Best buy new cars: The Most Discounted New Cars Right Now

Aug 28, 2023 alexxlab

The Most Discounted New Cars Right Now

Discounts on cars are as hard to find as cars themselves because of the pandemic and related supply and demand forces. But Consumer Reports’ analysis shows that there are still cars, trucks, and SUVs that are selling for less than the sticker price. These are sometimes for specific trims or drive-wheel configurations rather than consistent savings across a model range.

We recently published the best nationwide incentives for models recommended by Consumer Reports, the best new-car deals, and the best new SUV deals. These forward-looking pieces show where the best deals on good cars and SUVs can be found.

For the analysis presented here, we looked back at recent transaction data from TrueCar.com, a CR partner, to see where people are finding significant savings off the sticker price. The discounts are smaller than usual, although there’s still potentially more money to be saved on many vehicles through negotiation and shopping around. The savings can often be a couple of percentage points more than the typical transaction.

This underscores the importance of knowing how much room is available for negotiation and what others have paid, information that’s available on our car model pages. Extra savings are available, and people are leaving money on the table.

Transaction prices remain elevated for most vehicles, though, and the amount you can save varies greatly by model and even trim. It might seem surprising, but there are many vehicles that are selling for close to the manufacturer’s suggested retail price. Supply and demand still rule the day.

For this list, we focused on what people paid, and we didn’t limit the selections to models that meet the stringent criteria to be recommended by CR. We identified 10 that are selling for below their sticker price. There are some higher-end models that we skipped over from BMW, Mercedes-Benz, and Volvo.

In this unusual market, it pays to be flexible because choices at dealerships now are limited. In fact, some of these deals are on a rather specific version, such as front drive, when all-wheel drive may be more desirable.

Of course, you may be able to negotiate an even lower price, but bear in mind that there’s a limit to how low prices can go, especially as demand is often outstripping supply these days. And as we’ve found in buying cars for testing, a decent deal can vanish quickly, so you may need to act quickly.

Something else to keep in mind is that deals can vary not only by vehicle but also by geographic region. Being armed with the latest information on pricing, rebates, and transaction prices in your area can help you net a good deal.

The most discounted cars are all 2023 models, and they’re listed below in descending order of savings off MSRP by percentage. Other buyers have recently purchased these vehicles for 3 to 9 percent off the original price.

Pricing details on these versions and other trims are available on our model pages, along with complete road tests, reliability, owner satisfaction, and other key information. CR members can log in to see the car ratings.

Even though these deals are relatively good, it’s wise to buy when the time is right for you. Dealerships are happy to sell you a car anytime. But the market is likely to improve, so waiting could be a good idea. (If you want to buy now, read about CR’s Build & Buy Car Buying service below.)

See all current best new-car deals or use our dynamic ratings chart to create your own list of vehicles by sorting and filtering by the factors that matter most to you.

In addition to research and reviews, Consumer Reports offers members access to the Build & Buy Car Buying Service at no additional cost. Through this service, members can compare in-stock vehicles, see what others paid for the car they want, and customize their payments online. Once they find the vehicle they’re interested in, members can get up-front price offers online from local certified dealers. On top of national incentives, Consumer Reports members are eligible for additional incentive offers from select manufacturers through the Build & Buy Car Buying Service. Plus, they can get an instant trade-in value for their current vehicle to use toward their next car purchase.

Become a member to read the full article and get access to digital ratings.

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What time of the year is best to buy a car, when to buy a car

When purchasing a used car, it is important to take into account a large number of factors: technical characteristics, car color, place and time of purchase, as well as weather conditions. We will pay attention to the last few factors, we will figure out what time of the year it is better to buy a car.

Season and car purchase
- Winter
- Spring
- Summer
- Autumn
When is the best time to buy a car according to the lunar calendar
Days of the week and car purchase

Season and buying a car

You can buy a used car at any time of the year, but remember that each season has advantages and disadvantages. Consider which month is better to buy a car.

