Best New Car Deals: June 2017

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - June 5, 2017

June is shaping up to be an excellent time to buy a new car or truck thanks to some stellar cashback and financing incentives. With the Fourth of July around the corner, now is the time to take advantage of new car deals worth up to 20% off MSRP and rebates as high as $10,000.

If you love the idea of an interest-free loan, we’ve even found 0% APR for 72 months. We’re also seeing cases in which you can combine zero percent financing with up to $2,000 cash. But you’ll need to know where to look.

On this page, we’ve listed the best deals on crossovers & SUVs, cars, trucks, minivans and sporty cars. We’ve included top-ranked offers factoring rebates, finance incentives plus special discounts that aren’t always advertised.

You don’t have to go searching for the best deal. We’ve already done the work for you. Just use the links to the right to navigate.

Offers assume a Southern California location.

Last updated 10:20 am Thursday, June 15

Best Crossover & SUV Deals This Month

Jeep Cherokee
  • Best Deal: Up to $5,000 cashback
  • MSRP: From $24,790
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 21/30
  • Expires: July 5, 2017

Discounts on the Jeep Cherokee continue to outpace most competitors with as much as $5,000 in savings. If you can believe it, one local dealer is even advertising prices below $16,000 when factoring in its own discount. That’s cheaper than a Toyota Corolla.

To get the best deal, consider versions above the entry-level Sport since they’re eligible for better discounts. Alternatively, you can finance at 0% APR for 60 months plus get up to $1,500 cashback. However, we suspect most shoppers would benefit from taking the rebates instead. Get your custom quote »

Hyundai Santa Fe Sport
  • Best Deal: Up to $6,000 cashback
  • MSRP: From $26,245
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 21/27
  • Expires: July 5, 2017

You can get a 2017 Santa Fe Sport for an absolute steal if you know where to look. Unfortunately, offers are extremely complicated since they depend on your choice of engine and option configuration.

The best deals are on the 2.4-liter model with Tech Package, which is eligible for $6,000 in savings when you choose to finance at non-promotional rates. Offers on the 2.0-liter turbo are a bit less attractive and max out at around $4,250. Get your custom quote »

Chevy Traverse
  • Best Deal: Up to 17% off MSRP
  • MSRP: From $29,595
  • Passenger Capacity: Up to 8
  • MPG (City/Hwy): Up to 15/22
  • Expires: June 30, 2017

You can now save up to 17% off MSRP on the Traverse. However, the drawback (and it’s a big one) is that only LT models are eligible. On a loaded $39,970 model, GM says shoppers can expect to save as much as $6,794. You won’t find a deal that good on a Toyota Highlander.

Alternatively, well-qualified shoppers can opt to take 0% APR financing for 72 months on any LT. Given the huge potential discount available this month, we think shoppers would probably do well to consider the 17% off promotion instead. Get your custom quote »

Volvo XC60
  • Best Deal: Up to $5,550 cashback
  • MSRP: From $41,945
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 23/31
  • Expires: August 31, 2017

Volvo has once again ramped up discounts on the 2017 XC60 crossover ahead of the arrival of the redesigned 2018 model. You can now save $4,500 off any version plus take advantage of 2.49% for 60 months.

Even better, current Volvo owners and lessees can get a $1,000 loyalty bonus when purchasing, bringing the total savings to as much as $5,500. And that’s all before even factoring in dealer discounts. Get your custom quote »

Research all crossovers with the biggest rebates »

Research all SUVs with the biggest rebates »

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Best Car Deals This Month

Mazda Mazda3
  • Best Deal: 0% APR+ $1,000 cashback
  • MSRP: From $18,720
  • Passenger Capacity: Up to 5
  • MPG (City/ Hwy): 27/37
  • Expires: July 5, 2017

Big discounts on the Mazda3 tend to be quite rare compared to most competitors. That’s why we think you’ll love this month’s $2,000 rebate on either the sedan or hatchback.

