And the most complex month of the year for the automotive market has arrived! And I say so because there are multiple things that make August a very difficult month to everyone involved with the auto industry: new models coming out, parking lots full of previous models, new price incentives, it's also vacation month and also, for many people, the last month of their current lease. Definitely, the month where you need to be as up to date as possible on how is the market status. Once again, as usual, our "Best New Car Deals in Canada" lists for August 2017.
Introducing the Dealer Explorer
In July, we introduced a new tool to LeaseCosts: the Dealer listing on Brand & Car pages plus the site-wide Canada Dealer Explorer. While we are all used to play with Google Maps every day, when getting place's information and directions, it is good to have a reference of all relevant dealers around when you are looking for a specific place.
You can use our Canada Dealer Explorer tool to locate the dealers around you.
If you are looking for information regarding a specific Audi Dealership in the Toronto area, you'll be happy to know that there are multiple other alternatives "12km & 18km away", in case you are not attached to a specific one. That, plus also knowing that "there is a near Lexus, BMW, and Mercedes-Benz dealer under just 2km" is a good opportunity for you are interested in doing test drives of multiple models from different brands.
So we are happy to launch it and announce that we will be improving it progressively to provide the best browsing experience possible to our clients. Following, the list of "Tools" or sections in our website that will make your life easier and help you browse all the market on a single place:
- Canada Dealer Explorer
- Canada Lease Explorer Tool
- Cheapest SUV in Canada
- List of Trucks/Pickups for sale in Canada
- Luxury Vehicle Explorer
Explore +1,000 New Car Deals in Canada
Best New Car Deals in Canada this month
While I will go in detail in the following sections, there is a small summary I will add at the very beginning to give an overall Idea of how the market changed this month. As I mentioned at the beginning of this article, August is a very interesting moment of the year. Main market movements we can notice:
- New models have arrived to replace previous ones like the 2018 Ford Flex, 2018 Chevy Equinox, and the 2018 Subaru Crosstrek, among others.
- Some 2017 models are drastically repriced with a very attractive offer, especially some 2017 Toyota models.
- Many other models remained to the same or very similar prices compared to the months of July & June.
Most Attractive Offer in August 2017
If you are looking for a car, the first suggestion I will make you is: go for the 2017 Toyota Corolla CVT at 239CAD/month tax. inc.
The Corolla, besides being a Toyota, which that by itself means a lot, is a rock solid piece of a car. Reliable, strong and "winter ready", it ranks among the top 5 cars Canadians prefer.
This month the 2017 Corolla CVT was repriced from 284 to 239CAD/month tax. inc. So, if you need a car right now, this is the best option you can go with by far.
Best Compact/Small Car Deals in Canada
Looking for Compact Cars, well these are the top deals you will find in the Canadian market this month:
2017 Honda Civic LX CVT Sedan starting at 281CAD/month tax. inc.
The Civic went a little bit up from 277 to 281CAD/month tax. inc. for the Sedan variant on a 60 months contract. The rest of variants (Coupe, Hatchback...) also remained with slight price changes compared to last month.
2017 Nissan Sentra S CVT Sedan starting at 228CAD/month tax. inc.
Similar to the Civic, the Sentra price remained very close this month to what it was in July, by moving from 226 to 228CAD/month tax. inc. for a 60 months lease.
2017 Hyundai Elantra LE Automatic starting at 254CAD/month tax. inc.
Hyundai Canada reduced the 60 months lease contract of the Elantra from 260 to 254CAD/month tax. inc. Although best prices are usually reached by the end of the year, current incentives are very appealing, compared with the market average.
More Compact Car Alternatives for this month
- 2017 Nissan Versa Note S CVT starting at 229CAD/month tax. inc.
- 2017 Toyota Yaris CE Hatchback Automatic starting at 248CAD/month tax. inc.
- 2017 KIA Forte LX BA Automatic starting at 270CAD/month tax. inc.
- 2017 Mitsubishi Lancer ES CVT starting at 300CAD/month tax. inc.
- 2017 Chevrolet Cruze Hatchback Automatic starting at 303CAD/month tax. inc.
- 2017 Mazda Mazda3 GX Automatic starting at 318CAD/month tax. inc.
