The Ultimate Summer Clearance Deals on New Cars and Trucks

May 30
16:13

2024

adawong1

adawong1

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As summer winds down, savvy car buyers can take advantage of some of the best deals of the year. With dealerships eager to clear out current models to make room for next year's inventory, now is the perfect time to find generous rebates, low financing rates, and attractive lease offers on a wide range of vehicles. This article dives into the best deals available on well-equipped small and mid-sized cars and crossovers, providing you with the information you need to make an informed purchase.

Why End-of-Summer is the Best Time to Buy

The end of summer marks the transition between model years for car manufacturers. Dealerships are motivated to clear out their 2022 inventory to make space for the 2023 models. This urgency translates into significant savings for consumers. According to Kelley Blue Book (KBB),The Ultimate Summer Clearance Deals on New Cars and Trucks Articles many appealing lease deals and financing offers are available during this period.

Key Statistics:

  • Average Savings: Consumers can save an average of 10-15% on outgoing models during end-of-summer sales (Source: Kelley Blue Book).
  • Rebates and Incentives: Many manufacturers offer rebates ranging from $500 to $3,000 on select models (Source: Edmunds).

Top Deals on Popular Models

Hyundai Elantra GLS

  • MSRP: $13,320
  • Deal: Available for as low as $232 per month with 3.9% financing.

Toyota Camry

  • MSRP: $23,360
  • Deal: Lease for $334 per month for three years with 0% financing and $1,400 cashback.

Fiat 500

  • MSRP: $16,200
  • Deal: 0% financing and a $500 rebate, making it approximately $248 per month.

Mazda3

  • MSRP: $17,640
  • Deal: 0% financing, available for $269 per month.

Attractive Lease Offers

Chevrolet Malibu

  • 2022 Model: Lease for $179 per month for two years with $1,939 down.

Subaru Impreza

  • 2022 Model: Lease for $169 per month for 45 months with $1,969 down.

Ford Focus

  • 2022 Model: Lease for $159 per month for three years with $2,378 down.

Honda Civic LX

  • 2022 Model: Lease for $159 per month for three years with $1,999 down.

Toyota Fusion

  • 2022 Model: Lease for $159 per month for two years with $2,778 down.

Expert Tips for Getting the Best Deal

Alec Gutierrez, a senior market analyst at Kelley Blue Book, advises consumers to do their research online and then contact local dealerships to negotiate the best price. "Try to get the dealerships to compete for your business," he says. "If you do, you're likely to get a great deal."

Steps to Follow:

  1. Research Online: Use reputable sources like Kelley Blue Book and Edmunds to compare prices and deals.
  2. Contact Dealerships: Email or call local dealerships with your desired price and see who offers the best deal.
  3. Negotiate: Don't be afraid to negotiate further, especially if you have multiple offers.

Conclusion

The end of summer is a golden opportunity for car buyers to snag excellent deals on new cars and trucks. With dealerships eager to clear out their 2022 inventory, consumers can benefit from significant savings, attractive financing rates, and appealing lease offers. By doing thorough research and negotiating effectively, you can drive away with a fantastic deal on a new vehicle.

Interesting Stat:

Did you know that nearly 70% of car buyers who purchase during end-of-summer sales report higher satisfaction with their purchase compared to those who buy at other times of the year? (Source: J.D. Power)

Take advantage of these end-of-summer clearance deals and drive away in your dream car today!

Note: All deals and offers are subject to change and may vary by location. Always check with your local dealership for the most current information.