For most people, August means the dog days of summer. For automakers and their dealers, it’s almost the end of the model year and time to start clearing their lots for new models. In other words, it’s a great time to get a deal on a new ride.
Interest rates are continuing to climb, but at a glacial pace, so there are financing deals that can save you thousands still available. You’ll just have to look a bit harder for zero percent financing offers. There are also massive cash back offers available this month on a variety of vehicles.
General Motors is offering an unusual deal with a 14 percent discount on the 2018 Chevrolet Silverado and 2018 GMC Sierra Denali. On a $50,000 pickup, it’s a $7,000 discount. Depending on where you live, you can get $4,000 or more cash back on the 2019 Jeep Cherokee and 2018 Hyundai Santa Fe. Volvo is offering $6,750 cash back on the 2018 Volvo V90.
Looking for a low- or no-interest deal? Check out the 0.9 percent deals on the 2018 Buick Enclave and 2019 Infiniti QX50. You can go even lower, with zero percent offers on the 2018 Subaru Outback, Cadillac CTS, and Ford Escape.
Some deals are limited to specific regions, trim levels, or a specific percentage of dealer stock. Save yourself some time before you head to the dealership by checking with an online sales consultant or using our Best Price Program to ensure that you’re finding the best deal that you can get.
A selection of this month’s best new car deals are shown on the following pages. You’ll find hundreds more on our new car deals page.
If you’re thinking about leasing a new car, explore our lease deals article to see the best lease incentives available this August.
2018 Buick Enclave
Purchase Deal: 0.9% financing for 60 months plus $1,250 bonus cash
This August, you can get a low-interest financing deal on the 2018 Buick Enclave, with additional cash back in some parts of the country. The Enclave was fully redesigned for the 2018 model year and exhibits the refined, quiet ride that you’d expect from a vehicle with a Buick badge.
In our ranking of midsize SUVs, it holds a top spot. When it comes to predicted reliability, the Enclave earns an almost perfect mark, plus its interior is roomy and it has a spacious cargo area. All trim levels come with an 8-inch touch-screen infotainment system that supports onboard Wi-Fi, a 4G LTE data connection, Android Auto, and Apple CarPlay.
This deal is good until September 4.
2018 Subaru Outback
Purchase Deal: 0% financing for a limited term
Subaru has had zero percent financing deals on the 2018 Outback for months, but they probably won’t last forever. It’s a capable wagon that’s small and nimble enough for the city and just rugged enough for weekend family adventures. All-wheel drive comes standard on every 2018 Subaru Outback.
It holds a spot in the upper half of our ranking of wagons. The Insurance Institute for Highway Safety (IIHS) awarded the Outback its second-highest award for safety – Top Safety Pick.
Standard equipment includes support for Apple CarPlay and Android Auto. The available EyeSight suite of advanced safety technology includes automatic emergency braking, adaptive cruise control, and lane-keeping assist. EyeSight also includes reverse automatic braking, which detects obstacles behind the car and applies the brakes.
This deal is good until August 31.
2018 Volvo V90
Purchase Deal: $6,750 cash back
There’s no doubt about it, the 2018 Volvo V90 and higher-riding all-wheel-drive V90 Cross Country are pricey wagons, with starting prices around $50,000. This month’s massive cash back deal takes some of the sticker shock out of the equation, though, and helps you get into the opulent wagons.
The V90’s interior features sleek Scandinavian design, excellent materials, supremely comfortable seats, and a smart application of technology with its vertically oriented Sensus infotainment touch screen. Support for Android Auto and Apple CarPlay comes standard. There’s no traditional instrument cluster. It’s been replaced with a 12.3-inch customizable display.
The V90 earns a spot in the top half of our ranking of wagons. This deal lasts until August 31.
2018 Chrysler Pacifica
Purchase Deal: $4,000 cash back
Depending on where you live and the trim level you choose, Chrysler is offering up to $4,000 cash back on the 2018 Pacifica minivan. Buyers who prefer low-interest financing can opt for a zero percent deal in most regions, with a smaller amount of cash back.