Best SUV Deals in Canada
2018 Chevrolet Equinox LS starting at 350CAD/month tax. inc.
Chevrolet is presenting the brand new 2018 Equinox starts this month at 350CAD/month tax included.
2017 Nissan Rogue Sedan starting at 333CAD/month tax. inc.
Nissan's flagship, the Rogue, remained with the same price as in June & July: 333CAD/month tax. inc. as it still sells pretty well.
2017 Honda CR-V LX CVT starting at 385CAD/month tax. inc.
Honda repriced the CR-V this month from 402CAD/month to 385CAD/month tax. inc.
2018 Subaru Crosstrek Automatic starting at 398CAD/month tax. inc. x 36 months
The Crosstrek is once again featured this month to be one of the most attractive options in the market for 36 months lease. It starts at 398CAD/month tax. inc.
More SUV Deals for August 2017
- 2017 KIA Soul LX BA Automatic starting at 251CAD/month tax. inc.
- 2017 Dodge Journey Automatic starting at 301CAD/month tax. inc.
- 2017 Nissan Qashqai S Manual starting at 308CAD/month tax. inc.
- 2017 Toyota RAV4 LE Automatic starting at 335CAD/month tax. inc.
- 2017 KIA Sportage LX Automatic starting at 335CAD/month tax. inc. (36 months lease)
Best Luxury Vehicles Deals in Canada
While the Luxury vehicles are wide and complex, what we usually do is to flag the most attractive deal and what our visitors request and visit more among all our vehicles. This month, the brand new Audi A4:
2018 Audi A4 Sedan Automatic starting at 718CAD/month tax. inc. x 36 months
While the 2017 model stills available in the market but no longer on production, the 2018 Audi A4 Sedan starts with a 718CAD/month price tax. inc. in Canada. The 2017 model still remains around the 660CAD/month.
More Luxury Deals: Compact Cars/Sedans for August 2017
- 2017 Audi A3 Quattro Sedan starting at 541CAD/month tax. inc.
- 2017 Audi A4 Quattro Sedan starting at 658CAD/month tax. inc.
- 2017 Lexus 200t starting at 659CAD/month tax. inc.
- 2017 Mercedes-Benz CLA 250 Coupe starting at 708CAD/month tax. inc.
More Luxury Deals: SUVs for August 2017
- 2017 Audi Q3 Quattro starting at 563CAD/month tax. inc.
- 2017 Lexus NX 200t starting at 579CAD/month tax. inc.
- 2017 Infiniti QX50 starting at 590CAD/month tax. inc.
- 2017 Mercedes-Benz GLA 250 4MATIC starting at 709CAD/month tax. inc.
- 2017 BMW X3 xDrive28i starting at 790CAD/month tax. inc.
- 2017 Acura MDX starting at 835CAD/month tax. inc.
Best Truck/Pickup Deals in Canada
This month, the Colorado is repeating again as last month, together with the GMC Canyon:
2017 Chevrolet Colorado Crew Cab Automatic starting at 404CAD/month tax. inc.
Still, with an increase in price from 395 to 404CAD/month tax. inc. the 2017 Chevrolet Colorado price for the Crew Cab variant is one of the most attractive offer, as same as the 2017 GMC Canyon SL Crew Cab.
2017 GMC Canyon Crew Cab Automatic starting at 382CAD/month tax. inc.
GMC (from Chevrolet) is offering the 2017 Canyon Crew Cab from 405 in July to 382CAD/month tax. inc. this month.
Best Single Cab Truck Deals
- 2017 Dodge RAM 1500 ST starting at 342CAD/month tax. inc.
- 2017 Nissan Frontier King Cab starting at 350CAD/month tax. inc.
- 2017 Chevrolet Silverado Cab Box starting at 371CAD/month tax. inc.
- 2017 F150 Regular Cab starting at 574CAD/month tax. inc.
Best Crew Cab Truck Deals
- 2017 Nissan Frontier Crew Cab starting at 450CAD/month tax. inc.
- 2017 GMC Sierra Crew Cab starting at 471CAD/month tax. inc.
- 2017 Nissan Titan Crew Cab starting at 549CAD/month tax. inc.
- 2017 Honda Ridgeline LX starting at 555CAD/month tax. inc.
- 2017 Ford F-150 Super Cab starting at 651CAD/month tax. inc.
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