The Best Summer Wholesale Deals on New Vehicles

Why End of Summer is the Best Time to Buy

The end of summer is a strategic time for car buyers. Dealers are eager to make room for the upcoming models, which means they are more willing to offer substantial discounts on the outgoing models. According to Alec Gutierrez, a senior market analyst at Kelley Blue Book, "With a little digging, you should be able to find the make, model, and features you want at a lower price."

Key Reasons to Buy Now:

• Inventory Clearance: Dealers need to clear out old models to make space for new ones.
• Low-Interest Rates: Many manufacturers offer low or 0% financing options.
• Cash Rebates: Additional cash incentives can further reduce the purchase price.
• Lease Offers: Attractive lease deals are available for those who prefer leasing over buying.

Top Deals on Popular Models

Hyundai Elantra GLS

• MSRP: $19,650
• Deal: Available for as low as $232 per month with 3.9% financing.
• Source: Hyundai USA

Toyota Camry LE

• MSRP: $24,970
• Deal: Purchase for $334 per month for five years with 0% financing and $1,400 cash rebates.
• Source: Toyota USA

Fiat 500

• MSRP: $16,495
• Deal: 0% financing and a $500 rebate, making it approximately $248 per month.
• Source: Fiat USA

Mazda3

• MSRP: $20,500
• Deal: 0% financing, available for $269 per month.
• Source: Mazda USA

Attractive Lease Offers

If leasing is more your style, there are several compelling offers available:

Chevrolet Malibu

• Deal: Lease a 2023 Malibu for $179 per month for three years with $1,939 down.
• Source: Chevrolet USA

Subaru Impreza

• Deal: Lease for $169 per month for 45 months with $1,969 down.
• Source: Subaru USA

Hyundai Elantra

• Deal: Lease for $159 per month for two years with $2,378 down.
• Source: Hyundai USA

Kia Forte

• Deal: Lease a Forte LX for $159 per month for three years with $1,999 down.
• Source: Kia USA

Toyota Corolla

• Deal: Lease a 2023 model for $159 per month for two years with $2,778 down.
• Source: Toyota USA

Interesting Stats

• Average Savings: According to Edmunds, buyers can save an average of $3,000 by purchasing a car at the end of the model year.
• Lease Popularity: Over 30% of new car transactions are leases, according to Experian.
• Financing Trends: Nearly 85% of new car purchases are financed, with an average loan term of 69 months.

Conclusion

The end of summer is a golden opportunity for car buyers. With dealers eager to clear out their inventory, you can find excellent deals on both purchases and leases. Whether you're looking for a compact car, a mid-sized sedan, or a crossover, now is the time to act. Do your research, compare offers, and negotiate to get the best deal possible.

For more information on current deals and financing options, visit Kelley Blue Book and Edmunds.

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