Car Deals

New Car Deals: February 2016

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Used 2016 BMW 2 Series Coupe
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author photo by Doug DeMuro February 2016

If you're shopping for a new car and interested in a great deal, our latest list is a great place to start your search. We've listed today's top new car deals and incentives on a wide variety of the latest models, and we've made sure to include lease offers, finance incentives and cash-back deals in order to ensure there's something for just about every shopper and budget.

BMW 2 Series

The BMW 2 Series is a sporty coupe that offers two doors, four seats and a highly engaging driving experience. Offered in 228i or M235i varieties, the 2016 2 Series is available this month with several excellent deals and incentives. Not surprisingly, the best offer is available on base-level 228i models, which are offered with two deals: a lease offer, which starts at $339 per month for 36 months after $4,000 down, and a special financing offer, which boasts 2.92 percent interest for up to 36 months. Drivers looking to upgrade to the sporty M235i will see that lease rate jump to $479 per month, though the 235i's financing offer remains constant at 2.92 percent interest.

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Cadillac CTS

The recently redesigned Cadillac CTS is a handsome luxury sedan that offers muscular powertrains and a beautiful new interior. In February, the 2016 CTS also touts several great incentives that help it stand out over rivals. Qualified shoppers interested in financing, for example, can get 1.9 percent interest on all CTS models for up to 36 months. For drivers who would rather lease, Cadillac is offering a 36-month term with payments from $429 per month after $4,359 down. Finally, current Cadillac owners interested in a new CTS can get up to $2,000 cash back -- a rare deal for a luxury sedan.

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FIAT 500

The tiny FIAT 500 is a subcompact hatchback with two doors, four seats and immediately recognizable small-car looks. In February, the small 500 also boasts some excellent incentives and special offers that become even better if you're willing to consider a leftover 2015 model. We say that because FIAT is offering $500 cash back on the 2016 500 but an impressive $1,750 back on leftover 2015 versions -- a good deal for a car that starts below $18,000 with shipping. Lease deals are also better on the 2015 500, as FIAT is offering the 2015 model with a 48-month term and payments from $199 per month after $2,699 down, compared to a 36-month term with payments from $229 per month and the same down payment for a 2016 model.

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Jaguar XF

The recently redesigned 2016 Jaguar XF is a handsome luxury sedan that offers modern features and a bold, desirable appearance. In February, the 2016 XF also touts several excellent incentives -- unusual for a brand-new model. The best deal is for qualified shoppers looking to finance, as Jaguar is offering 1.9 percent interest for up to 60 months on all XF models -- a deal that also includes up to $1,000 in bonus cash. For shoppers who would rather lease, Jaguar is offering the XF Premium for 39 months with payments from $499 per month after $4,995 down at lease signing.

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Kia Optima

The recently redesigned 2016 Kia Optima is a popular midsize sedan with handsome looks and a lot of today's latest features and equipment. In February, the 2016 Optima is also offered with several strong incentives. The best deal is for qualified drivers looking to finance, as the Optima touts 0.9 percent interest for up to 36 months or 2.9 percent for up to 72 months. Drivers looking to pay in full can get up to $500 cash back, while shoppers looking to lease can get payments starting from $209 per month for 36 months after $1,999 down at lease signing.

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Subaru XV Crosstrek

Is it a car? Is it an SUV? Is it a station wagon? We're not totally sure what the all-wheel-drive Impreza-based XV Crosstrek is, but we like it, as it touts excellent fuel efficiency, a roomy interior and go-anywhere styling. In February, the 2016 XV Crosstrek also offers several good incentives for qualified shoppers looking to lease or finance. For drivers looking to finance, the Crosstrek touts 1.49 percent interest for up to 36 months. For shoppers who would rather lease, the Crosstrek is also offered with a good deal: a 36-month term with payments from $259 per month after $1,159 down at lease signing.

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Toyota Avalon

The Toyota Avalon is a popular full-size sedan that offers a roomy interior, comfortable seating and muscular V6 or fuel-efficient hybrid power. In February, the 2016 Avalon also offers some excellent incentives for shoppers interested in leasing, financing or paying with cash. For drivers looking to pay in full, Toyota is offering up to $1,250 cash back on all 2016 Avalon models. For qualified buyers looking to finance, Toyota is touting 0.9 percent interest for up to 36 months. Finally, lease shoppers can take advantage of a 36-month term with payments from $259 per month after $2,999 down on the Avalon XLE.

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Volvo V60

The Volvo V60 is a luxury sport wagon that offers handsome styling, an engaging character and available all-wheel drive. In February, the 2016 V60 also touts two strong lease deals that may entice interested shoppers. The best offer is on the highly efficient V60 Drive-E, as it touts a 39-month term with payments from $339 per month after $3,479 down at lease signing. But drivers interested in the high-performance V60 R-Design can also get a good deal, as Volvo is touting the same 39-month term, the same down payment and lease payments from $439 per month.

Find a Volvo V60 for sale

What it means to you: Our list of new car deals and incentives shows you some top offers available today on a wide range of our favorite models.

RELATED INVENTORY
Saving this vehicle to yourMy Autotrader account
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Used 2016 BMW 2 Series Coupe
Used 2016 BMW 2 Series
$24,900
This image is a stock photo and is not an exact representation of any vehicle offered for sale. Advertised vehicles of this model may have styling, trim levels, colors and optional equipment that differ from the stock photo.
New Car Deals: February 2016 - Autotrader