Winter

The best month to buy a car is December, before the New Year holidays, to be exact. The demand for used cars at this time is low, which means that the cost is reduced in relation to other months. Another factor that affects the price of a used car is the year of manufacture. It is believed that with the onset of the new year, the car automatically becomes a year older, which means that the price is lower. In January, after the New Year holidays, there is a period of calm. The seller, noticing a decrease in the number of calls, easily resets the price to a level that suits you. In addition, in frosty weather, you can check the start of a cold engine. This is another argument in favor of purchasing a car on the eve of the New Year.

Spring

During this period, the so-called “snowdrops” wake up, interest in cars increases. By the end of the season, demand reaches a peak, a significant drop in the price of a car is not expected. It is better to plan the purchase of a car only when absolutely necessary. In addition, slush makes it difficult to inspect the car well enough: there is a risk of missing body defects.

Summer

Buying a used car becomes convenient because the inspection can be carried out without haste and in more comfortable conditions. In sunny weather, dents and scratches are more visible than ever. Sellers rarely make concessions and do not make discounts, but by August, demand slightly decreases, and prices follow it.

Autumn

In autumn, the demand for cars continues to decline, and this is due to the fact that potential buyers are gradually preparing for the New Year holidays, planning their expenses differently. Some go into hibernation. Remember that for all seasons, including autumn, one rule applies – the car must be inspected in natural daylight. In addition, the body and parts of the car must be clean and not covered with a layer of dirt. So you will save yourself from acquiring a restored and repainted “horse”.

The comfort of buying and selling a used car in autumn largely depends on weather conditions. In rainy or frosty weather, demand is reduced, and therefore the seller, as in winter, has no choice but to reduce the price. This is also a good time to buy a used car.

Thinking about when is the best time to buy a car, do not discount the exchange rate. The fact is that sometimes the cost of a car is indicated in dollars, and some sellers do not immediately change the price in accordance with the exchange rate. Therefore, if you catch the right moment, you can save a lot on buying a car. This trend applies to both new cars and used cars.

When is it better to buy a car according to the lunar calendar

It is believed that the lunar calendar can predict the success of a transaction. The waning moon helps to reduce the price of the purchased car. There are also some of the most successful lunar days for making a deal: 7, 10, 11, 17, 21 and 25.

The seventh lunar day is suitable for choosing a car that will emphasize the status of its owner.
On the tenth and eleventh days, buy a car for family and long trips.
On the seventeenth lunar day, you should buy a car that requires investments and repairs. The same character is the twenty-fifth day. Buy a car if you plan to resell or restore it.
The twenty-first day is ideal for drawing up and signing a sales contract.

When buying a car, pay attention to the position of the moon. The most successful for large purchases is the position of the satellite in Taurus and Leo, for the car, in particular, in Gemini and Capricorn. Items purchased during this period will work for you and fully pay for themselves. To buy a car with further resale, wait for the moon period in Aries or Libra – at this time transactions will be most successful.

Days of the week and buying a car

Let’s consider what days are the best days to buy a car. There is a known pattern between the purchase of an item on a certain day of the week and its service life. According to astrology, each day of the week is ruled by a number of planets. Completed major deeds, including the purchase of a car, under the influence of celestial objects can go differently.

Monday is the day of the moon, which patronizes the family hearth. Make purchases that are related to the house: products, household chemicals, partly interior items. But buying a car on this day is highly discouraged.
Another meaning is Tuesday, whose patron is Mars. On this day, buy things with male energy, including cars.
The planet Mercury, which patronizes the environment, is responsible for the car, as well as for real estate and household appliances. On Wednesday, transactions are made successfully, and things last a long time.
Thursday is the most favorable day for shopping. On this day, it is better to plan large-scale acquisitions – you will not lose.
Friday under the auspices of Venus is more suitable for women’s shopping. Art objects, clothes, books, cosmetics, but not cars.
Saturday’s planet – Saturn will help you choose the practical things you need in your life. Large transactions will also be successful.
Sunday is patronized by the Sun. This day is suitable for purchasing luxury goods. Surely, you will be able to find something unusual, and you will be creative in the process on this day.

You can’t go wrong when choosing a date for the right purchase, including a used car. The thing will last a long time and will bring pleasure.

