar

-4.6%

Mercedes-Benz C-Class

Luxury Cars

-4.5%

Mercedes-Benz CLA

Luxury Cars

-4.4%

MINI Clubman

Mainstream Cars

-4.4%

Volvo S60

Luxury Cars

-4.3%

BMW 5 Series

Luxury Cars

-4.3%

BMW i3

Electric

-4.3%

BMW X4

Luxury Utility

-4.3%

BMW 3 Series

Luxury Cars

-4.2%

Toyota Corolla Hatchback

Mainstream Cars

-4.2%

Toyota Prius c

Mainstream Cars

-4.2%

Change in list price calculated as a model average of vehicle level price changes for nationwide listings as of 3/15/2021 compared to the prior month. Individual vehicle price changes may vary based on a variety of factors, including location, individual vehicle attributes and dealer.

Best Deals on Trade-In Values Below, we highlight popular used models with the biggest increase in list price compared with the average. A smaller drop or small gain in list price signifies that the vehicle is retaining its market value and could fetch a stronger trade-in value. 

Brand and Model

Segment

MoM Drop in List Price

Dodge Ram 2500

Pickup

-0.2%

Chevrolet Express Passenger

Commercial Vans

-0.6%

Mitsubishi Outlander

Mainstream Utility

-0.8%

Dodge Grand Caravan

Mainstream Utility

-0.8%

Mitsubishi Eclipse Cross

Mainstream Utility

-1.2%

Mercedes-Benz CLK

Prem Fullsize

-1.3%

Ford Mustang

Mainstream Cars

-1.4%

Chrysler Pacifica

Mainstream Utility

-1.5%

GMC Sierra 3500HD

Pickup

-1.5%

Chevrolet Corvette

Prem Performance

-1.5%

Ford Super Duty F-350

Pickup

-1.5%

Chevrolet Silverado 3500HD

Pickup

-1.5%

Chevrolet Tahoe

Mainstream Utility

-1.6%

GMC Sierra 2500HD

Pickup

-1.6%

Chevrolet Bolt EV

Electric

-1.6%

Change in list price calculated as a model average of vehicle level price changes for nationwide listings as of 3/15/2021 compared to the prior month. Individual vehicle list price changes may vary based on a variety of factors, including location, individual vehicle attributes and dealer. Changes in used vehicle list prices are assumed to be correlated with corresponding changes in trade-in value, but this correlation between list prices and trade-in values may not exist for the identified models or may not be experienced to the same degree.

If you're active duty military, veteran or a family member of one, visit TrueCar Military at truecar.com/military for our Military Appreciation Package.

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About TrueCarTrueCar is a leading automotive digital marketplace that enables car buyers to connect to our nationwide network of Certified Dealers. We are building the industry's most personalized and efficient car buying experience as we seek to bring more of the purchasing process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new and used cars – all with a clear view of what's a great deal. When they are ready, TrueCar will enable them to connect with a local Certified Dealer who shares in our belief that truth, transparency and fairness are the foundation of a great car buying experience. As part of our marketplace, TrueCar powers car-buying programs for over 250 leading brands, including AARP, Sam's Club, and American Express. Nearly half of all new-car buyers engage with TrueCar powered sites, where they buy smarter and drive happier. TrueCar is headquartered in Santa Monica, California, with offices in Austin, Texas and Boston, Massachusetts.

For more information, please visit www.truecar.com, and follow us on Facebook or Twitter. TrueCar media line: +1-844-469-8442 (US toll-free) Email: pr@truecar.com

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SOURCE TrueCar, Inc.



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