We may be less than a month away, but it's not too early to start planning for 2023 Black Friday car deals. Fewer shoppers are paying above MSRP, and we're finally starting to see 0% financing deals and big rebates come back. We'll be updating this page with the latest deals as they're announced.
With live updates on this year's Black Friday SUV deals as well as Black Friday truck deals, we'll provide inside tips on how to save the most money on a purchase or a lease. This year, EVs offer unusually good discounts thanks to tax credits. Expect updates closer to this year's holiday on November 24th.
Updated on November 22nd 12:38 pm
Black Friday SUV Deals
Ford recently slashed interest rates on the Mustang Mach-E. On November 1st, Ford Credit brought back 0% APR financing on all versions of the 2023 Mustang Mach-E. A month ago, the sporty EV was only eligible for standard rates. This could mean a major price cut if you're looking to buy rather than lease.
Based on a bulletin sent to Ford dealers, this new Mach-E 0% financing deal is only available on loans up to 48 months in length. 60 and 72-month APR deals are also available though at 1.9% and 3.9%, respectively. There are no such incentives yet on the 2024 Mustang Mach-E which can already be ordered.
Just a couple of months ago, Ford Mach-E crossovers featured 0% financing for up to 60 months. As a result, this isn't the best deal that we've seen to date. It's unclear if Mach-E deals will improve closer to the new year. The latest deal is scheduled to end on January 2, 2024, in most parts of the country.
Beginning on November 15th, Ford Credit is offering a 90-Day Deferred First Payment Program on the Mach-E. That means you can now take advantage of 0% APR financing and not make your first payment until next year. We think that this could be a nice bonus for some Mach-E buyers this holiday season.
Ford sometimes offers a trade-in assistance bonus around big holidays. We could see a similar incentive closer to Black Friday in 2023. Some of these trade-in assistance bonus incentives can be limited to select states such as California. We don't know yet if such a deal would exclude the Mustang Mach-E.
Ford is continuing to offer 0.9% APR financing for 36 months on all 2023 Explorer models. While we'd prefer to see 0% financing on the Explorer, the fact is that it's probably been over a year since that's been the case. Fortunately, there are some additional ways to save if you know where to look.
XLT versions of the Explorer feature $1,000 in Low APR Bonus Cash that you can't get on other styles. Ford is also offering $500 in trade-in assistance. As a result, there's now up to $1,500 in potential savings available. Ford also has 48 and 60-month financing at 1.9% APR and 2.9%, respectively.
On November 15th, Ford Credit announced No Payments For 90 Days on all Explorer models. The best part is that you can combine the offer with other Explorer deals. If delaying your first month's payment till 2024 is an appealing bonus for you, this may be a deal worth asking your dealer about.
We think there's a good chance that Ford Explorer deals may improve closer to the holiday. In California, the brand tends to raise trade-in assistance bonuses to $1,000 for a limited time. We'll have to wait to know for sure whether or not this will be the case. Most Ford deals end on January 2nd.
Through January 2nd, most versions of the 2023 Lincoln Nautilus are eligible for 0% APR for up to 48 months. That's the brand's best deal and could make the Nautilus significantly more affordable than other luxury SUVs. On November 15th, Lincoln Financial began offering No Payments For 90 Days.
While deferred payment deals aren't for everyone, they could give buyers flexibility around the holidays. Odds are you won't find a similar luxury brand offering zero-percent financing and no payments till next year. Lincoln's current interest rates on its other models start at approximately 1.9% APR.
Through November 30, 2023 Jeep Grand Cherokees feature a 10% discount off MSRP. This deal benefits buyers the most because leases are excluded. Based on a bulletin sent to dealers, the Grand Cherokee 10% off MSRP deal is available on Limited, Overland, and Summit trims only.
On a $70,000 Grand Cherokee L Summit, we estimate that buyers could save $7,000 off MSRP. Both the 2-row and 3-row versions of the Grand Cherokee are eligible for this deal. Since your discount will depend on a vehicle's MSRP, the amount may vary based on the configuration.
If you're looking for a greener choice, the Grand Cherokee 4xe is a plug-in hybrid eligible for up to $11,500 in lease support. This ranks among the best plug-in deals right now and helps make the Jeep Grand Cherokee 4xe a lot better to lease than to buy in California and other select regions.
