The Best Summer Deals on New Cars and Trucks

May 30
16:15

2024

jodie mht

jodie mht

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Summer is the perfect time to snag a great deal on a new car or truck. As the model year comes to a close, dealerships are eager to clear out their inventory to make room for next year's models. This means significant savings for savvy shoppers. From attractive financing rates to generous lease offers, there are plenty of opportunities to drive away in a new vehicle at a fraction of the cost. Here’s a detailed look at some of the best deals available this summer.

Why Summer is the Best Time to Buy

The end of summer marks the transition between model years for car manufacturers. Dealerships are motivated to sell off their current year models to make space for the incoming ones. This urgency translates into substantial discounts and incentives for buyers. According to Edmunds,The Best Summer Deals on New Cars and Trucks Articles a leading automotive research site, the end of the model year is one of the best times to buy a car due to the high volume of incentives and rebates available.

Top Deals on Popular Models

Toyota Camry LE

  • MSRP: $23,300
  • Lease Offer: $334 per month

The Toyota Camry LE is a perennial favorite among midsize sedans. This summer, you can lease it for just $334 per month. With its reputation for reliability and comfort, the Camry is an excellent choice for families and commuters alike.

Hyundai Accent GLS

  • MSRP: $13,330
  • Lease Offer: $232 per month with 3.9% financing

The Hyundai Accent GLS offers a budget-friendly option without compromising on features. This compact car is available for as low as $232 per month, making it an attractive option for first-time buyers or those looking for an economical second vehicle.

Fiat 500

  • MSRP: $16,200
  • Financing Offer: 0% financing plus $500 cashback
  • Lease Offer: $248 per month

The Fiat 500 is a stylish subcompact car that combines European flair with practicality. This summer, you can take advantage of 0% financing and a $500 cashback offer, bringing your monthly payments down to around $248.

Mazda3

  • MSRP: $17,640
  • Financing Offer: 0% financing
  • Lease Offer: $269 per month

The Mazda3 is known for its sporty performance and sleek design. With 0% financing available, you can drive this dynamic sedan for just $269 per month.

Attractive Lease Offers

If leasing is more your style, there are plenty of appealing options available this summer. Here are some of the best lease deals on the market:

Chevrolet Malibu

  • Lease Offer: $179 per month for 24 months with $1,939 down

The Chevrolet Malibu offers a comfortable and spacious ride. You can lease the 2012 model for just $179 per month, making it an affordable option for those looking for a reliable midsize sedan.

Subaru Impreza

  • Lease Offer: $169 per month for 42 months with $1,969 down

The Subaru Impreza, with its all-wheel drive and recent redesign, is available for $169 per month. This makes it an excellent choice for those who need a versatile vehicle that can handle various driving conditions.

Ford Focus

  • Lease Offer: $159 per month for 24 months with $2,378 down

The Ford Focus is a compact car that offers a blend of efficiency and performance. You can lease it for $159 per month, making it a great option for city dwellers and daily commuters.

Kia Forte

  • Lease Offer: $159 per month for 36 months with $1,999 down

The Kia Forte LX is available for a three-year lease at $159 per month. This compact sedan offers a comfortable ride and a host of standard features, making it a great value.

Hyundai Sonata

  • Lease Offer: $159 per month for 24 months with $2,778 down

The Hyundai Sonata, with its recent redesign, is available for a two-year lease at $159 per month. This midsize sedan offers a spacious interior and a smooth ride, making it a great choice for families.

Conclusion

Summer is an excellent time to buy or lease a new car or truck. With dealerships eager to clear out their current inventory, there are plenty of deals to be had. Whether you're looking for a budget-friendly compact car or a spacious midsize sedan, there are options available to suit every need and budget. Be sure to do your research and take advantage of the incentives and rebates available to get the best deal possible.

For more information on the best times to buy a car, check out Edmunds and Kelley Blue Book.

Interesting Stats

  • According to a study by J.D. Power, 40% of car buyers are influenced by seasonal promotions.
  • The average discount on a new car at the end of the model year can be as high as 10% off the MSRP, according to Consumer Reports.

By taking advantage of these summer deals, you can drive away in a new car or truck while saving a significant amount of money. Happy shopping!