Similar patterns can change every year. Thinking about what time of the year it is better to buy a car, being in pursuit of a profitable purchase, a person will wait for the onset of a favorable period, which means that statistics can change significantly. In any case, you should buy a used car when you are internally ready for it.

And don’t forget to check the history of the car before buying. This can be done using the Autocode online service by VIN or license plate number. The system checks the car against more than 15 official databases: traffic police, EAISTO, RSA, taxi and bank registers, the Federal Tax Service, the Federal Customs Service and others. From the report you will find out the real mileage of the car, whether there are traffic police restrictions, OSAGO data, customs history, history of fines, participation in an accident and many other important information.

After purchasing the Autocode report, you will have free seven-day access to the Autocode Search aggregator for car ads. It shows offers from private owners and legal entities from all popular boards: Avto.ru, Drome, Avito Avto, Yula. Here you can compare prices for cars, as well as break through the history of the vehicle, order on-site diagnostics, buy an OSAGO policy at the best price and get a car loan. If the car you are checking turns out to be problematic, it will be possible to pick up another car through Autocode Search.

If you are not sure about your experience to inspect a car or are just in another city, order an on-site Autocode check. The specialist will draw up a detailed report with all the technical nuances.

If there are no serious problems in the history and technical part of the car and you decide to buy, take the final step – enter the seller’s passport data through the car owner verification service. This service will show whether he has problems with the law, whether his passport is valid, whether there are debts and enforcement proceedings. If there are no problems, you can proceed to the conclusion of the contract. View sample report

If you are going to apply for a car loan, you can choose the offer with the lowest interest rate here. And on this site, after the transaction, you can issue an OSAGO policy without a visit to the office at the best price.

When is the best time to buy a car? — magazine Behind the wheel

Seasonality in the primary car market also affects offers for used cars. We tell you how the supply and demand for new cars change throughout the year and how this affects used car sellers.

How seasons affect the cost of a new car

A new car should be bought when it is most difficult to sell. Let’s see how the months of the year affect the cost of a new car.

January and February. The best time to buy a new car is the end of the financial year for dealers. New-year cars will soon start arriving at car dealerships, so dealers are making room for them and selling off last year’s cars. To do this, they reduce the cost of a car by 10-20% and give pleasant bonuses – smartphones, laptops, wheel sets.

Mar. Month before new cars arrive in showrooms. The most tempting promotions have passed, gifts have already been handed out, but the prices of last year’s models are still low, and some have fallen even more.

April and May . At the beginning of April, fresh, newly released cars come to car dealerships, for which they set the highest prices. It makes no sense for a car dealer to concede in price – cars that have just arrived are sold at full price. If you want to save money, postpone the purchase of a car at least until June, and preferably until December.

June and July. People go on vacation, the demand for cars falls, and they temporarily become cheaper. Dealers are trying to fulfill the sales plan, so they make concessions – arrange seasonal offers, discounts, or give inexpensive trips to the sea.

August-November. In autumn people return from their holidays. The situation in the car market is reminiscent of spring – the demand for cars is growing, there are no sales and discounts, and there are no gifts either. Since mid-October, due to the proximity of the New Year, a gradual drop in prices begins.

Dec. Time for New Year’s discounts. This month you can find many interesting offers, but compared to January, this is an extremely ambiguous period. Marketers take advantage of the New Year mood of buyers and go for different tricks. On emotions, a person can make a rash purchase, which he will regret later.

How the seasons affect the price of used cars

Changes in the market change the mood and motivation of used car sellers. Let’s figure out when is the best time to buy a used car from a private trader.

Spring and summer. The demand for used cars is growing, they are bought by novice drivers who went to study at a driving school in the fall and got their license in the spring. They look after the first cars that are not a pity to break. Sellers can choose buyers, so they become less accommodating and in no hurry to sell. At this time, it is difficult to buy a used car profitably.

Autumn and winter. The year of manufacture affects the cost of a used car. No matter how excellent the car is, with the advent of the new year it will become a year older, which means it will become cheaper. Therefore, each seller is in a hurry to sell a used car before the first of January and is ready to give up the price until the car becomes even cheaper.