While the new Blazer EV might be getting the majority of the fanfare, Chevrolet is still offering Black Friday savings on the gas-powered Blazer. The compact SUV has been available with $1,000 bonus cash from November 16th.
This offer is stackable with other Chevrolet offers and is being advertised until December 4th.
The Volvo XC40 Recharge has double-digit discounts for the holidays. On the West Coast, the all-electric SUV features $11,500 in lease support. What's more, Costco warehouse members can now get an additional $1,000 off MSRP. That's $12,500 in potential savings that you can get through November 30th.
In Los Angeles, the 2023 Volvo XC40 Recharge Twin Core can be leased for $449 for 36 months with $5,349 due at signing. That's based on an MSRP of $54,645 and 10,000 miles per year of driving. Volvo deals can often vary based on the region, so be sure to check with your local dealer for the latest promotions.
Subaru doesn't often offer mid-month enhancements, but they made an exception this Black Friday. They're now offering the 2024 Outback with 2.9% financing for up to 48 months.
That might not be as aggressive as some of the other financing deals on this list, but it's still a great time to buy one of Subaru's most popular models. Subaru financing offers are regional, but this Outback deal is available across the board.
Toyota's newest SUV has a Black Friday Deal. In Northern California, you can lease a 2024 Grand Highlander XLE for $499 for 46 months with $4,999 due at signing. That's based on 12,000 miles per year and is just $30 per month more expensive to lease than the smaller Toyota Highlander in San Francisco.
In the Southeast, all versions of the 2024 Toyota Grand Highlander are eligible for $500 in Holiday Lease Bonus Cash. In the case of the Grand Highlander XLE, the advertised lease is $519 with $3,818 at signing based on 12,000 miles per year. Here, Toyota's listed price actually doesn't include the $500 discount.
We actually consider the Toyota Grand Highlander Hybrid to be a better deal because its higher residual value makes it only $10 a month more to lease in places like Florida. Toyota incentives vary by region, so expect lease prices to vary depending on where you live. Be sure to see your dealer for complete details.
Toyota has solid deals on the Highlander in many parts of the country. In the Southeast, you can lease a 2024 Highlander LE for $399 for 36 months with $3,698 due at signing. That's based on an MSRP of $40,355 and 12,000 miles per year. However, this Toyota Highlander deal is actually even better than you think.
Through November 30th, you can get $500 in Holiday Bonus Lease Cash that isn't included in this pricing. Based on a bulletin sent to Southeast Toyota dealers, this is a discount that you can only get when leasing and not when buying. Even better, the 2024 Toyota Highlander Hybrid is eligible for the $500 incentive.
There's been an unusual price cut on the 2024 Hyundai Palisade for Black Friday. On November 9th, the Palisade SEL got a lease deal of $379 for 36 months with $3,999 due at signing. That's based on an MSRP of $40,485 and 10,000 miles a year. We're seeing this deal in most parts of the U.S. until November 30th.
Previously, the advertised deal was $424 with $3,799 at signing and for the SE trim. When you compare effective monthly costs, this translates to a $40 per month price cut for a better trim. Based on dealer incentive bulletins, the price cut is thanks to a whopping 74% residual value for the Palisade SEL vs. 66% for the SE.
If you're in the market for a midsized SUV, the Palisade could be a surprisingly good vehicle to lease. Just be aware that the latest deal appears to represent a sweet spot when choosing the Palisade SEL. With an effective cost of just $490 per month, this is the best price that we've seen all year on the 2024 Palisade.
Through November 30th, the 2023 Jeep Wrangler 4xe offers Employee Pricing For All when buying or leasing. According to a bulletin sent to dealers the Wrangler 4xe Employee Pricing deal is limited to the Rubicon trim. It's also highly regional, restricted to western states like New Mexico and Nevada (but not California).
Jeep says this can translate to $6,080 off the price of a new 2023 Wrangler Rubicon plug-in hybrid. However, our analysis found that the fine print indicates the deal can be stacked with other incentives. In Nevada, that can total $10,500 in additional savings for a grand total of over $16,500 off MSRP. But there's a catch.
