In recent years, prices for both new and used cars have gone through the roof. Despite this, some excellent used cars have been bought every now and then for a song. What we haven’t heard much about is excellent deals on new cars. Which brings us to today’s question. What’s the best deal you’ve ever gotten on a new car?
We know that in this age of stock shortages, inflation, wild gas prices and greedy dealer prices it’s seemingly harder than ever to walk away from a dealer feeling like you haven’t been ripped off, but we think some of you might be able to do it got. A number of models that are no longer available or coming soon are seeing high discounts to get them from dealer lots.
Last month we reported on the seriously high discounts that Chevrolet was offering on the Bolt and the Bolt EUV. The former currently has a $5,900 sales incentive and the latter has an even bigger $6,300. If you can find a 2021 model on the lot right now, there’s a chance you could get $12,900 off it.
Read more: Research shows new and used cars sell fast despite high prices
Apart from that particular example, very little stands out about the current market. As inventories run out, auto loan interest rates rise and prices soar, it becomes increasingly difficult to find a deal. In fact, it’s really the bare-bones things that are attractive in this market.
The RAM 1500 and Chrysler 300 both have 0 percent financing with a cash bonus offer in July, which looks about as attractive as it gets. However, this QOTD is not completely dead in the water. Also keep in mind that this question may apply to deals you’ve gotten in the past. That includes new cars bought before the pandemic and the chip shortage when getting it was supposed to be good.
We are sure that many of you have found ways to get big discounts on cars, trucks and SUVs that you loved even more because of the good deal you got with them to start with. Tell us about them in the comments below.