When you’re in the market for a car, you can feel pressured to buy on a holiday weekend because carmakers typically offer great new car incentives and discounts around that time. If you missed buying a car over the July Fourth weekend, don’t worry. Car deals for the rest of July, and in some cases, the rest of the summer, are rolling out and there are some great new car deals available. Why are summer new car sales and incentives so strong? Car companies and dealers are trying to sell down their stock of vehicles from the 2015 model year because the 2016 cars, trucks and SUVs are on their way.
Ford has a massive summer sales event going on now through Sept. 30 The current Ford deals include no-interest financing for up to six years, and you’ll still have room in your budget for summer fun because they won’t start your loan payments for 90 days. This offer is available on models including the 2015 Ford C-Max, Fiesta, Focus, Fusion, Taurus, Escape, Explorer and Expedition, depending on what region you’re in.
If you like the idea of skipping payments for a while, but want something more rugged than what Ford is offering, the Jeep summer clearance event allows you to delay your loan payments by 90 days on all Jeep models, so you can enjoy an open air ride in the Jeep Wrangler now, or delay your payments on a new Jeep Grand Cherokee and be all set for when the snow starts to fall. The Jeep summer clearance event continues through Aug. 3.
Honda is another automaker with deals that will last longer than your beach-week tan. Now through Sept. 7, Honda has low interest rates of 0.9 percent for two to five years (the length of the loan term depends on the model) on models like the Civic, Accord and Odyssey.
There’s no need to hustle to take advantage of Cadillac’s summer offers, which are good through the end of August. Cadillac deals include $2,000 cash back or zero percent interest for up to five years on models like the Cadillac ATS and CTS, as well as up to $4,000 cash back on the XTS and $3,000 cash back on the SRX.
The only thing that drives better than a BMW is a BMW you got a deal on. Through the end of July, BMW is offering 1.9 percent financing on pretty much every model in its lineup from the 2-Series on up to its X line of SUVs. With that low financing rate, you’ll be able to put some money away for the speeding tickets you’ll inevitably get.
A BMW may not fit into your budget, even with a great financing deal, but buying a Volkswagen gets you into a German car at a more affordable price. During the Volkswagen Model Year End Sales Event, you can not only take advantage of no-interest financing on models like the 2015 Volkswagen Jetta, Passat, CC, Beetle, Tiguan and Touareg, but you can also get a $1,000 pre-paid Visa card when you buy or lease a 2015 Tiguan, Jetta or Passat.
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