Unlike a rebate, Chrysler Employee Pricing is based on a formula of 5% under invoice plus a $200 fee. As a result, the actual discount you get will vary depending on the configuration you're buying. Still, we consider this a rare opportunity to get an extremely good deal on this rugged plug-in hybrid Jeep this month.
If you live in other parts of the country, the Wrangler 4xe has some impressive deals, too. In California, the 2024 Wrangler 4xe Willys Edition is eligible for $13,000 in lease cash. With Wrangler 4xe lease deals starting at just $399 per month, the SUV can actually be cheaper to lease than comparable gas Wranglers.
If you're in the market for a midsized SUV, the 2023 Hyundai Santa Fe has a deal that's hard to beat. Through November 30th, gas versions of the Santa Fe feature 0% APR financing for 60 months. This represents a substantial price cut when compared to last month's rate of 2.99%.
To help sweeten the deal, there's now a "0 Payments For 90 Days" promo that promises no payments until 2024. Curiously, the fine print says that the Santa Fe SEL is excluded from the deal. Likewise, hybrid and PHEV versions of the Santa Fe aren't eligible for the latest promos.
The 2024 Hyundai Tucson has one of the best financing deals on any SUV with 0% APR for 60 months. Previously, the 5-year interest rate was 2.99%. On a $30,000 crossover, we estimate that this change could save shoppers up to $2,300 in interest.
What's more, Hyundai is offering a 90-day deferred payment option so that you don't have to make any payments until 2024. Alternatively, the 2024 Tucson has Sign & Drive leases that require no down payment and no security deposit. Sadly, there's a catch.
Our analysis found that only gas versions of the Tucson are eligible for these deals. If you're looking for a greener option in the form of the Tucson Hybrid or even the Tucson Plug-In Hybrid, expect discounts to not be nearly as favorable this holiday season.
On November 1st, Mazda began offering 0.9% APR financing for up to 36 months on the CX-90 crossover. What's more, Mazda Financial is offering No Payments For 90 Days. Finally, you can get an additional $2,000 Incentive Cash on all Preferred Plus and Premium trims.
This may be the best deal we've seen to date on the 2024 Mazda CX-90. After all, it's not every day that you can get cash back plus low interest and the prospect of no payments till 2024. Unfortunately, the biggest downside is that some of these deals vary based on the trim.
For example, all versions of the Turbo S have a higher interest rate of 2.9%. The $2,000 CX-90 rebate deal is also limited to the Preferred Plus and Premium versions. As a result, CX-90 discounts may vary significantly from one SUV to the next at your local dealer.
Mazda added a $1,500 incentive for the 2024 CX-50 the day before Thanksgiving. You can take advantage of this deal when both leasing or financing and it can be combined with existing Mazda incentive programs. Like the other Mazda deals, it's good until the end of the month.
If you're looking on something smaller, you may be able to save on the compact CX-30 as well. Mazda is offering their smallest SUV with $1,000 APR cash from November 15th to the end of the month.
This deal is only being advertised in the Southern region, so be sure to contact your Mazda dealer for a quote.
On November 1st, Volkswagen launched its annual Sign Then Drive lease deal. Surprisingly, the all-electric 2023 Volkswagen ID.4 is eligible for the promo. Unlike a normal lease, this is a Sign & Drive deal that also covers your first month's payment as well as the acquisition fee.
On the West Coast, VW's new holiday ID.4 lease starts at just $489 per month. Our analysis found that the offer includes an $8,000 lease incentive that you can't get on a purchase. The advertised price is for the ID.4 Pro, which has an EPA-estimated range of up to 275 miles.
For a limited time, Acura is offering $1,000 in Holiday AFS Lease Loyalty Cash on the 2024 MDX. The incentive is meant to reward current Acura lessees with a discount toward a new lease. Alternatively, those coming from a competing brand can take advantage of a $1,000 Lease Conquest incentive.
The best part is that you can stack the new discount with other incentives. If you're a current Acura owner, that means the $1,000 can be combined with a separate $1,500 Acura loyalty discount or a $750 Conquest Offer. Altogether, that's up to $2,500 in potential savings you can get this holiday season.
