Here Are The 10 Best 4th Of July Car Deals
There are some excellent deals on new cars, trucks, and SUVs this Fourth of July. If you have a long weekend, it might be a good time to visit a dealership for a new ride this summer.
Dont forget to check your local listings beforehand, as some of these deals may be only available in select regions.
Here are some of the best new car deals you can get through this holiday weekend and beyond.
Are There Any Good Deals To Be Found On Used Cars On The Fourth Of July This Year
Most likely not. The average cost of used cars is hovering at around $34,000. And while the cost of used cars is decreasing a little every month, were still not out of the woods yet. As such, the prices for most, if not all used cars, will remain high for the fourth of July this year. If anything, you may be able to score a better deal on a new car depending on what you can find on dealer lots.
Why Is The 4th Of July A Good Time To Buy A Car
The Fourth of July holiday means a long weekend and more time to go car shopping. Car dealers know this and typically offer their best car deals on long weekends to entice buyers. Some dealerships will even offer a bonus to the salesman who makes the most sales over a long weekend. Car salesmen will offer deals over the holiday weekend for a few reasons:
Tip: To truly get a good deal, youll want to get prices from several dealerships. .
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Used Car Vs New Car Debate
Used cars are selling for the price they did at MSRP when they were new. If you MUST buy a car this week or next, used may be be your only option. Try to find a dealer offering a new car in stock at MSRP. Consider having it shipped from another part of the country. If that fails, buy the used car, only if you intend to KEEP it for 4 years. Purchase GAP protection. At the prices of used cars you are under-water before you leave the lot, unless you paid cash for it.
Used cars will continue to slide in value as new car inventories stabilize over the next year. As long as there are no new world crisis.
Consumer Reports 4th Of July Best New Car Deals
Car Shopping This 4th of July
After analyzing current national incentives focused on sedans, trucks and SUVs, Consumer Reports analysts found ten models worth considering that not only possess strong overall scores factoring in road-test performance, owner satisfaction, reliability, and safety but also range in new incentive discounts 9-5% below current MSRP sticker prices for this top car buying holiday weekend.
Related article: The Worst Deals on New Cars Right Now
While you may find some regional deals that offer as much in savingsor better, their list of the following 10 new car models listed will help you decipher the best deal to suit your needs, your desires and your wallet. And while these deals are not as discounted as last years 4th of July incentives-recommended vehicles, the selection is broader and differs significantly as to what was available back then.
The Best Deals List
That said, here are the current listings to help consumers find the new car deals to fit a range of budgets. Please note that according to CR analysts, All models featured below have nationwide incentives that are good until July 5, 2022.
BEST NEW CAR DEALS RECOMMENDED by CONSUMER REPORTS
1.2022 Chevrolet Equinox: 9% OffPrice Range: $26,050 – $32,850CR MPG: Overall 25 / City 17 / Hwy 34 mpgRated #7 of 22 Compact sport-utility vehicles
Selected Model: 2022 Chevrolet Equinox LT with 1LT AWDMSRP: $28,750Potential savings off MSRP: $2,572Bottom line price: $26,178
And finally
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Bmw 4th Of July Leasing
BMWs 3-year lease deals vary widely. The X1 and X2 small SUVs and 3 Series sports sedan all come in at around $500 per month with at least $4,000 down.
The best deal is on the small 2 Series coupe, which starts at $429 per month with $5,139 down. The X3 luxury compact SUV also has a great offer this month, with lease payments starting at $579 per month and $5,789 down.
Dealers Don’t Have To Offer Incentives Because There Are Fewer Cars To Sell
But not this year. The ongoing new car shortage, caused by supply chain bottlenecks and a lack of computer chips, means that dealers don’t need to offer much in the way of incentives. Some dealers may advertise sales but will ask customers to submit orders for future delivery. There just arent that many cars on the lot, according to analysts at Kelley Blue Book .
In fact, KBB reports that the sale price of a new car is at a record high. In May, the average new car sold for $47,148 the second-highest total on record. Nearly every buyer paid more than the sticker price last month, with most buyers paying more than $1,000 over the manufacturer’s suggested retail price .
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There Are Discounts So Dont Let Higher New Car Prices Deter You In 2022
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We have all seen the higher new car prices that have plagued the better part of 2021 and 2022. And those elevated price tags can easily deter most shoppers, youll be happy to know that there are many discounts to take advantage of. To make your shopping experience easier, here are some of the potential discounts on new cars and SUVS that you find this weekend according to Consumer Reports:
2022 Chevrolet Equinox LT with 1LT AWDMSRP: $28,750
How Can I Find My Best Deal
According to Kelley Blue Book, the average new car was going for more than $47,000 in May. This has left many shoppers hoping for holiday savings to lighten the blow. Since July 4 saving may not be all that you hoped for, there are still other ways you can save on a new car. Here are three tips on finding the best deal for your situation.
Finding your best deal may take a little work, but there are plenty of ways you can find the best deals for July 4, and all year long, it just takes a little research, and the right combination of dealers and lenders to fit your situation.
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Hyundai 4th Of July Leasing
If youre on a tight budget and looking for some of the cheapest lease deals available, Hyundai should be on your list. The majority of its leases come in around $200 per month with about $2,500 to $3,500 due at signing.
All leases run for 36 months. With around $3,200 down, you can lease the Elantra sedan for $189 per month or the larger Sonata for $239. Notable SUV deals include the subcompact Kona at $199, the compact Tucson at $249, and the midsize Santa Fe at $269. These lease incentives require $3,899 at signing.
The 3-row Palisade SUV starts at $416 per month with $3,799 down, while the Santa Cruz compact pickup truck has a monthly lease payment of just $254 with $3,699 due at signing.
