These New Car Deals Will Make You Want To Trade In Your Car

Buying a new new is both a huge investment and a significant loss. A brand-new car loses its value immediately, wasting you tens of thousands of dollars the second it hits city streets. As Carfax reports, a newly purchased vehicle loses 10% of its value immediately upon purchase, and it loses an average of 15 to 25% of its value every single year you own it. Yet countless drivers choose new cars instead of used, opt to buy instead of lease–and that’s because in special circumstances, buying a new car could be the smartest choice.

Buying a new car could actually save you money. You just need to find the right deal–the kind of deal that makes trading in your current car worthwhile. Scoring a surprisingly low price on your new car purchase is a smarter financial choice than sticking with your old model.

These New Car Deals Will Make You Want To Trade In Your CarRight now, new cars are at their lowest prices of the entire year. Dealerships across the country are offering discounts totaling thousands of dollars. At these rock-bottom prices, you won’t wonder whether you should trade in your old car.

Small Cars

2018 Toyota Corolla LE CVT

The Toyota Corolla has long been a favorite small-sized car, and the 2018 model year is both a reliable vehicle and a fantastic deal. Priced at $19,880 MSRP, just a little over $1,000 more than the invoice price, dealerships want to sell as many of this model as they can. Toyota lots are offering rebates for College Graduates and Veterans, $750 and $500 respectively.

2018 Toyota Prius Prime

The Toyota Prius is one of America’s favorite vehicles. Featuring fuel economy that can reach as high as 54 mpg, a spacious trunk and interior, and a smooth ride, the Prius is a new car that will save drivers money at the gas station each month. Currently priced around $27,300 MSRP, Toyota dealerships across the country are offering $4,000 cash back and 0.9 percent APR for 60 months. The deals end in December, so act fast.

Sedans

2018 Hyundai Elantra SEL 2.4L

The 2018 Elantra SEL provides great gas mileage and impressive cargo space for its traditional sedan size. Reasonably priced, the newest Elantra is currently under $20,000. Hyundai is sweetening the deal through the end of the year with potential rebates of up to $4,000. This new car, with the current available discounts, can be yours – and it’s so cheap, the dealership will practically be giving it away.

2017 Mazda6 Sport

One of the most popular sedans thanks to impressive fuel economy and upscale design at a lower price point, the 2017 Mazda6 Sport is seeing deep discounts as the year wraps up. Priced at $23,870 – just $1,000 more than the average dealer’s invoice price – Mazda dealerships across the country are offering up to $750 in part with their loyalty and trad-in reward programs. Grab this comfortable, highly-rated vehicle for thousands of dollars off.

SUVs

2018 Nissan Murano 

For a rugged and sporty SUV, the 2018 Nissan Murano offers drivers and passengers a luxurious interior, comfortable seating, and high-tech features. And its current price won’t break the bank, either. Priced at around $31,000 MSRP, Nissan is offering $1,500 cash back and $299 a month on a 36-month lease.

2018 Ford Escape

One of 2018’s highly anticipated vehicles, the newest Ford Escape is a perfect combination of quality and extravagant comfort rolled into a strong-performing SUV. With athletic handling and premium features equipped on every trim level, the 2018 Escape has seen its MSRP drop to $23,940. Plus, Ford just announced zero percent financing for 60 months with $1,000 bonus cash and $1,000 Conquest cash.

Pickup Trucks

2019 Ford F-150 XLT 

Pickups like the 2019 Ford F-150 XLT are some of the hottest buys at the end of the year. As such, they see the steepest discounts. So, head to your Ford dealership to get this truck’s best-in-class towing capacity and high-quality tech features for less than the average MSRP of $34,160. You only have a few weeks before the price increases for 2019.

2018 Toyota Tundra 4×4 SR5 Double Cab 5.7L

The 2018 Toyota Tundra SR5 4×4 Double Cabcomes with an amazing number of exceptional standard features – but it also comes with a sizeable dealer markup of more than $3,000. A higher-priced option than the rest of its competition, the 2018 Tundra starts at a sticker price of more than $30,000. Visit your local dealership during December, however, and you’ll be able to get a lease for $319 a month with $3,699 due at signing.

There’s A Better Car At A Great Price

Why pay to repair your old, outdated car when you can purchase a new model at a sizeable discount during the month of December? Swapping your current car for a model that’s a smart investment and an on-sale buy is the smart choice.

The above deals can change–when it comes to the differences between local dealerships and the demand for these popular models, don’t forget to ask about pricing and limited-time deals before heading out for a test drive. You don’t want to fall in love with a new car only to discover you’ve missed the deal!

Featured Tip

Since 1974, the Toyota Corolla has been the best selling car in the world. Ford’s F-series and the Volkswagen Beetle are the two closest runners up, taking second and third place in history.