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TMCNet:  Great Deals Await Consumers On New Vehicles Headed For 2013 Redesign

[May 16, 2012]

Great Deals Await Consumers On New Vehicles Headed For 2013 Redesign

IRVINE, Calif., May 16, 2012 /PRNewswire via COMTEX/ -- According to Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, auto sales are rebounding in the United States due to the plethora of redesigns and new introductions during the last few years. Shoppers in the market for a new-car bargain who have little care for owning the most up-to-date body style on the road can find great deals on models headed for a redesign this fall.

(Logo: http://photos.prnewswire.com/prnh/20111102/AQ99077LOGO) New-car shoppers have an abundance of competitive offerings available in nearly every segment. Strong sales of popular models including the Toyota Camry, Hyundai Sonata, Chevrolet Cruze, Ford Focus and Honda CR-V all are the result of strong redesigns in the last few years. However, with the most in-demand vehicles, consumers can expect to pay close to the manufacturer's suggested retail price with little or no cash rebate available.

"Not all consumers are alike and many new-car shoppers are simply looking for the best deal available," said Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book. "Vehicles typically are redesigned on a five-year cycle. Being aware of which models will soon be redesigned is a good way to get a new car and still keep some of your money in the bank." Today, the most enticing offers are available on vehicles expected to be redesigned either this year or next. Kelley Blue Book analysts found three discounted new compact cars, compact crossovers and mid-size cars heading for a redesign and offering big discounts. The Ford Fusion, Nissan Altima and Chevrolet Malibu are available with more than $4,000 in savings after rebates. The Nissan Sentra and Toyota Corolla also are expected to be redesigned sometime in the next year, and currently are available at more than $2,000 off the sticker price.

The Nissan Rogue, Suzuki Grand Vitara and Mitsubishi Outlander aren't expected to be redesigned anytime soon; however, they have lagged the Honda CR-V and Chevrolet Equinox in monthly sales volume and currently offer sizeable incentives to try and regain segment share.

In the sport utility segment, the Nissan Xterra is one of the few remaining truck-based SUVs available today. The Xterra also will receive a full redesign in the coming months, so Nissan is working hard to sell as many 2012 model-year vehicles as possible prior to the redesigned-model launch. At more than $5,000 below the sticker price, this is a deal that bargain hunters shouldn't pass up.

Below are samples of the great deals available to consumers with applicable incentives and Kelley Blue Book's Fair Purchase Price, which represents what a consumer can expect to pay.

Great Deals Await Consumers on New Vehicles Headed for 2013 Redesign Segment Make Model Trim MSRP FPP Rebate Savings Final Price Compact Car Nissan Sentra Sedan 4D $17,030 $15,828 $1,500 -$2,702 $14,328 Toyota Corolla LE Sedan 4D $18,670 $17,092 $500 -$2,078 $16,592 Suzuki SX4 Sedan 4D $14,614 $13,654 $1,000 -$1,960 $12,654 Compact Crossover Suzuki Grand Vitara Sport Utility 4D $20,464 $18,765 $1,500 -$3,199 $17,265 Nissan Rogue S Sport Utility 4D $24,195 $22,707 $1,500 -$2,988 $21,207 Mitsubishi Outlander Sport ES Sport Utility 4D $20,605 $19,295 $500 -$1,810 $18,795 Mid-Size Car Ford Fusion SE Sedan 4D $23,770 $22,308 $3,000 -$4,462 $19,308 Nissan Altima 2.5 S Sedan 4D $23,490 $21,620 $2,500 -$4,370 $19,120 Chevrolet Malibu LT Sedan 4D $24,230 $23,081 $3,000 -$4,149 $20,081 SUV Nissan Xterra X Sport Utility 4D $28,085 $25,855 $3,000 -$5,230 $22,855 Kelley Blue Book's Fair Purchase Price (FPP) relies on actual transactions from around the country and represents what a consumer can expect to pay prior to incentives.

All incentives listed are subject to change and may or may not be combined; check with your local dealer or manufacturer's website to verify local offers.

For more information and news from Kelley Blue Book's kbb.com, visit www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or @kelleybluebook), or like our page on Facebook at www.facebook.com/kbb.

About Kelley Blue Book (www.kbb.com) Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle valuation and information source trusted and relied upon by both consumers and the industry. Each week the company provides the most market-reflective values in the industry on its top-rated website www.kbb.com, including its famous Blue Book® Trade-In and Suggested Retail Values and Fair Purchase Price, which reports what others are paying for new cars this week. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies as well as governmental agencies. Kbb.com provides consumer pricing and information on minivans, pickup trucks, sedan, hybrids, electric cars, and SUVs. Kelley Blue Book's kbb.com ranked highest in its category for brand equity and was named Online Auto Shopping Brand of the Year by the 2012 Harris Poll EquiTrend® study. Kelley Blue Book Co. Inc. is a wholly owned subsidiary of AutoTrader.com.

SOURCE Kelley Blue Book

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