Ford Edge, Ram 1500 Outdoorsman Top List Of Best Deals, According To TrueCar's "Steals On Wheels"

SANTA MONICA, Calif., July 23, 2013 /PRNewswire/ -- The Ford Edge SE, with a 16.1% 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 $4,591 off the 2013 Ford Edge SE (MSRP $28,595), which had a market average transaction price of $24,004. This model's 2.0L 4-cylinder engine is rated at 21 city MPG and 30 highway MPG, with a combined rating of 25.1 MPG and according to Ford, features best-in-class second-row leg room.

The vehicle with the next highest savings this month is the 2013 Ram 1500 Outdoorsman pickup with a 305hp Pentastar V6 engine (MSRP $37,370). Consumers saved an average of $4,330 off MSRP for a market average transaction price of $33,040, a savings of 11.6%. This model achieves 17 city MPG, 25 highway MPG and 19.9 combined MPG.

 "July is an ideal time to shop for a new car because it offers a great selection of vehicles before model-year-end clearance sales start depleting available choices at the dealers' lots," said Jesse Toprak, senior analyst for TrueCar. "If you're especially picky about the color or particular configuration of your new car, this would be a great time to go kick the tires and still get some of the best deals of the year 2013 model-year vehicles."

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

"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:
2013 Mercedes-Benz GLK-Class: $399/month for 24 months with $4,593 down, 10,000 miles/year Exp: 7/31/13
2014 Mazda MAZDA6: $279/month for 39 months with $0 down, 12,000 miles/year Exp: 7/31/13
2014 Subaru Forester: $239/month for 36 months with $1,939 down, 12,000 miles/year Exp: 7/31/13
2013 BMW 3-series: $299/month for 36 months with $3,774 down, 10,000 miles/year, Exp: 7/31/13
2013 Cadillac ATS: $299/month for 36 months with $2,779 down, 10,000 miles/year, Exp: 9/3/13

Finance:
2013 Nissan Altima: 0% financing for 60 months, Exp: 8/5/13
2013 Chevrolet Cruze: 1.9% APR for 48 months, Exp: 9/3/13
2013 Chevrolet Traverse: 0% APR for 60 months, Exp: 9/3/13
2013 Hyundai Sonata Hybrid: 0% financing for 60 months, Exp: 7/31/13
2013 Buick Enclave: 0% APR for 60 months, 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.com