As always, car dealers view holidays as a time when they go into volume- mode. July 4th is a rare opportunity for them to start a new month on a high note.
We saw some incentive enhancements at the end of June, which was also the end of the second quarter of 2022. Almost without exception, we saw those incentives extended until this Tuesday July 5th. After this round of incentives ends next week, the likelihood is that incentives will drop. That almost always happens at the start of a new quarter, especially with new vehicle inventory shortages. 0% APR is for sure likely to go away with the recent Fed rate hikes.
Dealers will be very aggressive this week on trade values, pricing, and financing, so if you can get out and shop, the deals at our dealer affiliates will be very good. If you have a trade-in, the market is sky high, and every dealer tells me they’d much rather give too much for a trade-in than go to auction.
Go directly to any of our terrific dealer partners by clicking on Certified Dealers, near the top at CarProUSA.com, then pick your closest area. All of our dealers will be open on July 4th, they will take super care of you!
You can also click the link below to get access to the CarPro Network of dealers.