Best 4th of July New Car Deals For 2019

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

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, Senior Pricing Analyst - July 3, 2019

Get continuous updates on the latest 4th of July deals

We've found 9 brands offering 4th of July deals worth getting excited about. So far, we're seeing sales involving cheaper financing, holiday bonuses, plus leases offering to waive your first month's payment. As usual, we're highlighting actual holiday deals rather than the same discounts you can get any month.

Shoppers should be aware that some manufacturers don't reveal their best offers until closer to the holiday. In fact, our records indicate last year's offers didn't peak until July 3. Be sure to check back for continuous updates in the days leading up to Independence Day.

Updated July 3 2:28 pm

GM 4th of July Sale Updated

Chevy BlazerThrough July 8, Chevy is offering a $500 bonus on select SUVs and trucks. Eligible models include the 2019 Chevy Trax, Equinox, Blazer, Traverse, Colorado, and Silverado HD. If you're leasing, the discount is worth $250. Expect prices to go up on July 9.

Combining offers can yield extra savings. In the case of the all-new Blazer, you can now get up to $2,500 off MSRP. Alternatively, the popular Trax is now eligible for 0% financing for 72 months plus up to $1,250 in bonus cash.

The new Silverado and GMC Sierra are both eligible for as much as 20% off MSRP, the largest discount we've seen to date. This is an early-month deal that ends July 8. The catch with the Silverado is that only Double Cabs are eligible for the max discount. With the Sierra, Double Cabs plus the SLE Crew Cab are eligible.

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Toyota 4th of July Sale New

Toyota CorollaThrough July 8, Toyota is offering Independence Day deals in select regions.

Here's what we know so far:

New York: Extra $750 when leasing the 2019 Camry, lower money factor on 2020 Corollas. In the case of a Camry LE, shoppers can lease one from just $179 for 36 months with $2,999 due at signing. The new Corolla LE is listed at $149/month with the same due at signing.

Offers vary by region. Check back for possible additions.

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Ford 4th of July Sale

Ford EdgeThrough July 8, Ford is offering 4th of July Trade-In Assistance Customer Cash worth up to $2,000 here in California. Eligible models include the 2019 Escape, Edge, Explorer, Flex, and F-150. We're also seeing up to $500 in additional lease discounts on the Escape, Edge, and Flex.

Escape leases for less than a Fiesta. With every available bonus, you can lease an Escape SE in Los Angeles from just $219 for 36 months with $999 at signing. At $247/month, the effective cost of this lease is now cheaper than a Fiesta ($262).

Edge leases for less than a small car. Similarly, the over-$37k Edge SEL can now be leased from $299 for 36 months with $999 at signing, an effective cost of $327/month. That's considerably cheaper than a Chevy Cruze LT ($380).

There's a catch (or two). The examples here factor in the new trade-in bonus plus extra savings available on vehicles in stock for over 61 days. Offers can vary by region, so be sure to check with your local dealer for precise details.

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Chrysler/Dodge/Jeep 4th of July Sale

RAM 1500Through July 9, Fiat Chrysler Automobiles (FCA) is offering a national 4th of July Bonus worth up to $1,250. However, the only vehicles eligible are the 2019 Dodge Grand Caravan (extra $1,000), Chrysler Pacifica (up to an extra $1,250), and redesigned RAM 1500 (extra $500).

Buyers with bad credit may be eligible for extra incentives worth up to $2,000. In the case of the Grand Caravan, buyers in California can get as much as $6,750 in combined savings. To qualify, you'll have to have a FICO score below 620.

Most models under the Jeep brand are eligible for a $500 holiday bonus. However, a closer look reveals that only specially tagged inventory is eligible. In addition, hot sellers like the Wrangler, Wrangler Unlimited, and Gladiator are excluded.

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Hyundai 4th of July Sale

Hyundai TucsonHyundai started its 4th of July sale on June 27 with up to $1,000 Sales Event Cash on select models. Originally set to end July 1, the offers have since been extended through July 8. The specifics vary by region, so here are some examples.

Eastern U.S.: $1,000 Lease Bonus on 2019 Santa Fes. In New Jersey, you can lease an SE from just $269/month. Explore Santa Fe »

Southern U.S.: $500 Bonus on 2019 Elantras. In North Carolina, the model is eligible for as much as $3,250 in savings. The example assumes you're going to choose an SEL, Sport, or Limited and includes a $500 discount for financing at standard rates. Other versions offer less savings. Explore Elantra »

South Central U.S.: $500 Bonus on 2019 Santa Fes. In Louisiana, you can now save $3,000 on Limited & Ultimate styles. Explore Santa Fe »

Western, Central U.S.: $500 Bonus on 2019 Tucsons. In Los Angeles, you can now get up to $3,500 off MSRP. This assumes you're going to finance at standard rates and choose a non-SE style. Discounts vary based on trim. Explore Tucson »

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Lexus 4th of July Offers

Lexus RXThrough July 31, Lexus is offering to waive up to $700 of your first month's lease payment on any 2019 Lexus ES or RX. On the West Coast, the automaker is now advertising a $389/month lease on the RX 350 that we consider an exceptional value.

