The rise in popularity of SUVs and crossovers drove record sales for the auto industry in 2015 and this trend looks to continue in 2016. SUV and crossover sales increased nearly 13 per cent in 2015 and were up nearly 22 per cent in January compared to the same period last year. This growth is particularly noteworthy when compared to the nearly 6 per cent decline in car sales volumes in 2015 and more than 3 per cent decline in January compared to the same period last year.
Within the SUV and crossover segment, compact and subcompact models are an increasingly sought after alternative due to their versatility, fuel efficiency and affordability. Greater cargo space and available all-wheel-drive on most models give them a competitive edge over typical sedans, with pricing that is often comparable to that of a mid-size sedan of the same brand.
Our deals this week feature our favourite small SUV and crossover models, but be sure to also check out this month's other noteworthy deals available until the end of February:
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The biggest discounts on high performance cars including Mustang, Challenger
2016 Audi Q3
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Cash purchasers, lease and finance customers can take advantage of a $750 manufacturer incentive on the 2016 Q3. Alternatively, lease customers in the GTA may take advantage of the "GTA Auto Show February Sales Event" which features a three-month payment waiver up to $1,200 in value. Financing for up to 60 months is available at 2.9 per cent and leasing is available for 48 months at 3.4 per cent.
2016 Audi Q3 2.0 TFSI Quattro Progressiv Tiptronic
- MSRP: $39,500
- Manufacturer incentive: $750
- Estimated dealer discount: $750
- Freight, PDI, government fees: $2,235
- Cash purchase price before tax: $40,235
- Finance for 60 months at 2.9 per cent interest for $815 per month including tax (includes a $750 manufacturer incentive applied before tax with zero down payment)
- Lease for 48 months at 3.4 per cent interest for $592 per month including tax and receive up to $1,200 in payments waived from a participating GTA Audi dealer (assumes a 20,000 annual kilometre allowance with zero down payment)
2016 Jeep Patriot
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Cash purchasers and finance customers can take advantage of a $5,500 manufacturer incentive on the 2016 Patriot (compared to $4,000 in January). Financing is available for up to 60 months at 2.99 per cent (compared to 3.99 per cent in January).
2016 Jeep Patriot 2.0 High Altitude 4WD
- MSRP: $30,985
- Manufacturer incentive: $5,500
- Estimated dealer discount: $750
- Freight, PDI, government fees: $1,885
- Cash purchase price before tax: $26,620
- Finance for 60 months at 2.99 per cent interest for $540 per month including tax (includes a $5,500 manufacturer incentive applied before tax with zero down payment)
2016 Lexus NX
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Cash purchasers, finance and lease customers can take advantage of a $1,000 after-tax all-wheel-drive credit on the 2016 Lexus NX. Financing is available for 60 months at 4.5 per cent and leasing is available for 48 months at 3.5 per cent (compared to 3.9 per cent in January).
2016 Lexus NX 200t 4WD
- MSRP: $42,150
- Lexus all-wheel-drive credit: $1,000 (applied after tax)
- Estimated dealer discount: $1,500
- Freight, PDI, government fees: $2,185
- Cash purchase price before tax: $41,835
- Finance for 60 months at 4.5 per cent interest for $884 per month including tax (includes a $1,000 all-wheel-drive credit applied after tax with zero down payment)
- Lease for 48 months at 3.5 per cent interest for $620 per month including tax (includes a $1,000 all-wheel-drive credit and assumes a 20,000 annual kilometre allowance with zero down payment)
2016 Nissan Juke
Cash purchasers can take advantage of up to $2,750 in manufacturer incentives (compared to $2,250 in January) on the 2016 Juke while finance and lease customers can benefit from up to $1,500 in manufacturer incentives (compared to $1,000 in January). Financing for up to 72 months is available at 0.99 per cent interest (compared to 1.49 per cent in December) and leasing for 48 months is available at 1.99 per cent interest.
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2016 Nissan Juke 1.6 SL 4WD CVT
- MSRP: $30,178
- Manufacturer incentive: $2,750
- Freight, PDI, government fees: $1,840
- Cash purchase price before tax: $29,268
- Finance for 60 months at 0.99 per cent for $589 per month including tax (includes a $1,500 manufacturer incentive applied before tax with zero down payment)
- Lease for 48 months at 1.99 per cent interest for $426 per month including tax (includes a $1,500 manufacturer incentive applied before tax and assumes a 20,000 annual kilometre allowance with zero down payment)
Andrew Tai is CEO of Unhaggle
Pricing and calculations are based on Ontario customers and subject to availability of inventory. Please note that while the information above is accurate at the time of publication, pricing, incentives and discounts may vary and are subject to change or discontinuation at any time. Dealer discounts are estimates and may be given at the discretion of individual dealers. Consult your local dealership for details.