The Best Summertime Wholesale Deals on Brand-New Vehicles

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

Model Year Transition

The end of summer marks the transition from one model year to the next. Dealers are keen to make space for the incoming models, which means they are more willing to offer significant discounts on the outgoing year's vehicles. According to Kelley Blue Book (KBB), this period is ripe with attractive deals across various makes and models.

Dealer Incentives

Dealers often provide substantial incentives to move inventory. These can include cash rebates, low or zero-percent financing, and special lease deals. Alec Gutierrez, a senior market analyst at Kelley Blue Book, advises consumers to do their homework online and then contact local dealers to negotiate the best price.

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: $25,045
• Deal: Lease for $334 per month for five years with 0% financing and $1,500 cash back.
• 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: $21,500
• Deal: 0% financing, available for $269 per month.
• Source: Mazda USA

Leasing Options

Leasing can be an attractive option, especially with the low-interest rates and high residual values of the 2012 model year vehicles. Here are some of the best lease deals available:

Chevrolet Malibu

• 2013 Model: Available for lease at $179 per month for two years with $1,939 down.
• Source: Chevrolet

Subaru Impreza

• 2012 Model: Lease for $169 per month for 49 months with $1,969 down.
• Source: Subaru

Ford Focus

• 2012 Model: Lease for $159 per month for two years with $2,378 down.
• Source: Ford

Honda Civic

• 2012 Model: Lease for $159 per month for three years with $1,999 down.
• Source: Honda

Honda Accord

• 2012 Model: Lease for $159 per month for two years with $2,778 down.
• Source: Honda

Interesting Stats

• Average Savings: Consumers can save an average of $3,000 by purchasing a vehicle at the end of the model year. Source: Edmunds
• Lease Popularity: Leasing accounted for 31% of all new vehicle transactions in 2022, up from 27% in 2019. Source: Experian
• Financing Rates: The average interest rate for new car loans was 4.21% in 2022, compared to 4.60% in 2021. Source: Bankrate

Conclusion

The end of summer is an excellent time to buy or lease a new vehicle. With dealers eager to clear out their inventory, consumers can take advantage of significant discounts, low financing rates, and attractive lease offers. By doing thorough research and negotiating with local dealers, you can find the perfect car at a great price.

This article provides a comprehensive guide to the best end-of-summer deals on new vehicles, offering detailed information on various models and their respective offers. By leveraging this information, consumers can make informed decisions and secure the best possible deals on their next vehicle purchase or lease.