Summer Pricing and Financing Deals: Use These Tips for Your August Buy

We’ve often reported on the latest news from TrueCar, an auto analyst firm with a lot of helpful information on current market data for consumers on the North American market. This summer, TrueCar is saying that the end of August is a great time to buy 2011 inventory vehicles at bargain prices. The firm is revealing a list of often discounted vehicles, some of them with opportunities for a price discount over 20% from MSRP. This list is coming out just in time for savvy buyers to scoop up a good deal before September, when 2012 lineups start to take over on dealer’s lots, and many purchases become a lot more expensive.

TrueCar’s list of five deep discounted cars starts with the 2011 Mitsubishi Endeavor, a car that retails for over $29,000, according to TrueCar researchers. TrueCar provides an estimated average net price of about $22,500, for a projected discount percentage of 22.6%. Next is the 2011 GMC Sierra 1500 with about a 20% discount. Buyers can get up to nearly 16% discounted from the list MSRP on the 2011 Chevrolet Malibu, and the 2011 Nissan Maxima, with recent cash back offers from the manufacturer, offers up to a 15.2% discount according to TrueCar. The last car on the list as the 2011 BMW 3 series, where those who want to shell out more may be able to get about 13% off the MSRP of just over $45,000.

TrueCar also provides five financing deals that customers may like in August. Many of these expire at the end of the month or after Labor Day. First is 0% financing on a 2011 Chrysler Town and Country. TrueCar reports that Mazda also offers 0% financing on the Mazda6, and that Swedish maker Volvo is offering 0% for 72 months on the new 2012 version of their S60 car. Researchers also found customers can get .9% for 36 months on a 2011 Honda Accord and 1.9% on a 2011 Kia Optima, a car that has been cited as an affordable choice providing a lot of value for cost.

Use any of these hot summer deals to get yourself a new set of wheels with less of a financial burden on your monthly budget. Make sure to take advantage of the lowest interest rates and best financing opportunities available at local lots to combine your low final sale price with cheap money and secure your 2011 vehicle purchase with less of an impact on your wallet.