At $389 for 36 months with $2,999 due at signing, the vehicle's effective cost comes out to $472/month ($10 less than June). In a place like San Francisco, that's cheaper than offers we've seen on the 2019 Toyota Sienna ($482).

Financing rates have improved by up to 2%. In the case of the popular NX crossover, shoppers can enjoy 0.9% APR for 60 months (or 1.9% for 72). That's down from 2.9% and 3.9%, respectively.

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Mazda 4th of July Sale

Mazda CX-9On June 25, Mazda introduced an array of new offers like a $2,000 incentive on the 2019 CX-9. Here in Los Angeles, that's double the previous amount of $1,000. We're also seeing better offers on the Mazda CX-5, like 0.9% APR for 60 months (previously limited to 36 months) and up to $1,000 cash back (previously $500).

Leasing an SUV gets you a rare complimentary payment offer. Through July 31, the brand is offering to cover up to $500 of your first month's payment. We're also seeing cheaper leases, like the 2019 CX-5 Sport at $219 for 36 months with $2,499 at signing (previously $235 with $2,489 down).

Thinking of buying used? Through July 8, Mazda is offering a month-long promo involving a waiver on your first payment worth up to $500. While our analysis finds that the tradeoff is a higher APR rate, it's a deal worth knowing about.

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Nissan Holiday Bonus Cash

Nissan Kicks

Nissan has extended holiday bonus cash worth up to $1,500 on select 2019 models. However, offers vary by region and the only national deal is an extra $1,250 off the 2019 Murano SL & Platinum ($750 off S & SV). Here's what we know.

West Coast: Extra $500 off Kicks, LEAF

Midwest: Extra $500 off Kicks, Maxima, Pathfinder

East Coast: Extra $500 off LEAF, Maxima, Pathfinder

Mountain States, Southeast: Extra $500 off Kicks, Pathfinder, Frontier. $1,500 bonus on Titans.

These are largely the same deals Nissan offered for Memorial Day.

Current incentives end July 8.

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Honda Accord 4th of July Rate Cut

Honda AccordOn June 21, financing rates for the 2019 Honda Accord were cut by up to 2%. Offers in places like Chicago, Los Angeles, and New York used to start at 3.9% APR for 36 months. Now, Honda has a national offer of 1.9% APR for 36 months and 2.9% for 60.

Shoppers also now get a 72-month financing option at 3.9%, whereas previously the Accord didn't feature an extended-term loan incentive. This could be great news for those looking to lower their monthly payments. All versions are eligible with the exception of the Accord Hybrid.

Prefer the savings of a used car? A month-long sale on certified pre-owned Accords and Odysseys features rates as low as 2.99% APR.

Offers end July 8.

Learn more about the 2019 Accord »

Explore used Honda listings »

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Insider Buying Advice

Ask Questions: Don't be afraid to ask about every possible discount. For example, the 2019 Chevy Colorado features a 3% bonus for those coming from a competitor. Coupled with this month's 7% discount, shoppers can get up to 10% off MSRP.

In many cases, discounts like these (called conquest bonuses) can be transferred to members living in the same household. As a result, you may be able to get your spouse a big discount simply for owning or leasing a different brand.

Not Every Deal Is A Good Deal: Just because it's being touted as a deal doesn't necessarily make it one. For example, the Mitsubishi Mirage is advertised at $189 for 36 months with $2,888 at signing, an effective cost of $269/month.

At that price, you could actually spend less to lease the more expensive Kia Forte LXS ($238). For just $6/month more, you could even upgrade to the redesigned 2020 Kia Soul LX ($275, examples based on offers in California).

Cheaper Isn't Always Better: A low MSRP doesn't necessarily equate to a better value. For example, base models like the GMC Acadia SL are excluded from specials like this month's 16% off MSRP promo. Here, choosing a more expensive version may end up costing less.

0% APR Isn't Always A Bad Idea: When it comes to the decision between rebates and 0% financing, we often find that rebates can save you more money. However, that's not always the case.

For example, the 2019 Hyundai Elantra SE offers a choice between 0% APR for 60 months and a $1,750 cash incentive. With a $20,000 vehicle, our analysis finds taking the financing could save you more than $600 (versus a 5-year loan at 5%).

Not Every Deal Is Advertised: Not every brand uses rebates to discount their vehicles. For example, Volkswagen is using up to $2,500 in dealer cash to lower prices on models like the all-new Arteon. Other automakers that adopt this tactic include Acura, Honda, and Infiniti.

Used Cars Are Eligible For Deals Too: Don't assume that the best deals are always on new cars. In fact, our analysis found brands like Subaru are offering rates as low as 1.99% APR on factory-certified vehicles. Mazda is even offering a waiver on your first month's payment worth up to $500.

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, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

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