Acura Financial is also offering 2024 MDX financing deals starting at just 3.9% for 36 months or 4.9% for 60. While most of Acura's incentives exclude the sporty MDX Type S, a dealer incentive bulletin says that the $1,000 holiday bonus is available on all trims, making it a better deal than we thought.
Black Friday Car Deals
Through November 15th, Audi is offering Costco warehouse members a $5,000 bonus on the 2024 A8 sedan. The best part is that the deal can be combined with other offers. However, if you can still find one in stock, we think that the 2023 Audi A8 may be a much better deal.
As of this writing, Audi is offering a $12,500 Customer Credit when buying or leasing the outgoing sedan. Combined with the $5,000 Audi Costco deal, that's $17,500 in savings. Odds are that you'll have a tough time finding a deal that good on a BMW, Mercedes, or Lexus.
Audi's National Customer Credit is due to end on October 31st. Stay tuned for possible changes starting on November 1st. We'll also let you know if Audi decides to extend its fall Costco deal or not. Based on our records, Audi's annual Costco deals offer some of its best discounts.
Black Friday Truck Deals
On November 15th, Ford began offering 2.9% financing for 72 months on the Ford F-150. Just about every configuration is eligible excluding limited-production styles like the F-150 Tremor and Raptor. Previously, our records indicate that the 72-month rate on the 2023 Ford F-150 was 4.9% APR.
On a $50,000 truck, we estimate that this can effectively translate to a nearly $3,300 price cut on the cost of a loan. What's more, the lower interest rate from Ford Credit can also result in a lower monthly payment of $757 (down from $803). This is an unusually good financing deal for the Ford F-150.
The catch is that this is a standalone deal that can't be combined with other incentives. That's based on a bulletin sent to dealers by Ford Credit. The offer is set to end on January 2nd, 2024, and is available nationally. Generally speaking, other Ford F-150 deals can vary depending on where you live.
Current Honda lessees can get one of the best truck deals around. Honda is offering a Black Friday loyalty lease for just $309 per month over 36 months with $3,099 due at signing. The effective monthly cost works out to just $395; a steal for a $40,175 vehicle.
Don't feel left out if you're not currently leasing a Honda. The Ridgeline is available for a still-competitive $349 a month for 36 months with $3,199 due at signing, which works out to an effective monthly cost of $438.
The venerable Tacoma is finally getting a redesign next year, making now a great time to buy a 2023 if you prefer the current generation. Toyota tacked on $1,000 APR cash to sweeten the deal further this Black Friday.
This deal is good until December 5th, but it's only being advertised in the Chicago area, so be sure to get a quote from your dealer.
The Toyota Tundra's high residual value can make it better to lease than some might think. In the Southeast, the 2024 Toyota Tundra SR5 Double Cab can be leased for $429 for 36 months with $3,728 due at signing. The deal is based on an MSRP of over $46,000 and an allowance of 12,000 miles per year.
The best part is that the Toyota Tundra is also eligible for an extra $500 in Holiday Lease Bonus Cash. Toyota's holiday discount can actually be applied toward the advertised price to make it even more affordable. Toyota isn't offering a Tundra holiday bonus in other parts of the country, at least not yet.
Given that the Toyota Tundra and Tundra Hybrid don't have any rebates for buying, we think that they may be better to lease than to buy. Expect Toyota Tundra inventory to be limited compared to other trucks like the Ford F-150 and RAM 1500. Financing rates may also be higher than most competitors.
All Black Friday Car Sales
Since there are all sorts of Black Friday car sales, we'll list some of the most noteworthy holiday car incentives by brand below. In some cases, these may be limited-time deals you can only get in November.
For cases in which deals haven't been announced yet, we'll give you inside tips on what to expect and when. In some cases, it may be worth it to wait. In other cases, you may not want to get your hopes up.
Acura Black Friday Deals
Acura doesn't offer Black Friday rebate deals like other automakers. However, on November 17th last year, the company began offering a hidden loyalty discount called the Acura Ambassador Loyalty Offer which was essentially a $750 lease discount.