Alternatively, well-qualified shoppers can choose to take 0% APR for 60 months plus a $1,000 finance bonus. There’s even a $500 loyalty discount for current Mazda owners & lessees. Get your custom quote »

Hyundai Sonata
  • Best Deal: Up to $6,750 cashback
  • MSRP: From $22,785
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 28/36
  • Expires: July 5, 2017

Last month’s stellar offers on the 2017 Sonata continue unchanged. Limited and 2.0T models feature a whopping $6,000 bonus. Eco and Sport versions get $4,000, while the entry-level SE gets $3,350. You can save an extra $750 by financing at non-promotional rates.

Altogether, that’s up to $6,750 in available savings on well-equipped models. That’s the most we’ve ever seen on this model. With dealer discounts, we think it’s possible to see prices on a nearly $28,000 Limited dip as low as $20,000. Get your custom quote »

Volvo S90
  • Best Deal: Up to $5,500 cashback
  • MSRP: From $47,945
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 23/34
  • Expires: August 31, 2017

Offers on the sleek Volvo S90 sedan have surged rather out of the blue in June. T6 models are eligible for a $4,500 incentive, while the lower-priced T5 versions get $2,750.

If you’re a current Volvo owner or lessee, you may be eligible for a $1,000 loyalty discount when purchasing. Altogether, that’s $5,500 in potential savings, the highest we’ve ever seen on this model. Get your custom quote »

Research all sedans with the biggest rebates »

Research all hatchbacks with the biggest rebates »

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Best Truck Deals This Month

Chevy Silverado 1500
  • Best Deal: Up to 20% off MSRP
  • MSRP: From $29,080
  • Passenger Capacity: Up to 6
  • MPG (City/Hwy): Up to 18/24
  • Expires: June 30, 2017

You can now enjoy a 20% discount off select 2017 Silverado 1500 models. But there’s a catch. Only Crew Cab Texas Editions are eligible. However, there’s a bright side.

All Silverado LT models qualify for a 17% discount off MSRP. That’s a big change from past months in which you were limited to specially-tagged Bonus Tag vehicles.

On a $48,215 LT with All Star Package, GM says shoppers can expect to save as much as $8,196 off MSRP. That equates to Supplier Pricing plus an additional cash discount. Get your custom quote »

Research all trucks with the biggest rebates »

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Best Minivan Deals This Month

Chrysler Pacifica
  • Best Deal: Up to $4,500 cashback
  • MSRP: From $29,590
  • Passenger Capacity: Up to 8
  • MPG (City/Hwy): Up to 19/28
  • Expires: July 5, 2017

Offers on the 2017 Pacifica continue to be extremely aggressive here in California. First, there’s a $1,000 rebate plus $1,000 bonus cash on any version of the popular minivan.

Then, there’s an additional $500 finance bonus you can get for taking out a loan at non-promotional rates. If you’re currently leasing a competitor, you may also be eligible for a $1,000 conquest bonus.

In California, there’s even a $1,000 bonus for anyone with a Honda, Kia, Toyota or Volkswagen vehicle. Altogether, that’s $4,500 in potential savings. Get your custom quote »

Research all minivans with the biggest rebates »

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Best Sports Car Deals This Month

  • Best Deal: Up to $2,000 cashback
  • MSRP: From $25,750
  • Passenger Capacity: Up to 2
  • MPG (City/Hwy): Up to 27/34
  • Expires: June 30, 2017

Offers on the legendary Miata continue to be extremely aggressive due to an overabundance of leftover 2016 inventory. In Western states, you can currently get a $1,500 bonus on any configuration.

Current Mazda owners and lessees can even take advantage of a $500 loyalty bonus, bringing total savings to as much as $2,000. You won’t find a deal anywhere near that good on the 2017 model. Get your custom quote »

Alfa Romeo Giulia
  • Best Deal: 1.9% APR + Up to $3,500
  • MSRP: From $38,990
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 24/33
  • Expires: July 5, 2017

Starting June 14, most versions of the 2017 Giulia now benefit from a boost in discounts. Owners and lessees of any non-FCA vehicle are eligible for $2,750 conquest cash. You don’t need to trade-in your current car, plus you can transfer the offer among members of the same household. But that’s not the big news.

