As a knowledgeable vehicle consumer, it’s important that you understand when dealerships have sales going on. This can allow you to purchase the SUV that you want at a cheaper than full retail price. Doing a quick online search for SUV models that have the best deals will reveal some of the most affordable SUVs on the market today.
One of the best times of the year to shop for a new SUV is at the beginning of the new year. Most vehicle dealerships don’t have an influx of clients after the new year and they struggled to meet sales goals. For this reason, they’re willing to reduce the price on cars to make the sale.
Holiday Season Deals
Another popular time of year to enjoy reduced prices on your favorite SUV models is right after the holiday season. Most people still have off of work and can invest their time in going to a car dealership to test drive and inspect the car that they want to buy. Dealerships know that people are more likely to be able to visit their location just after the holiday season since they are not working. For this reason, they reduced the price right after the holiday season to help sell more vehicles.
Many SUV dealerships know that the end of the year is our last chance to boost their sales for the entire year. If they did not reach their goals, they’re more likely to reduce the cost of their current inventory to do so. Having the dealership in a position where they need you to buy a vehicle allows you to negotiate better and reduce the price of the SUV model that you want to purchase.
Car dealerships take advantage of knowing that at the beginning of the year, many people receive bonuses and raises from their employer. This gives them extra money to enjoy the purchase of a new SUV. While these people are in the holiday spirit of spending loads of money on things like Christmas gifts, they’re more willing to purchase vehicles from their local car dealership.
At the beginning of the new year, dealerships start to roll out some of their newer model vehicles. This creates a dramatic need to reduce the inventory of the previous year’s SUVs. Many dealerships will reduce the price of the previous year’s SUV models to get some to sell faster. This is good news for consumers, as they can get the SUV that they want for much cheaper.
Labor Day Deals
A great time of year to shop to get a new SUV is Labor Day. Many car dealerships offer significant discounts during this time of the year. September signifies the start of the last quarter of the year. Many dealerships take this time of year to assess their current inventory and get ready to bring in their new year models. This creates a significant need to downsize their old inventory. This translates to lower prices for the consumer.
Talk to any industry expert, and they can easily reveal that Labor Day signifies the start of the main clearance season for all of the previous year’s models. This is why most recommend car buyers to head to their local dealerships during this holiday. Dealerships are more likely to negotiate prices around Labor Day and up throughout the new year. For this reason, you should start looking for your SUV around Labor Day.
Top Selling Models
If you’re like most people in need of an SUV, your family is expanding. Having the extra space that an SUV offers is irreplaceable when it comes to a growing family. When you first start out your buying experience, you likely are not sure what make or model vehicle you want to purchase. With so many options out there, it can be difficult to discern which ones are better than others.
Hyundai Sante Fe
One of the top-selling SUV models happens to be the Hyundai Santa Fe. This is an absolute favorite for many younger couples who are starting to grow their families. This vehicle is offered in both a full-size model that offers an extra row of seating and a sports model. This stylish SUV allows one to transition from driving a car to upgrading to an SUV.
Jeep Grand Cherokee
Next up on the list of popular SUV models is the Jeep Grand Cherokee. Jeep has always been a reliable brand, and many who purchase a Jeep end up sticking with the brand for their entire life. When Labor Day rolls around, you’ll get to see some amazing incentives on Jeep products. Most retailers will offer the Jeep Grand Cherokee for $5,000 off of MSRP.
If riding in high-quality style is more of your thing, then you may want to consider the Cadillac Escalade. This is a very popular SUV model that provides an extraordinary level of comfort and luxury that other makes do not. During the holiday season, you’ll likely find the Cadillac Escalade available for zero percent financing and even some cash back offers that you can take advantage of.
Infinity is making waves with its new QX80 luxury SUV. This full-size SUV is typically available with 1.9 percent financing at any local Infiniti dealership. The QX80 is a perfect solution for those who want a high level of luxury without the big price tag that comes along with the Cadillac Escalade.
If you’ve always been a fan of the Ford models, then you’ll want to check out the new Ford Edge. During the right time of the year, the Ford Edge is available with 0 percent financing and comes with many cash back offers. The Edge is the perfect SUV for those needing extra seating and who aren’t concerned with such a high level of luxury, like those who want to drive a Cadillac Escalade.
For those who are interested in purchasing a new SUV this year, waiting until Labor Day to do so is in your best interests. This is the best time of year to ensure that you get access to all the best deals and low financing rates. Remember that these rates are only available for those who qualify. It’s best to check in with your local dealership to see what sort of deals they have on their SUV models and what you need to do to qualify for them.