Minivan Deals: April 2012
Although it includes only a handful of options, the minivan market is one of the most competitive segments in the automotive industry. As a result, automakers looking for an edge advertise great deals and deep discounts to help sway consumers in their direction. Since we know it can be hard to sort out, we've rounded up some of the best deals on minivans this month to help give shoppers a clear picture of special offers available throughout April.
The perennial favorite Grand Caravan is available with several special offers throughout April. For minivan shoppers who want to finance their next van, Dodge is offering zero percent interest on nearly every version of the van, ranging from the base SE to the upscale Grand Caravan Crew - an offer Chrysler is also making on its mechanically similar Town & Country. For shoppers interesting in paying with cash, Dodge is offering up to $1,000 back on most versions of the Grand Caravan - not bad for one of America's best-selling minivans. And while the Grand Caravan's lease offers expired last month, Chrysler is still advertising deals as low as $299 per month after $2,999 due at signing on the Town & Country.
Despite high demand, deals on Honda's popular Odyssey minivan remain impressively strong in April. According to Honda, minivan shoppers interested in leasing a 2012 Odyssey LX can do so with just $1,710 due at signing and monthly payments as low as $289 per month - not bad for a recently overhauled van like the Odyssey. Surprisingly, an upscale Odyssey EX is only slightly more, as Honda is currently advertising monthly lease payments as low as $309 per month with just $2,399 due at signing for the better-equipped model. If you're looking to finance, don't worry: Honda is also offering qualified buyers 0.9 percent interest rates for 36 months, or 1.9 percent for up to 60 months.
Minivan shoppers who don't need the latest styling and technology in their van will find attractive offers on the 2012 Kia Sedona. According to Kia, the van is available with $2,500 cash back for buyers looking to pay in full, or interest rates as low as 1.9 percent for 36 months plus $2,500 cash back for those who would prefer to finance. As with nearly every other model in Kia's lineup, the automaker also has a loyalty bonus of $1,500 for buyers who trade in a Kia, or a $1,500 competitive bonus for shoppers who trade in a minivan from another brand. Indeed, while the aging Sedona may soon be obsolete, it offers several incentives that keep it competitive in the minivan game.
It may be small for its segment, but the Mazda5 is available through the end of the month with several offers that may help convince buyers that bigger isn't always better. According to Mazda, car shoppers interested in leasing the small van can lock in monthly payment of just $279 with $2,874 due at signing, while qualified buyers who would rather finance can get interest rates as low as 0.9 percent for up to 60 months. The Mazda5 also saves shoppers money due to its tiny four-cylinder engine, which achieves up to 28 miles per gallon in highway driving, yet propels the van to 60 miles per hour from a standing stop in a respectable nine seconds flat.
Car shoppers looking to finance their next van will find a good deal on the recently redesigned 2012 Toyota Sienna throughout April. According to the automaker, qualified buyers interested in financing a new Sienna can get interest rates as low as 0.9 percent for up to 60 months, which is one of the best five-year rates available among minivans today. Toyota is quick to remind potential buyers that the offer also includes the automaker's complimentary maintenance plan, which features free roadside assistance for the first two years or 25,000 miles of vehicle ownership.
What it means to you: The minivan segment may be small, but fierce competition leads to great incentives for consumers.