The Best Summertime Wholesale Deals on New Cars

May 30
16:13

2024

jodie mht

jodie mht

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Summertime is the perfect season to snag a great deal on a new car. As dealerships prepare for the arrival of next year's models, they offer significant discounts and incentives to clear out their current inventory. This article explores the best wholesale offers on new cars, providing detailed insights and statistics to help you make an informed decision.

Why Summer is the Best Time to Buy a New Car

End of Model Year Clearance

As the summer season winds down,The Best Summertime Wholesale Deals on New Cars Articles dealerships are eager to make room for the upcoming year's models. This urgency translates into substantial savings for consumers. According to Kelley Blue Book, the end of the model year is one of the best times to buy a car because dealers are motivated to clear out their inventory.

Attractive Financing and Lease Offers

Dealerships often provide generous rebates, low-interest financing, and attractive lease deals during this period. These offers are not limited to leftover models; they often include some of the best-selling and newly redesigned vehicles.

Top Deals on Popular Models

Hyundai Accent GLS

  • MSRP: $13,320
  • Monthly Payment: $232
  • Financing: 3.9% APR

Toyota Camry CE

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

Fiat 500

  • MSRP: $16,250
  • Monthly Payment: $248
  • Financing: 0% APR
  • Cashback: $500

Mazda3

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

Best Lease Deals

Chevrolet Malibu LS

  • Monthly Payment: $179 for 36 months
  • Down Payment: $1,939

Subaru Impreza

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

Honda Focus

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

Honda Fit LX

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

Ford Fusion

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

Expert Tips for Getting the Best Deal

Do Your Research

Alec Gutierrez, a senior market analyst at Kelley Blue Book, advises consumers to conduct thorough research online before visiting dealerships. Utilize resources like Kelley Blue Book and Edmunds to compare prices and read reviews.

Negotiate via Email

Gutierrez also recommends contacting local dealers via email to negotiate the best price. This approach allows you to get multiple quotes and leverage them against each other to secure a better deal.

Consider Trade-Ins

If you have a vehicle to trade in, use it as a bargaining chip. Dealers are often willing to offer better deals if you trade in your old car.

Little-Known Stats About Car Buying

  • Depreciation: New cars lose about 20% of their value within the first year. (Source: Carfax)
  • Average Loan Term: The average car loan term in the U.S. is 69 months. (Source: Experian)
  • Leasing Popularity: Approximately 30% of new car transactions are leases. (Source: Edmunds)

Conclusion

Summertime offers a golden opportunity to purchase or lease a new car at a significant discount. By doing your research, negotiating effectively, and considering trade-ins, you can maximize your savings. Whether you're looking for a compact sedan or a family-friendly SUV, the end of the model year is the ideal time to make your move.

This article provides a comprehensive guide to the best summertime wholesale deals on new cars, complete with expert tips and little-known statistics. By taking advantage of these offers, you can drive away in a new vehicle without breaking the bank.

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