Acura deals have been relatively weak next to competitors, with relatively high lease prices compared to what we saw in the past. Don't count on 0% financing deals from Acura, especially in the current market. We'll post updates as they become available.
Audi Black Friday Deals
Between November 1-30, Audi is offering 2.99% APR financing for 48 months on its 2023 car lineup. If you'd prefer to buy a 2024 Audi, the rate is 3.99%. Although we've seen lower rates in the past, Audi is also offering a National Customer Credit worth thousands of dollars on just about every model in its lineup.
In what may be the most extreme case we've seen so far this year, the Audi RS e-tron GT has up to $38,500 in savings. Alternatively, there's now a loyalty discount for Q5 lessees that essentially pays drivers $2,000 to upgrade to an Audi EV. Most Audi offers are available nationally.
Chevy Cyber Cash Sale
Chevy typically introduces a $500 Cyber Cash coupon on select models before Black Friday. To get the discount, Chevy makes you go to a website and register for an offer PIN. The deal can usually be combined with other incentives but excludes models like the Camaro, Corvette, and others.
What's more, Chevy's Cyber Cash deal can't be used on Buick, GMC, and Cadillac vehicles. In recent years, Chevy's lease deals have often included the Cyber Cash coupon. If this proves to be the case again, you may have to take some extra steps to get the advertised lease prices.
Chevy also usually launches a Costco holiday promo around this time. Last year's deal added an extra $1,000 off a variety of vehicles like the Chevy Equinox and Tahoe, with a smaller $500 incentive on the Bolt EV. This year's deal hasn't been announced yet but stay tuned for updates.
Chevy Red Tag Sale 2023
Between November 1-15, Chevy is offering $500 Red Tag Bonus Cash on the following models.
This is a discount that you can get whether you buy or lease, and can be stacked with other incentives. Both the 2023 and 2024 model years are eligible for the incentive, which is available nationally on these vehicles only.
We think there's a strong chance based on previous years that Chevy will convert this incentive to something called a Cyber Cash coupon on November 16th. We've provided some information on that in the section above.
On the 2023 Chevy Silverado Turbomax, you can now get up to $1,750 in savings off MSRP. In the Northeast, Chevy customers may also be eligible for $2,500 in Chevy Purchase Loyalty for even more savings this month.
Chrysler Black Friday Sales Event Updated
Chrysler started its Black Friday sale on November 25th last year. The best deal involved 0% financing on the Chrysler 300 (a price cut from the previous rate of 6.49%). This year, they tacked on up to $2,000 in bonus cash on V6-powered 300 trims, while the V8s benefit from a $1,000 bonus. The gas-powered Pacifica minivan also gets $1,000 bonus cash.
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Dodge Black Friday Deals
Dodge started its Black Friday sale on November 25th last year. The best deal was 0% APR for 60 months on the Dodge Durango GT on the West Coast. Before that, the best rate was 6.49% with Chrysler Capital. The Dodge Charger GT also got up to a $2,500 discount. Stay tuned for this year's deals in the weeks ahead.
Ford Black Friday Deals Updated
On November 15, Ford launched a 90-day payment deferral on every vehicle in its lineup. To get the deal, you'll need to finance your car through Ford Credit. The incentive will end on January 2nd, 2024, and may be appealing if you're interested in delaying your first month's payment until after the holidays.
Ford usually launches Black Friday car deals in the final days leading up to the holiday. Last year, the company offered a 1-day-only deal consisting of a $500 Amazon Gift Card in the state of California. Buyers had the opportunity to take a $500 discount off select models instead of the Amazon Gift Card.
At the time, the deal did have some noteworthy exclusions. Apart from the usual suspects like the Ford F-150 Raptor, the list included vehicles like the Mustang Mach-E, Maverick, and Bronco.
More recently, Ford Credit actually lowered interest rates for buyers with bad credit. In the case of the popular Ford F-150, our analysis found that a 4% cut in interest rates could translate to $7,000 in savings for consumers. Bad credit is often defined as having a FICO score of 660 or less.
If you're shopping for an EV, Mustang Mach-E savings can hit $13,000 when factoring in a federal tax credit. Even the F-150 Lightning offers $15,000 in savings, the highest we've seen to date. Inventory of these vehicles has reportedly been piling up suggesting it could be a good time to buy.