Top 10 4th Of July Car Deals
After reviewing deals from all manufacturers, models, and body styles, here are my picks for the top 10 deals this October.
| 2.99% APR for 48 months |
| Lease Deal: |
| 1.9% APR for 60 months plus $500 in bonus cash |
| Lease Deal: |
| 1.49% APR for 48 months |
| Lease Deal: |
| 3.29% APR for 60 months |
| Lease Deal: |
| 1.9% APR for 36 months |
| Lease Deal: |
| 0.0% APR for 48 months plus $3,500 in bonus cash |
| Lease Deal: |
| 3.9% APR for 60 months |
| Lease Deal: |
| 0.0% APR for 36 months |
| Lease Deal: |
#10 Deal: 2023 Nissan Leaf
| Financing Offer: | 1.9% APR for 72 months |
| Lease Deal: |
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What If Im Shopping For A Car That Doesnt Have A Discounted Price
If the car that you have your heart set on isnt on the aforementioned list, then check with multiple dealerships in your area to check for any potential savings. Also, if you find that your local dealerships are only offering prices above MSRP, then here are some car-buying tips from Kelley Blue Book.
- Buy a car that is in stock: If youre shopping for a 2022 Honda Civic Touring, for example, but the dealership only has lower trims in stock, then consider one of those. Being flexible on your choice of trim, color, or options can lead to savings on the cars MSRP.
- Go for less-popular models: If youre in the market for a mid-size SUV, then chances are you wont find one in stock. If you do, then it will likely be overpriced. However, if you can make do with a mid-size sedan instead, then buying one could save you some money this weekend.
- Consider certified pre-owned vehicles: Certified pre-owned vehicles are lightly used vehicles that come with an extended basic and powertrain warranty. They also cost less than their new counterparts. So if youre not married to the idea of buying a new car, then buying a CPO car could save you money.
Fourth Of July Car Deals
If you’re in the market for a new car, this Fourth of July might be a good time to pull the trigger. With higher than average car prices and limited inventory, finding the right deal is even more important.
Car dealers are offering big cash back incentives, low-interest APR deals, and new car lease specials. Read on to find out why this holiday is good for car buyers and see a full list of all incentives across auto manufacturers.
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Jeep Grand Cherokee Wk
The Jeep Grand Cherokee WK doesnt have the perks of the all-new WL generation, but its still a great midsize SUV with impressive off-road chops. Theres a great deal on it this Fourth of July weekend 0% APR financing for 48 months plus $2,000 bonus cash. See 2022 Jeep Grand Cherokee models for sale near you
MSRP: $37,375Current offer: 0% APR financing for 48 months plus $2,000 bonus cashExpires: 7/5/22
Best 4th Of July Suv Deals
For a limited time, Ford is offering $2,000 in trade-in assistance bonus cash on the 2022 Explorer. However, this is a regional offer available in California and the only style that’s eligible is the Explorer XLT . In addition, the deal is only available when leasing rather than buying.
To qualify, you’ll need to have a 1995 or newer vehicle to trade-in or have a lease expiring around the same time. Alternatively, Ford is offering the same great deal on the smaller 2022 Escape , as well as the Ford Edge . Check Explorer Prices Near You »
Between July 1st and July 5th, Ford Edge buyers in California can score $4,000 in bonus cash. That’s an increase of $1,000 from the previous amount. However, the best part is that you can combine the $4,000 incentive with 0% financing for 72 months. Offers vary by region. Check Edge Prices Near You »
The zero-emission 2022 Chevy Bolt EUV offers an incredible deal in time for the Fourth of July. On June 8th, all versions became eligible for a $6,300 rebate deal, a massive improvement over the previous amount of just $500. Current Bolt lessees can get an extra $3,750 in loyalty cash for $10,050 in savings.
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Shop 4th Of July Chevrolet Discounts In El Paso
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Best 4th Of July Car Lease Deals
With the Fourth of July holiday approaching, there are some great leasing offers available with low monthly payments on many popular models.
Below are some of the best lease deals on sedans and SUVs available right now.
These offers may vary based on location, credit score, and financing terms and are not guaranteed. So use my free service to Check Discount Car Prices to get the best prices that include current manufacturer offers and incentives.
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Mazda 4th Of July Leasing
Mazda is offering competitive 3-year deals on the Mazda3 compact hatchback, starting as low as $259 per month with $2,499 due at signing. The CX-30 subcompact SUV starts at just $199 per month with $2,999 down, and the compact CX-5 SUV starts at $259 with the same money due at signing.
Even one of the most expensive Mazda leases, on the 3-row CX-9, carries a monthly payment of just $319 with $3,499 down.
Gmc 4th Of July Leasing
GMCs vehicles are more expensive than Chevrolets, though GMCs leasing offers are still competitive. For example, the Terrain small SUV is leasing for 2 years with payments as low as $259 per month with $4,679 due at signing.
The Sierra 1500 Limited full-size truck starts at $468 per month for 36 months with $5,750 due at signing. The smaller Canyon pickup carries a $294 monthly payment for 36 months with $5,000 down.
Its important to note that, like Buick and Chevrolet, GMCs lease deals often have special restrictions. The above lease deals are available to all shoppers with a good credit rating.
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A Complete Guide To The Best July 4th Car Deals
The automotive industry is experiencing extraordinarily high prices in 2022, but there are still ways to save money. One of the best ways to save is to look for manufacturer-sponsored car incentives like the deals featured on this page. To help you find the best 4th of July car sales, weve researched the offers from every car brand. Well add any other deals that are worth sharing, so be sure to bookmark this page and check back often.