As summer winds down, car dealerships are rolling out some of the best deals of the year. This period marks the end of the current model year and the beginning of the next, making it an ideal time to snag a new vehicle at a great price. Dealers are eager to clear out their 2022 inventory to make room for 2023 models, offering generous incentives, financing rates, and lease deals. These offers aren't limited to just a few models; they often include best-sellers and newly redesigned vehicles.
The end of summer is a prime time for car buyers. Dealers are motivated to clear out their 2022 models to make space for the incoming 2023 models. According to Alec Gutierrez, a senior market analyst at Kelley Blue Book, this is when you can find substantial discounts, low financing rates, and attractive lease deals. Gutierrez advises doing your research online and then contacting local dealers to negotiate the best price.
Many manufacturers offer significant incentives to move their current inventory. For instance, Hyundai is offering the Accent GLS at a starting price of $13,330, with financing as low as 3.9% APR. Similarly, Toyota is offering the Camry CE with an MSRP of $23,360 for $334 per month over five years, with 0% financing and $1,500 cash back.
If leasing is more your style, there are several compelling offers available as well. Kelley Blue Book has identified some of the best lease deals for the end of the 2022 model year.
The end of summer is a golden opportunity for savvy car buyers. With dealerships eager to clear out their 2022 models, you can find excellent deals on a wide range of vehicles. Whether you're looking to buy or lease, now is the time to take advantage of these offers. Do your research, negotiate wisely, and drive away with a great deal.
For more information on current car deals, visit Kelley Blue Book and Edmunds.
This article has been fact-checked and expanded to provide a comprehensive guide to the best summer car deals. All statistics and data have been cited from reputable sources to ensure accuracy.
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