Genesis Black Friday Sale
Between November 1-30, Genesis is offering $1,000 Signature Event Bonus Cash on every model in its lineup. The discount can be combined with most other incentives for maximum savings. In the case of the 2023 Genesis G70, that includes 3.49% financing for 60 months plus a $1,500 Competitive Owner Coupon.
The Competitive Owner Coupon be combined to bring your savings to $2,500 off MSRP. It's available to owners and lessees of a competing car brand. Alternatively, the all-electric GV70 EV has a $1,000 Competitive Owner Coupon with a $500 bonus for Tesla owners. Here, too, that's a total of $2,500 in savings off MSRP.
Through the end of the month, Genesis lease deals start at just $429 for the G70. Offers can vary by region so we recommend checking with your local dealer for complete details. Vehicles like the GV60 EV may also be harder to find since they are only sold in select states. Expect prices to go up once we get to January.
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Honda Black Friday Sale New!
Honda doesn't usually offer Black Friday deals, but they added some intriguing lease enhancements midway through the month.. However, if you're looking to lock-in current interest rates, Honda Financial is offering a 90-day rate lock deal on ordered vehicles. If you don't see the car you want in stock, this could be a way to lock rates as low as 0.9% APR.
For those planning to lease, the Honda Ridgeline Sport currently ranks among the best trucks to lease. The best deal includes a $1,500 loyalty discount for returning Honda lessees. In addition to the Ridgeline, Honda also enhanced the Pilot and Accord's lease deals, with loyalty payments as low as $269 for the 2023 Accord. For buyers, just about every 2024 Honda model offers 3.9% APR for 48 months, including the popular CR-V Hybrid and Pilot SUVs.
Hyundai Black Friday Sale Updated
Between November 1-30, Hyundai is offering no payments till 2024 on select models. This 90-day deferred payment incentive can be combined with 0% financing for 60 months on the following vehicles: 2024 Hyundai Tucson, 2023 Santa Fe, and the 2023 Santa Fe Hybrid. They also tacked on $500 in bonus cash for all 2023 Sonata models Thanksgiving week that's good until the end of the month.
Alternatively, Hyundai is offering $0-down Sign & Drive leases on the Tucson and Santa Fe. Unlike a normal zero-down lease, the biggest benefit is that Hyundai will cover your first month's payment. The zero-emission Hyundai IONIQ 5 also features up to a $10,000 discount.
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Infiniti Black Friday Sale
Infiniti's Black Friday sale launched on November 16th last year and consisted of a $3,000 Winter Bonus on the QX80. No other Infiniti model had a Black Friday deal. We think great Infiniti Black Friday deals are unlikely in 2023. We'll post updates to this section if and when they become available.
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Jeep Black Friday Deals
Jeep is offering 10% off MSRP on select models till November 30th. The 2023 Jeep Renegade leads the way, followed by the Jeep Compass, the 2-row Jeep Grand Cherokee, as well as the 3-row Grand Cherokee L. Alternatively, those in western states can now get Employee Pricing on the Jeep Wrangler 4xe plug-in SUV.
Last year, Jeep began offering 0% financing on the Gladiator in late November. Jeep's Black Friday Sale also consisted of Holiday Bonus Cash worth up to $2,500. Unfortunately, 0% financing deals have become practically non-existent from Jeep. Odds are that this year's "percentage off" deals may save you the most money.
Kia Black Friday Deals
Through January 2nd, Kia is offering trade-in assistance on a slew of vehicles. However, the amounts vary depending on whether you lease or buy. The model with the biggest discount is the Kia EV6. It's eligible for $7,500 in lease support plus an extra $1,000 off the EV6 GT. With the trade-in deal, that's $9,500 off MSRP.
