What's the Best New-Car Deal for July 2017?
CARS.COM — Kids on summer break? Haul 'em around a car dealership all day and they'll beg you for math camp by afternoon. (OK, some showrooms have pretty cool play areas.) As summer goes toward its dog days, expect to see the very first trickle of two thousand eighteen model-year cars on dealer lots, with an uptick in deals on the leftover 2017s.
Indeed, over the past three years, July has seen higher average incentives per fresh car than any month from January to June, according to Autodata Corp. This year could turn out the same, as automakers look to improve on a Two.9 percent dip in June sales.
Which cars lead the discounts? Here are four. Text them to friends and family, but not while you're driving — or while you're crossing the street in Hawaii.
Ford Expedition
How much can I save? More than Aaron Judge can wiggle a Louisville Slugger at. Expedition sales skidded thirty six percent in June versus a mega year-ago month as the SUV averaged more than ninety days on dealer lots compared with seventy five days for all two thousand seventeen models. From now until July 31, Automotive News says discounts on Ford's outgoing two thousand seventeen Expedition and extended-length Expedition EL range from $1,000 to a whopping $8,000 — serious cash, even for a pricey full-size model.
We found deals that high in some regions, but read the fine print: In many areas, part of the discount requires financing through Ford's credit arm. Speaking of which, qualified borrowers can get rates as low as zero percent, the newspaper says.
Any deals yet on the redesigned two thousand eighteen Expedition? Sorry, boss. The redesign won't go on sale until this fall.
Isn't the outgoing Expedition a dinosaur? Au contraire, O Mesozoic-minded motorist. Ford issued a slew of updates a duo of model years ago, and the sum of them makes for a pretty refined, if dull-looking, SUV. That said, safety-conscious shoppers should note that as of this writing, the outgoing Expedition still hasn't been crash-tested by the Insurance Institute for Highway Safety.
Ford Fusion
How much can I save? From $500 to $Four,150 on the two thousand seventeen model through the end July, Automotive News says. Qualified buyers can get discount financing as low as zero percent. We found cash-back totals approaching those heights in some areas, but (like with the Expedition) read the fine print, as some deals have a portion that requires financing through Ford. Still, the Fusion is ripe for discounts: Sales fell 31.6 percent in June as the sedan averaged eighty eight days on dealer lots.
What about the Fusion Hybrid and Energi plug-in hybrid? The newspaper reports lesser deals on those cars than on the non-hybrid Fusion, and they could be hard finds anyway. As of July 17, both variants made up just 9.Four percent of all Fusion inventory on Cars.com. What's more, neither one spent all that much time on dealer lots in June (57 days for the Hybrid, seventy three days for the Energi), so dealers might budge less on price.
Can I buy one of Ford's self-driving Fusions? Alas, no. Ford plans an autonomous car by 2021, and its current self-driving Fusion development cars could signal the eventual platform. But for now, those cars are just that — development prototypes. No amount of money can buy you one. But if avoiding the wheel is your thing, a petite fortune could get you a permanent chauffeur.
Hyundai Elantra
How much can I save? Up to $Three,000 on the two thousand seventeen Elantra sedan or $1,000 on the two thousand eighteen Elantra sedan, according to Automotive News. Qualified shoppers can secure financing as low as zero percent on both model years; all deals run through July 31. Hyundai's popular compact is a frequent candidate for high discounts, tho’ we haven't spotlighted it on this list in a while. With sales down 40.7 percent in June amid an average 80-day turn time, it's ripe to come back.
But the Elantra placed sixth in Cars.com's latest compact sedan comparison. That it did, mostly due to a low-rent interior and lukewarm drivability. Still, the sedan has top crash-test ratings and an intuitive multimedia system — and the discounts are hard to hit.
Any deals on the Elantra GT hatchback? Up to $Two,000 or financing as low as 1.9 percent on the two thousand seventeen Elantra GT, per Automotive News. That's the outgoing generation, which isn't a bad car. A redesigned two thousand eighteen Elantra GT offers quality and spectacle potential, but it isn't on sale yet.
Toyota Yaris iA
How much can I save? For a sub-$17,000 sedan, fairly a bit. Yaris sales — which include the Yaris hatchback and Yaris iA sedan — fell 12.Five percent in June as the iA averaged eighty six days on dealer lots. Now, Toyota offers up to $Two,000 off both assets styles, per Automotive News, or discount financing as low as zero percent. We like the Yaris iA — which shares roots with the not-for-U.S. Mazda2 — better.
When do these deals expire? July 31, the newspaper reports.
Is this the very first model year for the Yaris iA? Under the current name, yes. But Toyota sold the iA through its Scion division, where it was simply the Scion iA, for one model year (2016) before it scuttled Scion altogether. The Yaris iA has no significant differences versus its Scion predecessor, so a lightly used Scion version might save you even more.
The Returnees
We concentrate on cars fresh to the list or ones we haven't highlighted in the past few months. But many cars from latest months still have high discounts in July:
How We Look for Deals
To look for July deals, we considered sales in June among the top one hundred best-selling cars, specifically eyeing models whose sales underperformed the market. We also looked at days-to-turn data from June, which measures how long it takes on average for dealers to sell a given car. Both factors illustrate June's slow sellers, cars on which dealers could be more willing to cut a deal.
Eventually, we looked at factory cash discounts and low-interest-rate financing offers that are especially high for the price of the car. (After all, $Two,000 is a lot more on a Ford Concentrate than a Ford Explorer.)
