US: A good month to buy green cars, TrueCar says image

Ahead of Earth Day on April 22, customers looking for a green car could save up to 13 percent from the listed price, according to a TrueCar report.

There are some serious savings to be made this month for those who plan on a variety of fuel-efficient cars thanks to incentives and government rebates, TrueCar said in report this week. “Sustained low prices for fuel, along with state and federal incentives for plug-in hybrid and all-electric models, has made it more affordable than ever for consumers to go green,” said Eric Lyman, TrueCar’s vice president of industry insights. “California, the biggest market for plug-ins and electric vehicles, has also increased rebates this year for qualified electric-drive models to encourage more sales to middle-income consumers – and eliminating rebates to wealthier individuals earning $250,000 or more a year and families with combined incomes of $500,000 and above.”

Therefore, which green cars are to be found at a discount this month? According to TrueCar, big savings can be made buying Hyundai’s 2016 Sonata Hybrid sedan, currently transacting for 13 percent off of listed price, followed by Toyota’s 2016 Camry Hybrid SE, with as much as an 11 percent discount, while Ford’s 2016 C-Max Hybrid SE hatchback also has double-digit savings of 10 percent.

Among the best financing offers, 2016 Toyota Prius has a 0 percent financing for up to 48 months, 2.9 percent financing for 48 months for the 2017 Chevrolet Volt, or 2016 Nissan Leaf for 0 percent financing for up to 72 months. As for the lease offers, the best “green” one is for the 2016 Lexus RX Hybrid AWD, at 559 dollars per month for 36 months and a 3,999 dollars down payment. For consumers seeking even more exotic options, Toyota has a 60-month, no-interest loan promotion for its hydrogen-powered Mirai fuel cell sedan.