The 2018 Chrysler Pacifica is one of the higher-rated models in our ranking of minivans. It features Stow ‘n Go seats in the middle row that fold neatly into the floor, making it quick and easy to convert the van from a people-hauler to a cargo carrier.
It was a finalist for both our 2018 Best Minivan for the Money and Best Minivan for Families awards.
This deal lasts until August 22.
2018 Chevrolet Silverado 1500
Purchase Deal: 14% Below MSRP on all 2018 Silverado models
The fully redesigned 2019 Chevrolet Silverado is due in dealer showrooms later this year, so Chevy is pulling out all the stops to move the current model along. They’re offering massive discounts on the remaining 2018 models that will give you about $4,000 to more than $7,800 off the truck’s price.
The current 2018 Chevrolet Silverado hits most of the marks for pickup buyers. It offers a pair of powerful V8 engines, strong towing performance, and an excellent predicted reliability score. In our ranking of full-size pickups, it earns a spot in the top half of the list.
Lower-trim models come standard with a 7-inch touch screen, while higher trims get an 8-inch touch screen with support for a Wi-Fi hot spot, a 4G LTE data connection, Android Auto, and Apple CarPlay.
This deal is good until August 31.
2018 Hyundai Santa Fe
Purchase Deal: $4,000 cash back
With a redesigned model on the way for 2019, Hyundai is offering a generous cash back offer to move the remaining 2018 Hyundai Santa Fe models off their dealer lots. They’re offering smaller, yet still generous, amounts of cash back on the 2-row 2018 Santa Fe Sport.
Though the current 3-row Santa Fe doesn’t have the cargo room of some rivals, it does come with a potent, 290-horsepower V6 and 5,000 pounds of towing capacity when properly equipped. In addition to above-average predicted reliability, the Santa Fe has one of the best warranties you can get, with basic coverage for five years or 60,000 miles and 10-year/100,000-mile powertrain protection.
In our ranking of midsize SUVs, it holds a spot about three-quarters of the way down the list. This deal expires on September 4.
2018 GMC Sierra Denali
Purchase Deal: 14% below MSRP when you finance through GM Financial
The 2018 GMC Sierra 1500 Denali is one of the most luxurious pickups you can buy. This month, you can save more than $7,400 when you purchase one. Similar discounts are available on the 2018 GMC Terrain Denali and Acadia Denali. A redesigned Sierra 1500 is coming for 2019.
In our ranking of full-size trucks, the Sierra 1500 holds a spot in the middle of the pack.
Available only in crew cab configurations, the Denali comes loaded with standard equipment, including automatic emergency braking, lane-keeping assist, and a safety alert seat. Its interior is upholstered in leather with heated and ventilated front seats. All Sierra Denalis come with LED headlights, navigation, and cargo box lighting.
This deal lasts until August 31.
2018 Cadillac CTS
Purchase Deal: 0% financing for 60 months plus $2,000 bonus cash
Cadillac designed the CTS to compete with European sedans, and once you get above its unrefined base engine, it has the robust performance to do so. The 2018 Cadillac CTS has nimble handling to match, especially if you opt for its available adaptive suspension.
This August, you can get a great zero percent financing deal on the 2018 Cadillac CTS, plus some cash back. The CTS earns a spot about a third of the way down our ranking of luxury midsize cars.
While the CTS has the room you expect from a Cadillac, the back seat is tight for taller passengers. Unlike in many rivals, leather upholstery doesn’t come standard in the CTS, though it’s available as an option. If you’re considering the CTS for road trips, be sure to take a look at its trunk space before you buy; its smaller than most rivals’ and may not fit all the luggage you need to carry.
This deal lasts until August 31.