What s the Best New-Car Deal for July 2017? News
What's the Best New-Car Deal for July 2017?
CARS.COM — Kids on summer break? Haul 'em around a car dealership all day and they'll beg you for math camp by afternoon. (OK, some showrooms have pretty cool play areas.) As summer goes toward its dog days, expect to see the very first trickle of two thousand eighteen model-year cars on dealer lots, with an uptick in deals on the leftover 2017s.
Indeed, over the past three years, July has seen higher average incentives per fresh car than any month from January to June, according to Autodata Corp. This year could turn out the same, as automakers look to improve on a Two.9 percent dip in June sales.
Which cars lead the discounts? Here are four. Text them to friends and family, but not while you're driving — or while you're crossing the street in Hawaii.
Ford Expedition
How much can I save? More than Aaron Judge can wiggle a Louisville Slugger at. Expedition sales skidded thirty six percent in June versus a mega year-ago month as the SUV averaged more than ninety days on dealer lots compared with seventy five days for all two thousand seventeen models. From now until July 31, Automotive News says discounts on Ford's outgoing two thousand seventeen Expedition and extended-length Expedition EL range from $1,000 to a whopping $8,000 — serious cash, even for a pricey full-size model.
We found deals that high in some regions, but read the fine print: In many areas, part of the discount requires financing through Ford's credit arm. Speaking of which, qualified borrowers can get rates as low as zero percent, the newspaper says.
Any deals yet on the redesigned two thousand eighteen Expedition? Sorry, boss. The redesign won't go on sale until this fall.
Isn't the outgoing Expedition a dinosaur? Au contraire, O Mesozoic-minded motorist. Ford issued a slew of updates a duo of model years ago, and the sum of them makes for a pretty refined, if dull-looking, SUV. That said, safety-conscious shoppers should note that as of this writing, the outgoing Expedition still hasn't been crash-tested by the Insurance Institute for Highway Safety.
Ford Fusion
How much can I save? From $500 to $Four,150 on the two thousand seventeen model through the end July, Automotive News says. Qualified buyers can get discount financing as low as zero percent. We found cash-back totals approaching those heights in some areas, but (like with the Expedition) read the fine print, as some deals have a portion that requires financing through Ford. Still, the Fusion is ripe for discounts: Sales fell 31.6 percent in June as the sedan averaged eighty eight days on dealer lots.
What about the Fusion Hybrid and Energi plug-in hybrid? The newspaper reports lesser deals on those cars than on the non-hybrid Fusion, and they could be hard finds anyway. As of July 17, both variants made up just 9.Four percent of all Fusion inventory on Cars.com. What's more, neither one spent all that much time on dealer lots in June (57 days for the Hybrid, seventy three days for the Energi), so dealers might budge less on price.
Can I buy one of Ford's self-driving Fusions? Alas, no. Ford plans an autonomous car by 2021, and its current self-driving Fusion development cars could signal the eventual platform. But for now, those cars are just that — development prototypes. No amount of money can buy you one. But if avoiding the wheel is your thing, a petite fortune could get you a permanent chauffeur.
Hyundai Elantra
How much can I save? Up to $Trio,000 on the two thousand seventeen Elantra sedan or $1,000 on the two thousand eighteen Elantra sedan, according to Automotive News. Qualified shoppers can secure financing as low as zero percent on both model years; all deals run through July 31. Hyundai's popular compact is a frequent candidate for high discounts, however we haven't spotlighted it on this list in a while. With sales down 40.7 percent in June amid an average 80-day turn time, it's ripe to come back.
But the Elantra placed sixth in Cars.com's latest compact sedan comparison. That it did, mostly due to a low-rent interior and lukewarm drivability. Still, the sedan has top crash-test ratings and an intuitive multimedia system — and the discounts are hard to hammer.
Any deals on the Elantra GT hatchback? Up to $Two,000 or financing as low as 1.9 percent on the two thousand seventeen Elantra GT, per Automotive News. That's the outgoing generation, which isn't a bad car. A redesigned two thousand eighteen Elantra GT offers quality and spectacle potential, but it isn't on sale yet.
Toyota Yaris iA
How much can I save? For a sub-$17,000 sedan, fairly a bit. Yaris sales — which include the Yaris hatchback and Yaris iA sedan — fell 12.Five percent in June as the iA averaged eighty six days on dealer lots. Now, Toyota offers up to $Two,000 off both assets styles, per Automotive News, or discount financing as low as zero percent. We like the Yaris iA — which shares roots with the not-for-U.S. Mazda2 — better.
When do these deals expire? July 31, the newspaper reports.
Is this the very first model year for the Yaris iA? Under the current name, yes. But Toyota sold the iA through its Scion division, where it was simply the Scion iA, for one model year (2016) before it scuttled Scion altogether. The Yaris iA has no significant differences versus its Scion predecessor, so a lightly used Scion version might save you even more.
The Returnees
We concentrate on cars fresh to the list or ones we haven't highlighted in the past few months. But many cars from latest months still have high discounts in July:
How We Look for Deals
To look for July deals, we considered sales in June among the top one hundred best-selling cars, specifically eyeing models whose sales underperformed the market. We also looked at days-to-turn data from June, which measures how long it takes on average for dealers to sell a given car. Both factors illustrate June's slow sellers, cars on which dealers could be more willing to cut a deal.
Ultimately, we looked at factory cash discounts and low-interest-rate financing offers that are especially high for the price of the car. (After all, $Two,000 is a lot more on a Ford Concentrate than a Ford Explorer.)