Kia Trade-In Assistance When Leasing
- 2023 Kia Forte: $500 trade-in assistance deal
- 2024 Kia Sportage: $500 trade-in assistance deal (2023 Sportage eligible, too)
- 2024 Kia EV6: $1,000 trade-in assistance deal (2023 EV6 eligible, too)
- 2023 Kia Sorento Gas: $1,000 trade-in assistance deal
Kia Trade-In Assistance When Buying
- 2023 Kia Forte: $250 trade-in assistance deal
- 2024 Kia Sportage: $250 trade-in assistance deal (2023 Sportage eligible, too)
- 2024 Kia EV6: $500 trade-in assistance deal (2023 EV6 eligible, too)
- 2023 Kia Sorento Gas: $500 trade-in assistance deal
Lincoln Black Friday Deals New
On November 15th, Lincoln began offering a 90-Day Deferred First Payment Program on every vehicle in its lineup. You can combine the deal with interest rates as low as 0% APR for 48 months in the case of the 2023 Lincoln Nautilus. The program is set to end on January 2, 2024.
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Nissan Black Friday Deals New
On November 20th, Nissan began offering a Black Friday Bonus Cash program on select 2023 models. The 2023 Armada leads the pack with $1,000 in bonus cash, while the Frontier, Murano, and Rogue are offered with a $500 rebate. This program is set to end at the end of the year.
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RAM Black Friday Deals Updated
Through November 30th, the 2023 RAM 1500 offers a 15% discount off MSRP, which is up from the 10% we'd been seeing earlier. A few trims, namely the Rebel, are still offered at 10% off but just about every RAM 1500 crew cab is eligible for the deal, as well as some versions of the RAM 1500 Quad Cab. What's more, the RAM 1500 Classic (an older version of the RAM 1500) has the exact same deal.
We think this year's best deal is the fact that both the 2023 RAM 2500 and RAM 3500 feature 10% off MSRP. On a $60,000 truck, a 10% discount would translate to $6,000 off MSRP. Given the fact that RAM's HD trucks rarely get big discounts, these unusual deals may be worth taking advantage of.
VW Black Friday Sale
VW unveiled Sign & Drive leases with no money down last year. Unfortunately, our analysis found that VW's $0-down Sign & Drive leases were very expensive. As an example, the 2023 Atlas SE V6 with Tech Package was listed at $729 a month. Only SUVs benefitted from the promo. Stay tuned for updates.
When Do Black Friday Car Sales Start?
Black Friday car sales are typically announced in the days and weeks before the holiday. Black Friday 2023 will take place on Friday, November 24th. In addition to last-minute Black Friday car sales, we tend to see some brands offer month-long Black Friday car incentives that give buyers ample time to shop around.
Some Black Friday sales can be easy to predict. For example, GM has offered Chevy Cyber Cash for at least the past couple of years. It typically involves a $500 coupon that you have to register in order to get. We also tend to see deferred payment deals. Hyundai is already offering no payments till 2024.
In some cases, seasonal deals can save you a good chunk of money. For example, GM has an annual Costco promo that can save you as much as $1,000 on select vehicles. A year ago, it was the only way to get a discount on vehicles like the Chevy Tahoe. We expect details to be announced very soon.
November can also mark the start of luxury deals like the Lexus December To Remember sales event. In the case of the Lexus ES, lessees could score up to a $4,500 lease cash incentive. These deals can sometimes vary based on where you live. We'll let you know which deals are available nationally.
Is Black Friday A Good Time To Buy A Car?
Black Friday can be a good time to buy a new car if there are deals on the car you want. If there aren't any Black Friday deals, odds are there will be no advantage in buying a car or truck during that time. After all, car lease deals have been harder to find and the average interest rate has reportedly almost hit 10% APR.
Black Friday can sometimes trigger special sales events. A year ago, Chrysler, Jeep, Dodge, and Hyundai all offered No Payments For 90 Days. If you could use the flexibility to plan your holiday budget, this could be a deal worth taking advantage of. Lexus has been known to cut lease prices around this time as well.
While fall sales events typically kick into high gear, the lack of inventory has eliminated many deals. In particular, 0% financing deals have been very difficult to find. Deals we do see often have a catch. For example, Nissan's 0% APR deal on the Rogue is limited to 36 months and only on the expensive Platinum trims.
Unfortunately, dealer market adjustments continue to present a challenge. In some cases, dealer add-ons can have a big effect on your final costs. The good news is that buyers may find dealers to be more flexible when it comes to avoiding a markup. The best way to know is to shop around with multiple dealers.