Top Summer Season Discounts on New Cars

May 30
16:17

2024

adawong1

adawong1

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Summary: As summer winds down, car dealerships are eager to clear out their 2012 models to make room for the incoming 2013 versions. This period is a golden opportunity for savvy buyers to snag great deals, low financing rates, and attractive lease specials. With some research and negotiation, you can drive away with a well-equipped vehicle at a fraction of the cost. Here are some of the best deals available this season.

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

The end of summer marks a critical period for car dealerships. As they prepare for the arrival of new models,Top Summer Season Discounts on New Cars Articles they are keen to clear out their existing inventory. This urgency translates into significant discounts and attractive financing options for consumers. According to Alec Gutierrez, a senior market analyst at Kelley Blue Book, "Dealers are motivated to move their 2012 models, and this can result in substantial savings for buyers."

Top Car Deals for 2012 Models

Hyundai Accent GLS

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

Toyota Camry CE

  • MSRP: $23,360
  • Monthly Payment: $334 for 5 years
  • Financing: 0% APR
  • Cash Rebate: $1,400

Fiat 500

  • MSRP: $16,190
  • Financing: 0% APR
  • Cash Rebate: $500
  • Monthly Payment: $248

Mazda3

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

Attractive Lease Deals

Chevrolet Malibu LS

  • Monthly Payment: $179 for 2 years
  • Down Payment: $1,939

Subaru Impreza

  • Monthly Payment: $169 for 38 months
  • Down Payment: $1,969

Ford Focus

  • Monthly Payment: $159 for 2 years
  • Down Payment: $2,378

Kia Forte LX

  • Monthly Payment: $159 for 3 years
  • Down Payment: $1,999

Ford Edge

  • Monthly Payment: $159 for 2 years
  • Down Payment: $2,778

How to Get the Best Deal

  1. Research Online: Start by researching the best deals online. Websites like Kelley Blue Book and Edmunds offer comprehensive reviews and pricing information.
  2. Contact Local Dealers: Email local dealerships with your desired price and see who is willing to match or beat it.
  3. Negotiate: Don't be afraid to negotiate. Dealers are often willing to lower prices to move inventory.

Interesting Stats

  • Average Car Loan Interest Rate: As of 2023, the average interest rate for a new car loan is around 4.21% (Source: Bankrate).
  • Depreciation: New cars lose about 20% of their value within the first year (Source: Carfax).
  • Lease vs. Buy: Approximately 30% of new car transactions are leases (Source: Experian).

Conclusion

The end of summer is a prime time to purchase or lease a new car. With dealerships eager to clear out their 2012 models, buyers can take advantage of significant discounts, low financing rates, and attractive lease deals. By doing thorough research and negotiating effectively, you can drive away with a great deal on a new vehicle.

This article provides a comprehensive guide to the best car deals available at the end of the summer season. For more detailed information, visit Kelley Blue Book and Edmunds.

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