Until now, the 505 hp Quadrifoglio has been excluded. However, this month there's a $750 bonus in California on any Giulia if you're coming from any of the following brands: Acura, Audi, BMW, Infiniti, Lexus or Mercedes-Benz. It's the first time the Quadrifoglio hasn't been excluded.

If you're eligible for both offers, that's $3,500 in potential savings on either the Base or Ti versions. To top it off, you can even combine these offers with 1.9% financing for 36 months. We think this is a rare opportunity that won't last forever. Get your custom quote »

Chevy Corvette
  • Best Deal: Up to 10% off MSRP
  • MSRP: From $58,170
  • Passenger Capacity: Up to 2
  • MPG (City/Hwy): Up to 17/29
  • Expires: June 30, 2017

You can now get a 10% discount on the 2017 Corvette. However, there’s a catch. Only base Stingray and Z51 models are eligible for the promotion. The Grand Sport and Z06 are not.

On a loaded model with an MSRP of $67,905, GM says shoppers can expect to save up to $6,790. To get to that number, the automaker is essentially taking its Supplier Pricing and adding an additional cash discount.

Alternatively, Chevy is offering 0% APR for 60 months or 1.9% for 72 on the same models listed above. However, with up to $6,790 on the table, we think most shoppers will probably opt for the discount instead. Get your custom quote »

Research all coupes with the biggest rebates »

Research all convertibles with the biggest rebates »

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All Best New Car Deals in June

Vehicle Type Model Description Best Deal Starting MSRP Expiration Get Quote
Crossover & SUV 2017 Jeep Cherokee Up To $5,000 Cashback $24,790 7/5/17 Your Price
Crossover & SUV 2017 Hyundai Santa Fe Sport Up To $6,000 Cashback $26,245 7/5/17 Your Price
Crossover & SUV 2017 Chevrolet Traverse Up To 17% Off MSRP $29,595 6/30/17 Your Price
Crossover & SUV 2017 Volvo XC60 Up To $5,550 Cashback $41,945 8/31/17 Your Price
Car 2017 Mazda Mazda3 0% APR + $1,000 Cashback $18,720 7/5/17 Your Price
Car 2017 Hyundai Sonata Up To $6,750 Cashback $22,785 7/5/17 Your Price
Car 2017 Volvo S90 Up To $5,500 Cashback $47,945 8/31/17 Your Price
Truck 2017 Chevrolet Silverado 1500 Up to 20% Off MSRP $29,080 6/30/17 Your Price
Minivan 2017 Chrysler Pacifica Up To $4,500 Cashback $29,590 7/5/17 Your Price
Sports Car 2016 Mazda MX-5 Miata Up To $2,000 cashback $25,750 6/30/17 Your Price
Sports Car 2017 Alfa Romeo Giulia 1.9% APR + Up To $3,500 $38,990 7/5/17 Your Price
Sports Car 2017 Chevrolet Corvette Up To 10% Off MSRP $58,170 6/30/17 Your Price
Updated June 15

For an easy way to find the best deals, visit the CarsDirect Deals Page for the latest deal-related news and analyses. Browse expert buying advice updated monthly on nearly 300 models for insider insights you'll only find at CarsDirect. Be sure to sign up for email alerts to have the latest deals delivered straight to your inbox.

Offers listed here are based on a resident in Southern California and may be subject to change. Most lease offers are for well-qualified buyers based on available credit and exclude tax, license, title, registration, document fees and insurance. Not all buyers may qualify. Please check with your CarsDirect Trusted Dealer to confirm details and eligibility.

Prefer to lease? See the best lease deals this month »

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website