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 current inventory to make room for next year's models. This means significant savings for savvy shoppers. From attractive financing rates to enticing lease offers, there are plenty of opportunities to drive away in a new vehicle without breaking the bank.
As the end of the summer approaches, dealerships are under pressure to sell off their current year's models to make space for the upcoming ones. This urgency translates into substantial discounts and incentives for buyers. According to Kelley Blue Book (KBB), many of these deals are available on some of the most popular and newly redesigned models.
Alec Gutierrez, a senior market analyst at Kelley Blue Book, advises consumers to do their research online and then email local dealerships with their offers. "Try to get the dealerships to compete for your business," he suggests. This strategy can often result in significant savings.
Here are some of the best deals available on well-equipped compact and mid-sized cars, as well as crossovers. Most of these offers are valid until the end of November.
Leasing can be an excellent option, especially with the low-interest rates and high used car values currently available. Here are some standout lease deals:
If you're in the market for a new vehicle, now is the time to act. With dealerships eager to clear out their 2022 models, there are plenty of deals to be had. Whether you're looking to buy or lease, doing your research and negotiating with multiple dealerships can help you secure the best possible deal.
For more information on current vehicle deals and expert advice, visit Kelley Blue Book and Edmunds.
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