The Chevrolet Bolt is among the best new-car deals for Presidents Day 2021 and beyond
Chevrolet Bolt

February can be a great time to buy a new car, thanks to Presidents Day deals offered by most car brands. These discounts can lower purchase prices, and they can also sweeten lease deals and reduce interest rates.

But regardless of how enticing these deals can look, shoppers should do their research before getting serious about a purchase. There's always a reason why some models have bigger discounts than others, such as seasonality or an upcoming redesign, or perhaps it is a long-running vehicle with sales that have fallen behind fresher competition.

To accelerate the shopping process, our analysts have studied the latest nationwide offers, then calculated the potential savings when factoring in customer rebates, dealer incentives, and dealer holdbacks.

More on Car Buying

To make sure the vehicles we highlight represent smart buys, we concentrated on models with a strong Overall Score, factoring road-test performance, owner satisfaction, reliability, and safety. (Learn more about CR car ratings here.)

Below, we list potential savings and negotiation target prices. The cars are in descending order based on the percent of potential savings. The savings span from 13 to 18 percent off the original sticker price. Actual dollar-amount savings can range from $6,501 off a Chevrolet Bolt to $3,029 off the Hyundai Kona. For all these vehicles, however, actual savings will depend on local supply and demand. 

Just beyond this top 10 list is quite a few other compelling models with a least 11 percent off in potential savings, including the Dodge Charger, Kia Stinger, Nissan AltimaToyota Corolla, and Toyota Highlander.

All nationwide incentives featured here are good until March 1, 2021. Similar discounts can be found on other versions in addition to those spotlighted. (See all current Best New Car Deals.)

Armed with this information, shoppers can negotiate a budget-friendly price on these cars, or use a convenient service like Consumer Reports’ Build & Buy.


Shop CR's Car Buying Service From Home

The Consumer Reports Build & Buy Car Buying Service is evolving to face the challenges during the pandemic. Our service allows you to access a nationwide network of more than 16,000 dealers to provide upfront pricing information and a certificate to receive guaranteed savings off MSRP.

A growing number of dealerships in the network are part of a Buy From Home program, which allows buyers to complete the buying process without going to a dealership. Participating dealerships take you through the paperwork remotely and deliver a sanitized vehicle right to your home, all at a fair price. Those dealers have a special banner on the site that says “Buy From Home: Have your vehicle delivered to you and complete your paperwork at home.”


Chevrolet Equinox: 18% Off

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2021 Chevrolet Equinox

Price Range: $23,800 - $33,000

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Chevrolet Bolt: 16% Off

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2021 Chevrolet Bolt

Price Range: $36,500 - $41,700

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Buick Encore: 15% Off

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2021 Buick Encore

Price Range: $23,200 - $25,220

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Kia Sportage: 14% Off

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2021 Kia Sportage

Price Range: $24,090 - $35,250

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Buick Enclave: 13% Off

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2021 Buick Enclave

Price Range: $40,000 - $56,000

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GMC Acadia: 13% Off

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2021 GMC Acadia

Price Range: $29,800 - $48,300

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Hyundai Kona: 13% Off

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2021 Hyundai Kona

Price Range: $20,500 - $45,600

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Hyundai Sonata: 13% Off

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2021 Hyundai Sonata

Price Range: $23,700 - $33,950

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Hyundai Tucson: 13% Off

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2021 Hyundai Tucson

Price Range: $23,700 - $33,450

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Nissan Altima: 13% Off

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2021 Nissan Altima

Price Range: $24,300 - $34,100

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Tips for Buying a New Car

There are a lot of things to consider when buying a new car. On the "Consumer 101" TV show, Consumer Reports expert Kelly Funkhouser explains to host Jack Rico what to look for before taking a test drive.