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August 2019: Best Car Deals This Month
Like what we have shared with you in our previous article, August is such a great month to buy a vehicle. During this month, you can take the opportunity to grab deals from several automakers because they are basically clearing the lots. It is their time to make room for the 2020 models.
Car sales in August usually decline which put pressure on automakers to create promotions to dispatch older car models. Car promotions let you avail a car for a lower price. Some automakers offer lower interest rates or cash backs.
Automakers are battling it out to get the buyers’ attention. They create unique deals to catch the eyes of potential customers.
However, some car deals are limited to a certain model, trim or dealer stocks. Some dealers often offer the best car deals to people with good credit scores.
Here are some great car deals for the month of August. Read on to know more:
All of the vehicles mentioned below are 2019 models.
Chevrolet Silverado 1500
Deal: Double Cab models are at 20% below MSRP
To beat the battle with Ram Trucks on full-size pickup sales, Ford offers 20% discount on their 2019 Chevrolet Silverado 1500. That is equivalent to around $8600 discount on an FWD LT with a 5.3 Liter V8 engine.
A double cab means that it has an extended back part. It has four doors and a small space for back seats.
Chrysler 300
Deal: $6000 cashback (Deal lasts until September 3)
This car falls on the large car category. Chrysler offers up to $6000 cashback when you buy the 2019 Chrysler 300. The offer is available in most regions.
Chrysler 300 is a decent choice because of its exceptional infotainment features, great engine, and large interior. It boasts a 292hp V6 engine, RWD and AWD capabilities.
Fiat 124 Spider
Deal: $1000 cashback and 0% interest for 36 months financing (Deal lasts until September 3)
Drive in a shiny and new convertible. What a great way to spend the rest of the summer! Fiat offers a great deal for their two-seater roadster.
Fiat offers 0% financing for 36 months depending on your region. This compact convertible goes head-to-head with the 2019 Mazda MX-5 Miata when it comes to the engine. It has great fuel economy, a turbocharged 4-cylinder engine, and 6-speed manual transmission.
The deal is also offered to those with good credit rating.
Ford F-150
Deal: 0% interest for 72 months financing (Deal lasts until September 30)
Ford offers a number of deals from region to region. Though the most offered is the six-year 0% interest financing. This means a lot of savings on the interest.
2019 Ford F-150 offers great payload and towing capacity. It also has a comfortable interior. It is available in 6 types of engines ranging from V6 to V8.
Cadillac Escalade
Deal: 0% interest for 72 months financing and $8000 cashback (Deal lasts until September 3)
Cadillac offers an $8000 cashback for their long-wheelbase and standard Escalade. This is to tame down the sales pressure from other luxury SUVs.
It has excellent interiors and 420hp V8 engine. Good audio and navigation system.
Hyundai Santa Fe
Deal: 0% interest for 72 months financing (Deal lasts until September 3)
Like Ford, Hyundai is offering a six-year 0% interest on financing for the 2019 Santa Fe. It is one of the top rating midsize SUVs.
Compared to its rivals, the Hyundai Santa Fe features an excellent security system. Driver assistance and advanced safety features come standard. It has driver attention monitor, automatic emergency brakes, lane-keeping assistance, blind-spot monitor, and adaptive cruise control.
It is a top pick when it comes to safety and it has good warranty coverage. You can score the deal if you have a good credit rating.
And that was the first part of our two-part blog series. We hope that you enjoyed reading this post.
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