Auto makers and dealerships know competition is fierce this time of year for the attention of shoppers. As such, this week we are adding affordable Boxing Week favourites to our list of noteworthy holiday themed incentives started earlier this month.
The combination of lower entry-level vehicle prices, bonus boxing week and holiday incentives, and already low finance and lease rates makes it possible to purchase a reasonably equipped new car (with automatic transmission) for just over $200 per month and zero down payment. Note that this week's deals do not feature an estimated dealer discount as dealer margins on such entry-level vehicles are slim and auto maker incentives are the real contributor to savings.
If you are looking for luxury but still want savings, you will find that Consumer Reports' top-rated brands, including Lexus and Audi, are offering great deals as well this month, as detailed in our previous Deals of the Week article.
2016 Hyundai Accent
Cash purchase, finance and lease customers can now take advantage of a $1,000 Holiday Bonus incentive on the 2016 Accent. Financing for up to 84 months and leasing for up to 60 months are both available at zero per cent interest.
2016 Hyundai Accent Hatchback LE Automatic
- MSRP: $16,299
- Manufacturer incentive: $1,000
- Freight, PDI, government fees: $1,735
- Cash purchase price before tax: $17,034
- Finance for 84 months at zero per cent for $229 per month including tax (includes a $1,000 manufacturer incentive applied before tax)
- Lease for 48 months at zero per cent for $249 per month including tax (includes a $1,000 manufacturer incentive applied before tax and assumes a 20,000 annual kilometre allowance)
2016 Kia Forte
Cash purchasers can take advantage of a $2,500 manufacturer incentive on the 2016 Forte, while finance and lease customers are entitled to a $1,000 rebate. Kia’s December Holiday Bonus offer, available for the rest of the month, is an additional $500 incentive. Financing for up to 84 months is available at zero per cent interest and leasing for up to 60 months is available at 2.9 per cent interest.
2016 Kia Forte LX Automatic
- MSRP: $18,795
- Manufacturer incentive: $3,000
- Freight, PDI, government fees: $1,675
- Cash purchase price before tax: $17,470
- Finance for 84 months at zero per cent for $255 per month including tax (includes a $1,500 manufacturer incentive applied before tax)
- Lease for 48 months at 1.9 per cent for $260 per month including tax (includes a $1,500 manufacturer incentive applied before tax and assumes a 20,000 annual kilometre allowance)
2015 Mitsubishi Mirage
Cash purchasers can now take advantage of a $2,000 manufacturer incentive on the 2015 Mirage, while finance and lease customers are entitled to four monthly payment waivers up to $1,200 in total (compared to zero in November). Financing for up to 84 months is available at 0.99 per cent interest and leasing for up to 60 months is available at 1.49 per cent interest.
2015 Mitsubishi Mirage ES CVT
- MSRP: $13,698
- Manufacturer incentive: $2,000
- Freight, PDI, government fees: $1,340
- Cash purchase price before tax: $13,038
- Finance for 84 months at 0.99 per cent for $209 per month including tax (customer is entitled to four additional payment waivers up to $1,200 in total)
- Lease for 48 months at 0.9 per cent for $236 per month including tax (customer is entitled to four additional payment waivers up to $1,200 in total and assumes a 20,000 annual kilometre allowance)
2016 Ford Fusion
Cash purchase, finance and lease customers can now take advantage of a $750 manufacturer incentive on the 2016 Fusion (compared to zero in November). Financing for up to 84 months is available at zero per cent and leasing for up to 48 months is available at 0.99 per cent. Ford’s Year-End Holiday Bonus, available for the rest of the month, is an additional $500 incentive applied after-tax.
2016 Ford Fusion S Sedan
- MSRP: $23,249
- Manufacturer incentive: $750
- Year-End Holiday Bonus: $500 (after-tax)
- Freight, PDI, government fees: $1,740
- Cash purchase price before tax: $23,739
- Finance for 84 months at zero per cent for $320 per month including tax (includes all manufacturer incentives noted above)
- Lease for 48 months at 0.99 per cent for $352 per month including tax (includes all manufacturer incentives noted above and assumes a 20,000 annual kilometre allowance)
Andrew Tai is CEO of Unhaggle
Pricing and calculations are based on Ontario customers and subject to availability of inventory. Please note that while the information above is accurate at the time of publication, pricing, incentives, and discounts may vary and are subject to change or discontinuation at any time. Dealer discounts are estimates and may be given at the discretion of individual dealers. Consult your local dealership for details.
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