With new-car inventories at record lows, Kelley Blue Book analysts scoured their data to find a few great deals to make anyone’s holiday merry and bright.
“Playing Santa this year is easy if you want to gift a full-size truck,” says Alec Gutierrez, senior market analyst, pricing and automotive insights, Kelley Blue Book. “With gas prices remaining relatively low, manufacturers have a lot of excess inventory in the truck segment and are offering great deals between now and the end of the year.”
Seven percent or respondents have already purchased a new car and 10 percent are still shopping for the perfect car. An additional 10 percent say that they are still considering giving someone they love a new set of keys for the holidays. And what four-wheeled holiday gift would be complete without a king-size bow to adorn the roof. In an additional poll of kbb.com site visitors, 55 percent of shoppers said that if they were to give a vehicle as a gift, they would absolutely put a king-size bow on top.
Wrapping up a new car in one of those giant red bows can be a reality this year after checking out Kelley Blue Book’s top holiday new-car deals. And if you really do want that giant red bow, check out www.kingsizebows.com, where they actually will sell you an individual bow for that one of a kind holiday gift.
Kelley Blue Book’s 10 New-Car Holiday Deals
#10: 2011 Chevrolet Corvette Coupe
Once hailed as America's only true two-seat sports car, the 2011 Chevrolet Corvette continues to offer driving enthusiasts the most bang for the buck, running neck-and-neck (and in some cases surpassing) exotic cars costing up to four times as much – or even more. Nowhere else but in America can you find a two-seat sports car costing roughly $50,000 and delivering 430 horsepower while returning an EPA highway fuel economy figure of 26 miles per gallon.
2011 Chevrolet Corvette Coupe
MSRP: $49,900
Fair Purchase Price: $46,407
Rebate: $3,000
Bottom Line: $43,407
Available APR: 0.0%
#9: 2011 Ford Flex
If all you need is room for the family, a minivan or mid-size SUV could certainly do the trick, but neither have the cutting-edge cool the square-as-a-shoebox Flex seems to ooze. With room for lots of their friends, an optional built-in refrigerator and the technology-friendly SYNC audio system, the Flex can easily transform itself from family transport to Friday-night cruiser with just a turn of the ignition.
In addition to the deal below, Ford is also offering a $3,528 down, $219/month lease deal for 27 months and 10,500 miles/year.
2011 Ford Flex SE
MSRP: $29,850
Fair Purchase Price: $28,943
Rebate: $4,000
Bottom Line: $24,943
Available APR: 1.9%
#8: 2012 Jeep Liberty Sport
If you enjoy the Jeep brand but regard a Grand Cherokee as too much of a financial stretch, and the down-market Patriot and Compass seem more trial than trail, the Liberty might be your cup of green tea.
2012 Jeep Liberty Sport
MSRP: $25,770
Fair Purchase Price: $25,319
Rebate: $3,000
Bottom Line: $22,319
Available APR: 0.0%
#7: 2012 Ram 1500 Quad Cab ST
If you need a pickup truck that is as tough as the rugged image it portrays, but you'd also like something with a civilized ride and a nice interior to double as the family road-trip machine, the 2012 Ram 1500 might be your truck of choice.
In addition to the deal below, Ram is also offering a $3,299 down, $259/month lease deal for 27 months and 12,000 miles/year.
2012 Ram 1500 Quad Cab ST
MSRP: $26,645
Fair Purchase Price: $26,379
Rebate: $4,000
Bottom Line: $22,379
Available APR: 0.0%
#6: 2011 Chevrolet Silverado 1500 Crew Cab LS
The Ford F-150 may hold the title of best selling individual pickup in the country, but when you combine the sales of the Chevrolet Silverado with the nearly-identical GMC Sierra, it's a different story. The General Motors pickups outsell the Ford handily and also outsell all the import label pickup trucks combined.
2011 Chevrolet Silverado 1500 Crew Cab LS
MSRP: $31,355
Fair Purchase Price: $29,941
"In addition to trucks, consumers can save a bundle by considering models that are due for a redesign,” said Gutierrez. “Although you may not be driving the latest and greatest, you can rest easy knowing you got a steal of a deal this holiday."
For the entire list of holiday new-car deals from Kelley Blue Book’s kbb.com, visithttp://www.kbb.com/car-
For more information and news from Kelley Blue Book’s kbb.com, visithttp://www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or @kelleybluebook), or like our page on Facebook at www.facebook.com/kbb.
All opinions expressed in this review are my own and not influenced in any way by the company. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer or provider. Please refer to this site's Disclaimer for more information. I have been compensated or given a product free of charge, but that does not impact my views or opinions.
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