2018 Ford Escape
Purchase Deal: 0% financing for 72 months plus $1,000 bonus cash
There’s a zero percent financing offer this August on the 2018 Ford Escape, which also provides some cash back. That makes the sporty compact SUV one of the best deals in the competitive segment. They’re offering the same deal on the 2018 Ford Explorer and Ford Edge.
The Escape earns an almost perfect predicted reliability rating, has plenty of cargo space, and is available with multiple engine options to meet the needs of different buyers. Opt for any Escape but the base model, and you can get Ford’s intuitive and powerful SYNC 3 infotainment system.
In our ranking of compact SUVs, the Escape holds one of the top slots. This deal is good until August 31.
2018 Nissan Leaf
Purchase Deal: 0% financing for 72 months plus $2,000 bonus cash
If you qualify for the $7,500 federal EV tax credit, the 2018 Nissan Leaf is already an affordable electric compact car. Add a six-year zero percent deal and, in some parts of the country, an extra $2,000 off, and the Leaf becomes an excellent deal for prospective electric car buyers.
The completely redesigned all-electric Leaf can travel up to 151 miles on a single charge. The capability to charge from 110- and 240-volt power sources comes standard, while high-speed DC fast-charging support is a $1,590 option. With the fast charge port, the Leaf can be charged to 80 percent of its battery capacity in 40 minutes.
In our ranking of compact cars, the Leaf’s subpar cabin materials lead it to one of the lower spots on the list. This deal is good until August 31.
2019 Infiniti QX50
Purchase Deal: 0.9% financing for 60 months
The completely redesigned 2019 Infiniti QX50 is one of the freshest products in its segment, but that’s not stopping Infiniti from offering an affordable financing deal on it this August. The QX50 features an innovative variable compression turbocharged four-cylinder engine that provides excellent fuel efficiency. It earns an EPA-estimated 24 mpg in the city and 31 mpg on the highway.
Front-seat passengers are treated to some of the most comfortable seats in the segment. There’s plenty of room in the back seat for all but the tallest passengers, though like in many rivals, fitting three adults across is a tight fit. When the time comes to carry gear, the QX50 outshines nearly every class rival with its cavernous cargo area.
The QX50 holds a spot in the lower half of our ranking of luxury compact SUVs. It’s held back by a fussy infotainment system and handling that leaves you wishing for better. This deal is good until September 4.
2019 Jeep Cherokee
Purchase Deal: $4,500 cash back
Jeep gave the Cherokee a comprehensive refresh for 2019, replacing its polarizing front-end design with one that’s more traditional. Along the way, they updated its infotainment system, adding support for Android Auto and Apple CarPlay to all models. A new, more fuel-efficient 270-horsepower turbocharged four-cylinder engine is available.
The 2019 Jeep Cherokee retains its phenomenal off-road capability, especially fully equipped with the most aggressive of the three four-wheel-drive systems available, Jeep’s Selec-Terrain traction management system, and proper all-terrain tires. The Cherokee Trailhawk packages the best of the gear into an ultra-capable off-road machine.
Our ranking of compact SUVs shows the Cherokee mired in the lower half of the list, due to its weak base engine and smaller-than-average cargo space. This deal lasts until September 4.
12 Best Car Deals in August 2018
- 2018 Buick Enclave: 0.9% financing for 60 months
- 2018 Subaru Outback: 0% financing for a limited term
- 2018 Volvo V90: $6,750 cash back
- 2018 Chrysler Pacifica: $4,000 cash back
- 2018 Chevrolet Silverado 1500: 14% Below MSRP
- 2018 Hyundai Santa Fe: $4,000 cash back
- 2018 GMC Sierra Denali: 14% below MSRP
- 2018 Cadillac CTS: 0% financing for 60 months
- 2018 Ford Escape: 0% financing for 72 months
- 2018 Nissan Leaf: 0% financing for 72 months
- 2019 Infiniti QX50: 0.9% financing for 60 months
- 2019 Jeep Cherokee: $4,500 cash back