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Deals on Old Versions of Frankfurt's New Cars

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2011 BMW 1 Series

author photo by Jeffrey Archer September 2011

While car shoppers interested in cutting-edge styling and exciting new features often favor recently redesigned cars, some of the best deals are often on models they replace. As automakers try to clear out "old" designs to make way for all-new ones, they often provide deals on outgoing models still left at dealerships. Such is the case after the Frankfurt Auto Show, where manufacturers unveiled many new models, while simultaneously adding incentives and special offers on the old ones. If you don't need the latest and greatest, now could be the time to get a great deal on these models. Here are some of the best deals on cars whose replacements debuted at Frankfurt.

BMW 1 Series

Although BMW's new 1 Series is likely a year away from its US debut, the automaker is already offering deals on current models. Through the end of September, BMW is offering 2.9 percent APR financing for approved buyers on all 1 Series models, or several lease deals ranging from $369 per month for a well-equipped 128i coupe to $489 per month for a nicely optioned 135i convertible, with down payments from $2,500 for the 128i to $2,750 for the 135i. Regardless of which model you choose, that strikes us as a good deal, considering even the base-level 128i features alloy wheels, automatic climate control, rain-sensing wipers and a potent 230-horsepower turbocharged six-cylinder.

Chevrolet Colorado

Although Chevrolet showed off a concept version of its upcoming Colorado pickup at the Frankfurt Auto Show, it's uncertain if the midsize truck's next generation will make it stateside. Regardless, Chevrolet has added major incentives to 2011 versions of the truck for buyers willing to take delivery by the end of October. In addition to several cash back offers ranging from $1,500 for the regular cab model to $3,000 for the extended cab, Chevrolet is also offering qualified buyers zero percent financing and $1,000 cash back. Such offers will surely help the workhorse pickup find buyers despite dwindling consumer interest in midsize trucks.

Chevrolet Malibu

The current Chevrolet Malibu will soon be giving way to a handsome new version that made its European debut at this year's Frankfurt Auto Show. That means Chevrolet is trying to accelerate sales of the current model, offering two attractive incentives on all 2011 versions of the Malibu. The first deal, which expires October 31, offers qualified buyers zero percent financing for up to 60 months. Also good through October 31, the second offer provides buyers with $2,500 cash back - a hefty incentive for a car that starts under $22,000 before destination.

Hyundai Elantra Touring

This year's Frankfurt show included the debut of Hyundai's i30 hatchback, which will almost certainly come to the US as the new Elantra Touring. That means there are good deals to be had on the current model, including 1.9 percent financing for 36 months or 2.9 percent for 48 months on all 2011 or 2012 versions of the hatchback. Through September 30, Hyundai is also advertising leases starting at just $199 per month for 36 months - certainly one of the industry's least-expensive lease deals. Eager to move remaining 2011 models, the automaker is even offering $500 cash back on all 2011 models, giving buyers who don't need the newest model year or the latest design extra incentive to pick up an Elantra Touring.

Subaru Impreza WRX

While Subaru showed off a concept version of its upcoming BRZ sports car in Frankfurt, the real thing is just a few months from production. Although that doesn't mean sales of the factory-tuned WRX are winding down, it certainly signals the end of the sedan's dominance among sporty Subarus. As a result, car shoppers looking for a good deal on a WRX can find one thanks to the automaker's 1.9 percent financing incentive or 42-month lease offer with payments as low as just $319 per month, both valid through October 3.

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