It’s tempting to want the newest, coolest model of whatever’s available, and cars are no different. But newness means expense, and why opt for the newest model when the previous years will do just fine? Thanks to unsold inventory at the resellers, prices are better than ever. Resellers need to make room for 2020 models and luckily, savvy internet users have the chance to get a top-of-the-line SUV or Crossover as resellers rush to clear space by posting the greatest available rebates online.
Difference Between Regular and Luxury Type SUVs
Regular SUVs are equipped with everything necessary to drive efficiently and safely. Luxury SUVs have all that and quite a bit more. Luxury materials such as quality leather or high-end wood grace the interiors of luxury models, as well as high-end sound systems.
The luxury feel is not limited to aesthetics only. Luxury models often feature superior mechanical components such as stronger engines, smoother braking, and suspension for a more enjoyable experience, Consumer Reports claims. [1]
Car Payments Have Become Very Affordable
If someone ever wanted to own one of these beasts, this is the time to act. Two aspects of the car industry have combined to make a real purchasers’ market. For one, used SUVs have become more readily available, according to Chicago Tribune. [2] Off-lease ones with low mileage can be found for below-average prices today, upping the requirement for SUVs on the car market. Secondly, the general shift of focus from sedans to SUVs among purchasers has spurred manufacturers to switch their focus as well, producing more SUV type vehicles than necessary in the process, lowering the price of the new SUVs by consequence.
A surplus of merchandise and a need to make up for lost profit has made resellers and manufacturers lower the prices of their products. As a result, today’s vehicles such as Jeeps and Land Rovers can be bought for a monthly payment of nearly$200 to $400.
Just as an example, according to reports from U.S. News, there is 0% financing for certain Jeeps. [3] In the same report, they point to a Mazda CX-3 being as low as $199 a month, or a Toyota RAV4 which will go for merely $219 a month. On the luxury side, they emphasize the Jaguar F-Pace model that starts as low as 419 dollars a month or Land Rovers with record low monthly payments of 399 dollars.
This is by no means a full list of markdowns, seeing how the market’s inventory is enlarging, which just drives the prices down even lower every month.
The Finest Markdown And How To Find Them
As always, more research is the answer. Be sure to check both independent resellers as well as the manufacturers and see what they have to present. Also, make sure to compare and contrast different options available. Another handy trick is to wait for resellers to start selling their unsold vehicles.
It’s very probable this climate will change soon, so if one’s dream was to be the proud owner of an SUV, they might want to keep this unique opportunity in mind.
[1]https://www.consumerreports.org/cro/cars/luxury-cars/buying-guide/index.htm
[2]https://www.bloomberg.com/news/articles/2017-02-17/suv-discounts-signal-flagging-demand-eroding-u-s-auto-profits
[3]https://www.bloomberg.com/news/articles/2017-02-17/suv-discounts-signal-flagging-demand-eroding-u-s-auto-profits