Nissan Quest, Ford Expedition Top List of Best Deals, According to TrueCar's "Steals on Wheels" Report shares the vehicles that consumers are saving the most off the MSRP

SANTA MONICA, Calif., Aug. 22, 2013 /PRNewswire/ -- The Nissan Quest SV, with a 15.1% savings off MSRP, currently tops the list of the best deals on new vehicles, according to automotive pricing information site TrueCar.com. Published monthly, "Steals on Wheels" shares which vehicles consumers are saving the most off the MSRP, according to recent average transaction prices.

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A review of recent data showed consumers saved an average of $4,628 off the 2013 Nissan Quest SV (MSRP $30,585), which had a market average transaction price of $25,957. This model's 3.5L 6-cylinder engine is rated at 19 city MPG and 24 highway MPG, with a combined rating of 21.5 MPG and features a continuously variable transmission.

The vehicle with the next highest savings this month is the 2013 Ford Expedition XLT with a 310hp FlexFuel V8 engine (MSRP $41,600). Consumers saved an average of $6,170 off MSRP for a market average transaction price of $35,430, a savings of 14.8%. This model gets 14 city MPG, 20 highway MPG and 16.8 combined MPG.

"If you are in the market for a new family vehicle with lots of room for everyone, you're in luck: all top-ten vehicles with the biggest discounts this month are either minivans or large/luxury SUVs," said Jesse Toprak, senior analyst for TrueCar. "Consumers thinking about purchasing an SUV later in the year may be better off buying one in the late summer months as prices for the segment tend to increase substantially near the beginning of the winter."

Below is a snapshot of the best deals (compared to MSRP) on new vehicles in August 2013:

Year Make Model Trim

Segment

MSRP

Market Average

$ Savings / % Savings

Est. Monthly Payment*

City / Hwy / Comb MPG

2013 Nissan Quest SV

Minivan

$30,585

$25,957

$4,628 / 15.1%

$373

19 / 24 / 21.5

2013 Ford Expedition XLT 2WD

Large SUV

$41,600

$35,430

$6,170 / 14.8%

$509

14 / 20 / 16.8

2013 Cadillac SRX Base FWD

Luxury SUV

$38,225

$33,166

$5,059 / 13.2%

$477

17 / 24 / 20.2

2013 BMW X5 xDrive35d

Luxury SUV

$57,625

$50,082

$7,543 / 13.1%

$720

19 / 26 / 21.6

2013 Dodge Durango SXT AWD

Large SUV

$33,140

$29,193

$3,947 / 11.9%

$420

16 / 23 / 19.2

2013 Mazda CX-9 Touring 2WD

Large SUV

$33,025

$29,472

$3,553 /  10.8%

$424

17 / 24 / 19.6

2013 Chrysler Town & Country 2WD

Minivan

$42,140

$37,867

$4,273 /  10.1%

$544

17 / 25 / 20.6

2013 Honda Odyssey Touring

Minivan

$42,360

$38,264

$4,096 / 9.7%

$550

19 / 28 / 23.1

2013 Chevrolet Suburban 3/4 Ton LS 2WD

Large SUV

$46,475

$42,046

$4,429 / 9.5%

$604

10 / 16 / 12.6

Lincoln MKT 3.7L 2WD

Luxury SUV

$43,680

$39,708

$3,972 / 9.1%

$571

17 / 25 / 19.9

*Estimated monthly payments are based on a 3% APR for 60 months with 20% down on the current market average price, and excludes sales tax and other fees and charges that may vary by region or state. Actual APR may be subject to credit approval and other factors. These examples are for information purposes only, and are not an offer to lend. See dealer/lender for details, including actual available offers.

"Market Average" is based on the national average of recent vehicle transactions, including destination and delivery charges after incentives that are subject to change. This does not include tax, title, licensing, documentation or processing fees, other state and governmental charges and/or fees or any other charges or fees allowed by law.

Below are the best leasing and finance deals currently available, according to TrueCar:

Lease:

2014 Honda Odyssey: $299/month for 36 months with $2,999 down, 12,000 miles/year, Exp: 9/3/13

2013 Cadillac CTS Sedan: $329/month for 36 months with $1,689 down, 10,000 miles/year, Exp: 9/3/13

2013 Chevrolet Equinox: $199/month for 36 months with $2,569 down, 12,000 miles/year, Exp: 9/3/13

2013 Hyundai Sonata: $199/month for 36 months with $2,199 down, 12,00 miles/year, Exp: 9/3/13

2013 BMW X5: $489/month for 39 months with $4,214 down, 10,000 miles/year, Exp: 9/3/13

Finance:

2013 Ford Escape: Up to $2,500 cash PLUS 0% financing for 36 months, Exp: 9/3/13

2013 Buick LaCrosse: 0% financing for 60 months or $1,500 consumer cash, Exp: 9/3/13

2013 Dodge Durango: 0% financing for up to 60 months plus up to $1,000 cash allowance, Exp: 9/3/13

2013 Acura TL: 0.9% financing for 36 months, Exp: 9/3/13

2013 Mazda MAZDA5: 0% financing for 60 months plus $500 bonus cash, Exp: 9/3/13

2013 Chevrolet Camaro: 0% financing for 36 months or $1,500 consumer cash, Exp: 9/3/13

Deals are limited to inventory on hand. A TrueCar Certified Dealer must confirm that actual inventory, including preferred options and colors, is in stock. All deals posted by TrueCar are available nationwide and demonstrate potential new car savings off MSRP, which can include manufacturer's rebates or cash incentives. Incentive and purchasing programs are subject to change by region and should be confirmed with the dealer.

About TrueCar, Inc.

TrueCar, Inc., headquartered in Santa Monica, Calif., with offices in Santa Barbara, Calif., San Francisco, Calif., and Austin, Texas, is an automotive pricing information and analysis company that creates a better buying experience for dealers and consumers.  As an online publisher of unbiased new and used car transaction data, TrueCar.com provides price reports that empower dealers and consumers to agree on the parameters of a fair deal by supplying a transparent, simple understanding of what others recently paid for similarly-equipped new cars in their geographic area.  TrueCar also owns ALG, the benchmark for vehicle value information to the automotive industry and has been forecasting residual values for nearly 50 years in both the U.S. and Canadian markets.

TrueCar is a data-driven company that sources, compiles, and analyzes car-buying information unlike anybody in the industry.  This is why, since its founding in 2005, TrueCar dealer partners have sold more than 800,000 vehicles across the country.  Its national network of more than 6,100 Certified Dealers is committed to provide no-hassle pricing for some of the country's largest membership and service organizations, including American Express, AAA, USAA and Consumer Reports that collectively represent more than one million monthly in-market customers.

You can follow TrueCar on Twitter (@TrueCar) and become a fan of TrueCar on Facebook and Google+.

SOURCE TrueCar, Inc.



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