The Ultimate Summer Deals on New Cars

May 30
16:11

2024

jodie mht

jodie mht

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Summer is the perfect time to snag a great deal on a new car. As the season winds down, dealerships are eager to clear out their inventory to make room for next year's models. This means significant discounts, rebates, and financing offers on some of the most popular and newly redesigned vehicles. Whether you're looking to buy or lease, there are plenty of attractive deals to be found.

Why Summer is the Best Time to Buy a Car

As the end of the year approaches,The Ultimate Summer Deals on New Cars Articles car dealerships are under pressure to sell off their current inventory to make space for the upcoming models. This creates a buyer's market, with dealerships offering substantial incentives to move their stock. According to Kelley Blue Book, the end of summer is one of the best times to buy a car because of these incentives and the availability of a wide range of models and trims.

Key Statistics

  • Average Savings: Consumers can save an average of $3,000 on new cars during end-of-summer sales (source: Edmunds).
  • Financing Offers: Many manufacturers offer 0% financing on select models, which can save buyers thousands of dollars over the life of the loan (source: Kelley Blue Book).

Top Deals on Popular Models

Hyundai Accent GLS

  • MSRP: $13,330
  • Monthly Payment: $232
  • Financing: 3.9% APR

The Hyundai Accent GLS is a well-equipped subcompact car that offers excellent value for money. With a low monthly payment and competitive financing rates, it's an attractive option for budget-conscious buyers.

Toyota Camry LE

  • MSRP: $23,360
  • Monthly Payment: $334 for 60 months
  • Financing: 0% APR
  • Cashback: $1,600

The Toyota Camry LE is one of the best-selling sedans in the market. With 0% financing and a substantial cashback offer, it's a deal that's hard to pass up.

Fiat 500

  • MSRP: $16,190
  • Monthly Payment: $248
  • Financing: 0% APR

The Fiat 500 is a stylish and compact car that's perfect for city driving. The 0% financing offer makes it even more appealing.

Mazda3

  • MSRP: $17,640
  • Monthly Payment: $269
  • Financing: 0% APR

The Mazda3 is known for its sporty design and excellent driving dynamics. With 0% financing, it's a great option for those looking for a fun-to-drive compact car.

Attractive Lease Deals

If leasing is more your style, there are plenty of attractive lease deals available as well. Here are some of the best options:

Chevrolet Malibu LS

  • Monthly Payment: $179 for 24 months
  • Down Payment: $1,939

The Chevrolet Malibu LS offers a comfortable ride and a spacious interior. With a low monthly lease payment, it's a great option for those looking for a mid-sized sedan.

Subaru Impreza

  • Monthly Payment: $169 for 42 months
  • Down Payment: $1,969

The Subaru Impreza comes with all-wheel drive, making it a great choice for those in regions with harsh weather conditions. The lease deal is very competitive, making it an excellent value.

Ford Focus

  • Monthly Payment: $159 for 24 months
  • Down Payment: $2,378

The Ford Focus is a well-rounded compact car that offers a good balance of performance and comfort. The lease deal is particularly attractive for those looking for a short-term commitment.

Honda Fit LX

  • Monthly Payment: $159 for 36 months
  • Down Payment: $1,999

The Honda Fit LX is known for its versatility and fuel efficiency. The lease deal makes it an affordable option for those looking for a reliable subcompact car.

Ford Fusion

  • Monthly Payment: $159 for 24 months
  • Down Payment: $2,778

The Ford Fusion is a mid-sized sedan that offers a comfortable ride and a range of features. The lease deal is particularly attractive given the car's overall value.

Conclusion

The end of summer is a prime time to buy or lease a new car. With dealerships eager to clear out their inventory, there are plenty of deals to be had. Whether you're looking for a subcompact, a mid-sized sedan, or something in between, now is the time to take advantage of these offers. Do your research, compare deals, and don't hesitate to negotiate to get the best possible price.

For more information on the best car deals, check out Edmunds and Kelley Blue Book.

Sources:

  1. Edmunds
  2. Kelley Blue Book