We're seeing some unusually good year-end car deals in the final days of 2023. Whether it's 0% financing, 15% off MSRP, or an extra $1,000 in holiday savings, there may be some compelling ways to save if you're buying or leasing a new car, truck, or SUV.
Manufacturers have been offering lower interest rates and offering bigger rebates at year's end, though most of these incentives are set to end on January 2nd. Depending on what you're looking to buy, this may be an excellent time to buy the car you want.
Here are some of the latest and greatest deals we found.
Updated on December 27, 2023
On December 22nd, Ford began offering $1,500 in Trade-In Assistance Bonus Cash on all versions of the Mustang Mach-E. This is a bonus that can be combined with other incentives if you have a 1995 or newer vehicle to trade. We're seeing a similar deal on most 2023 Ford models, including the F-150 Lightning EV.
The downside is that this appears to be a regional deal limited to California and Hawaii. The offer is set to end on January 2nd and will most likely not be renewed. Given the fact that Ford expects the Mach-E tax credit to go away on January 1st, now may be your last chance to take advantage of these incentives.
On December 19th, Chrysler Pacifica Hybrid interest rates were cut to 0% APR for 60 months. This could make the plug-in hybrid significantly more affordable to finance than the gas minivan that's listed at 3.9%. Having said that, Pacifica Hybrid leases offer over $17,000 in savings, one of the best deals on any plug-in. The offer ends on January 2nd.
Nissan's all-electric Ariya crossover has some killer deals starting at just $199 a month. While Nissan Ariya incentives do vary by region, now could be a great opportunity to save before offers end on January 2nd. Since the Ariya doesn't qualify for a tax credit, expect leases to offer the biggest savings for EV shoppers.
On December 19th, most versions of the 2023 Jeep Gladiator became eligible for 15% off MSRP when buying or leasing. Previously, that discount was limited to the entry-level Sport trim, with the better-equipped Gladiator grades at just 10% off MSRP. This could result in a boost in savings if you've had your eye on a new Gladiator Rubicon, Mojave, or Overland trim before the deal ends on January 2nd.
On December 20th, Acura began offering a $1,000 Holiday AFS Lease Loyalty/Conquest discount on select models. This is essentially a discount that you can get for financing or leasing through Acura Financial Services when you a) come from another Acura lease or b) currently have a lease from a competing brand.
Eligible vehicles include the 2023 Acura TLX, 2023 Acura RDX, and the 2024 Acura MDX. The best part is that you can stack the discount with other incentives. In the case of the MDX, that can mean $2,500 in combined savings for current Acura lessees. Even Type S versions of the TLX and MDX qualify for the $1,000.
On December 16th, Nissan expanded 0% financing on the popular Rogue to no longer focus on the range-topping Platinum grade. You can now get zero-percent APR on SV, SL, and Platinum grades. Nissan also lowered the interest rate on the Rogue S to just 0.9%, the best deal in months. Offers end on January 2nd.
There's a head-turning loyalty discount on the Dodge Durango this month. Current Chrysler Capital lessees can score $2,000 in Lease Loyalty Bonus Cash on most versions of the midsized SUV. Even the high-performance Durango SRT is eligible for the deal, which is currently set to end on January 2nd.
On December 21st, Subaru cut financing rates on the 2024 Outback to just 1.9% for 48 months. Previously, the rate was 2.9% APR. On a $40,000 wagon, we estimate that the change in interest rate could translate to a savings of almost $900 over the life of a loan. Even the Outback Wilderness is eligible.
Interestingly, our analysis found that the 2024 Subaru Outback can be significantly less expensive to finance than a 2024 Forester (currently listed at 4.9% for 36 months). As we reported earlier this month, the 2024 Outback is also cheaper to lease than the Forester despite having a slightly higher sticker price.
On December 15th, GM began offering a $1,000 discount for Costco warehouse members on the 2024 Chevy Blazer EV. While this is certainly a Blazer EV deal that you can't get otherwise, Chevy reportedly issued a stop-sale on the all-electric SUV following highly publicized reports of electronics issues.
On December 18th, Audi began offering a free Electrify America home charger on its lineup of EVs. Alternatively, if you already happen to have a charger, the German automaker will provide a $500 gift card. This could be a worthwhile deal if you're looking to take the plunge by going all-electric Audi this year.