The Burger King logo is seen at its fast food restaurant branch in Danville, Pennsylvania
Burger King and McDonald's are both offering $5 meal deals for a limited period.
  • Del Taco is the latest chain to offer a new lower-price combo deal.
  • Other fast-food chains like Burger King and McDonald's are also involved in the value wars.
  • Chains are trying to lure diners back in after high fast-food prices have turned many away.

The fast food wars are heating up.

In July, Del Taco became the latest chain to release a revamped value deal, offering 15 items at $2 and under.