Car bargains on outgoing 2015 models

Car shoppers looking for great deals in the coming weeks should consider 2015 model year vehicles that are scheduled to be redesigned or refreshed for the 2016 model year, according to a new advisory from car shopping destination Edmunds.com.

The reason, according to Edmunds, is that dealers have extra urgency to sell these vehicles before the all-new models fill their lots.

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As a result, buyers stand to save thousands of dollars off Edmunds' True Market Value® (TMV®) price.

"Although manufacturers are poised to replace these vehicles with new-generation models, they still offer excellent value and performance," said Edmunds.com Senior Consumer Advice Editor Philip Reed. "Shoppers looking for the best possible deal on a new car right now would be smart to consider the savings these vehicles offer before they weigh any other options."

Edmunds counts at least 31 vehicles that are scheduled for a redesign or refresh for 2016, and are expected to deliver particularly deep discounts for outgoing models.

Based on pricing trend predictions, Edmunds highlights the following five vehicles that are likely to stand above the rest:

  • 2015 BMW 3 Series - A refreshed design of this iconic entry luxury car is coming later this year, pushing down prices on the soon-to-be-outdated model -- and in some parts of the country, it is already selling for over $1,500 below TMV®. BMW offers customer cash rebates along with attractive lease specials. Some rebate offers may also be combined with low-interest financing from dealers.
  • 2015 Chevrolet Volt – The long-anticipated Volt redesign will debut later this year, making the 2015 model a steal. With relatively low and stable gas prices, sales of the plug-in hybrid Volt are already lagging, so prices are low and incentives are plentiful. Edmunds Price Promise®offers are already almost $4,000 below TMV® on the 2015 Volt.
  • 2015 Honda Civic - A popular car for students and those on a budget, the Civic enjoys an A rating from Edmunds editors. Shoppers can find Edmunds Price Promise® offers on the outgoing Civic model ranging between $1,000 and $2,000 below TMV®.
  • 2015 Toyota Prius – With gas prices stable, and excitement building toward the release of a new model later this year, prices on the Prius – like the Chevy Volt – have fallen as much as $3,000 below TMV®. Adding a little sweet kick to the deal: Toyota is offering 0% financing for as long as 60 months to qualified buyers.
  • 2015 Volkswagen Passat – This handsome, refined European sedan is getting a mid-cycle refresh in the fall, pushing prices of the 2015 model over $1,000 below TMV® in some areas of the country. Customer cash incentives and 0% financing make the car a solid choice for families keeping an eye on their budget.

The rest of the vehicles are:

Chevrolet Camaro

Chevrolet Equinox

Honda Accord

Lexus RX 350

Toyota Prius

Toyota Tacoma

Audi TT
BMW X1
BMW 7 Series
Cadillac CTS-V
Chevrolet Silverado
Chevrolet Malibu
Chevrolet Spark
GMC Terrain
Jaguar XF
Kia Optima
Land Rover Ranger Rover
Lexus ES 350
Lincoln MKS
Mitsubishi Outlander
Mercedes-Benz M-Class
Nissan Altima
Nissan Sentra
Nissan Titan
Smart Fortwo
Toyota Avalon
Toyota RAV4