Buying a car — it’s one of the more stressful, and many times despised things a man can do. Aside from purchasing a home, shopping for a new car is likely the biggest purchase you’ll make in your adult life. It also includes a number of peripheral decisions to make, such as financing. All told, buying a car is tough, confusing, and a generally unpleasant activity.
Of course, things are getting better. The industry is evolving, and there are more ways than ever to save some serious cash on a new car. One of the more popular methods, of course, is to wait until the end of the year — or at least until the fall months — to go out and take some test drives. This is because the next model year’s units start hitting dealer lots, and dealerships are antsy to make room for the influx of new cars, trucks, and SUVs.
For you, the consumer, that means there are typically deals to be had. As for what cars will get you the best bargain, Edmunds.com has put together a short list of what they think you should look at — that is, if you want to get the most bang for your buck.
“Although manufacturers are poised to replace these vehicles with new-generation models, they still offer excellent value and performance,” Edmunds.com Senior Consumer Advice Editor Philip Reed said. “Shoppers looking for the best possible deal on a new car right now would be smart to consider the savings these vehicles offer before they weigh any other options.”
All told, Edmunds looked at 31 different models that are due for a redesign for the 2016 model year, meaning the models still on dealership lots are likely going to sell for a big discount. Let’s take a look at the five cars Edmunds chooses as the best money can buy from those 31 models.
1. Toyota Prius
If you’ve always wanted to try and pick up a Prius, now might be the perfect time. And when you consider how cheap oil and gas prices have been as of late, operating a Prius or any other hybrid is going to be dirt cheap. We just received a look at the all-new 2016 Prius, which was unveiled in Las Vegas and covered by our own Cheat Sheet team. With it soon to hit the market, the older models should be discounted to move. The Prius is relatively inexpensive, dependable, and above all else, efficient. So, if you’ve always wanted one, you might want to pull the trigger.
2. Honda Civic
The Honda Civic — the defacto commuter car for the past couple of decades — is getting a facelift as well for the 2016 model year. This is the car millions upon millions of people have come to love over the years, and there’s good reason for it. They’re affordable, efficient, and last seemingly forever — all things that go a long way with American car buyers. With the remaining 2015 models still waiting to be sold, you’re likely to get an even better deal than ever before. Priced at well below $20,000, the Civic is always a steal.
3. Chevrolet Volt
Chevrolet is gearing up to give it another go with its sleek electric car, the Volt. The first generation Volt, which is due to be replaced in 2016, didn’t perform nearly as well as GM had hoped. It lacked in many key areas, and overall, fell short of competitors from Toyota, Honda, and others. But the updated version has addressed many of its forerunner’s shortcomings, and because of that, Chevy is expecting big things. An excellent chance to get in on the electric/hybrid revolution.
4. BMW 3 Series
Want a good deal on a luxury car? The BMW 3 Series might be exactly what you’re looking for. German luxury cars often don’t come cheap, but they sure are dependable and a solid investment. Think about it — when was the last time you heard anyone complain about their Audi, BMW, Mercedes, or Porsche?
So, if you want to really get some bang for your buck, the BMW 3 Series is likely where you want to set your sights. Like the other cars on this list, it’s due for an update for the 2016 model year, meaning that 2015 models are going to be priced to move.
5. Volkswagen Passat
Like German cars, but going for a luxury vehicle is a bit out of your budget? The Volkswagen Passat is a solid alternative. Just look at what the Edmunds team had to say about it:
“This handsome, refined European sedan is getting a mid-cycle refresh in the fall, pushing prices of the 2015 model over $1,000 below TMV in some areas of the country. Customer cash incentives and 0% financing make the car a solid choice for families keeping an eye on their budget.”
2016 will see the Passat pass into its 8th generation — and with that, the 7th generation models that remain should go at a discount.
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