Minivan Deals: May 2012
The hotly-contested minivan segment is a key battleground for automakers looking to win over families interested in a practical new car. Although choosing the right van can be a difficult task, we've made finding a great deal simple by scouring incentives available throughout May and listing some of the best offers below.
Chrysler Town & Country
Whether you're interested in leasing, financing or purchasing outright, Chrysler is advertising several strong offers on its 2012 Town & Country minivan throughout May. For buyers interested in financing the van, Chrysler is offering $500 cash back plus interest rates as low as zero percent for a whopping 60 months, which is a rate unmatched by most competitors. Buyers interested in paying in full can get up to $1,500 cash back on the van, while shoppers looking to lease their next minivan will find a well-equipped Town & Country Touring available with monthly payments starting from just $299 after $2,999 due at signing.
The popular Honda Odyssey is available with a host of incentives throughout May and June. For minivan shoppers interested in the lowest possible payment, Honda is offering a 36-month lease on its Odyssey LX for just $289 per month after $1,999 due at signing. For shoppers looking to put nothing down, Honda is offering a 36-month zero down lease on its 2012 Odyssey LX with payments of just $340 - a rare offer in the minivan segment. And for buyers who would prefer to finance their Odyssey, the automaker also has a deal available, offering interest rates as low as 0.9 percent for up to 60 months.
Nissan's distinctive Quest can be had with several special offers throughout May. Buyers interested in paying get the best deal, as Nissan is advertising $2,750 cash back on 2012 Quest models or a whopping $3,500 back on leftover 2011s - a great offering considering the van's base price is just over $28,000 including destination. Nissan also has a great deal for car shoppers looking to finance their Quest, with available interest rates as low as zero percent for 36 months, 1.9 percent for 60 months or 2.9 percent for up to 72 months plus as much as $1,000 cash back.
Although Toyota isn't offering any cash back incentives on its 2012 Sienna, the automaker is advertising impressively low interest rates and lease payments on the popular minivan throughout May. According to Toyota, the latest Sienna is available to qualified buyers with interest rates as low as zero percent for up to 60 months - a better rate than those offered by nearly all of the van's competitors. For minivan shoppers looking to lease, the automaker is offering a mid-level Sienna LE with payments starting from $279 after $2,999 at signing.
Buyers interested in getting a German take on an American classic may appreciate the Volkswagen Routan, which is based on the popular Dodge Grand Caravan. Through May, the Routan is available with several special offers, including a 36-month lease with monthly payments starting from just $249 after $2,999 due at signing. Shoppers who would prefer to finance their Routan are also sure to get a great deal, as Volkswagen is offering zero percent interest for a whopping 72 months on all Routan models throughout May. Regardless of the offer, both deals solidify the Routan as a great bargain within one of the most competitive segments in the market.
What it means to you: Be sure to shop around before choosing your minivan, as several automakers are offering great deals on their latest models.