It's no secret that drivers are willing to go to great lengths to find great deals on new cars. Incentives, sales and the general effect of supply and demand all constantly impact how much motorists pay for a vehicle, making it important to stay on top of which automobiles offer the best value.
TrueCar recently looked at the month's top "Steals on Wheels," which ranks the average transaction prices of new cars as compared to the suggested retail price. According to the analysis, the 2013 Nissan Quest SV currently offers an average saving of 15.1 percent off the MSRP, making it a top option for motorists looking for value. It is closely followed by the 2013 Ford Expedition XLT, the 2013 Cadillac SRX and the 2013 BMW X5, all of which boast average savings of more than 13 percent.
"If you are in the market for a new family vehicle with lots of room for everyone, you're in luck: all top 10 vehicles with the biggest discounts this month are either minivans or large/luxury SUVs," said TrueCar analyst Jesse Toprak. "Consumers thinking about purchasing an SUV later in the year may be better off buying one in the late summer months as prices for the segment tend to increase substantially near the beginning of the winter."
The "Steals on Wheels" rankings take mileage and monthly payments into account, but it does not account for things like tune ups or vehicle maintenance that could run up the price.