Black Friday Used Car Deals Can Save You Money

By

Managing Editor

As CarsDirect’s resident pricing expert, Alex offers must-know analyses 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 by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

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, Managing Editor - November 5, 2021

Even though an inventory shortage has resulted in skyrocketing prices, certified used cars can get consumers access to incentives that they wouldn't be able to get otherwise. In some cases, we're actually seeing pre-Black Friday used car deals like 0% APR from select manufacturers ahead of the holiday car sale season.

For example, Lexus is offering 0% APR for 36 months on all 2017 to 2019 factory-certified ES sedans. Once again, Chevy is offering 0% APR for 72 months on CPO Bolt EVs and Volt plug-in hybrids. Acura has announced ultra-low interest rates like 0.99% for 36 months on factory-certified TLX, RDX, and MDX models.

We're even seeing regional deals from Toyota despite severe inventory shortages. In New York, buyers will find 1.99% financing for 60 months on the Corolla, Camry, RAV4, and Highlander. It may be hard to believe, but in-demand models like the RAV4 Prime are eligible for the promo despite limited availability.

The best used car deals can sometimes offer lower rates than buying new. For example, Toyota's listed rate on the 2021 RAV4 Prime in New York is 4.14%. In the case of the 2021 Lexus ES, the lowest advertised rate is 1.9%. As a result, you may be able to secure a lower interest rate when choosing a factory-certified car.

There are also leasing options most shoppers may not be aware of. Even though leases are typically associated with new cars, some brands offer deals for leasing their CPO vehicles. For example, Toyota is offering lease rates equivalent to 2.4% APR on CPO 4Runners and Highlander models in most parts of the country.

Top Pre-Black Friday Used Car Deals

  • Acura: 0.99% for 36 months on TLX, RDX, MDX
  • Chevy: 0% for 72 months on Bolt EV and Volt
  • Honda: 0.99% for 36 months on Civic Accord, CR-V, Pilot
  • Lexus: 0% APR for 36 months on ES and ES Hybrid
  • Toyota: 1.99% for 60 months on Corolla, Camry, RAV4, Highlander

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, Managing Editor

As CarsDirect’s resident pricing expert, Alex offers must-know analyses 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 by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

Follow On: Twitter

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