Automakers and dealers alike come up with numerous promotions for selling off car on this holiday season
Right now Black Friday is being touted as one of the best days of the year to buy a new car. The holiday season is also an opportunity for automakers and car sellers to kick off a savings event. On Black Friday numerous dealers offer incentives on many cars which include discounts, promotions and deals to boost sales.
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Last month we heard some interesting news when it was reported car sales are at an all-time low. In October car sales dropped by 5.8%, so definitely car sellers are looking for ways to make up this halt in sales. Only last month J.D. Power reported auto manufacturers are giving back an average of $3,723 in incentives for the month of October, which is basically 10% off the retail price of cars. All of this has amounted to bigger and better discounts this holiday season.
Now the questions remains which car deals are especially rich and plentiful this Black Friday weekend. The field is ripe with discounts for those keen to pick up the new cars but with 2016 models. A lot of these 2016 models are being advertised with lucrative cash-back and cut-rate financing incentives.
This Black Friday Renault seem to be in an extremely generous mood as it is offering more than £2,500 off selected cars. The discount will last all the way until the 30th of November. The biggest discount by Renault is on the Renault Clio outgoing version. Meanwhile £1,950 off on the Captur, £1,850 off the new Megane and a £1,550 discount on Kadjar is also on the table by Renault especially over this holiday season.
Infiniti is not far behind on Black Friday discounts as the automaker is offering a number of special offers and deposit. But there is a catch, since the sister brand of Nissan is remaining hush about the fine details. Interested parties are allowed to register on their website to get offers on their cars as soon as they arrive. An expected offer by Infiniti may be given on deposit contribution on the Q50 2.2d Sport MM Auto with a $17,307 discount.
The holiday season is not just for practical cars but luxury vehicles by Jaguars can also be availed of this Black Friday. Jaguar is offering a deposit contribution worth a whopping $4,494 on the new XFTop 10 this Black Friday. This discount applies to the new XF models which can be ordered from the 25th to 27th of November and if their registration occurs before the 31st of December, 2016.
On this shopping extravaganza Nissan is not one to be left behind and is willing to offer $10,000 cash back on its Titan XD pickup truck from its original price. Similarly Nissan is also giving away $10,825 as incentives on the 2016 Nissan Leaf along with $11,500 cash rebate.
Jeep is another automaker offering discount this Black Friday with £600 worth of free paint on its Renegade compact off-roader. This offer will be in place until the end of November. Jeep has other Black Friday offers too for US buyers. They can get a $500 Black Friday Bonus Cash on entire 2016 Jeep Cherokee lineup and up to $1,250 Bonus Cash on select 2016 Grand Cherokee models. Plus, take advantage of 20% off MSRP on select 2016 Jeep Cherokee models or get into any 2016 Renegade with 0% APR Financing for 60 Months or $2,000 Cash Allowance.
According to Vauxhall customers looking to buy the new Corsa 1.4 75 Energy 3dr can avail from a £1,100 deposit contribution. This promotion cuts down the monthly bills down to £149 over the four year payment period. Basically there will be no interest since it has been cancelled out through the deposit contribution.
This holiday season Skoda is offering not one but many car saving deals. The automaker is giving out 0% APR PCP deals on its cars like the Citigo, the Rapid and Rapid Spaceback, Octavia, and Yeti. These cars can now be bought with deposit contributions of £500 to £1,000. That’s not all Skoda is also offering a minimum part-exchange allowance worth £1,500 on all of its Rapid models.
Similarly the Fabia supermini by Skoda will only have a 2.9% APR charge along with a large £1,500 deposit contribution. For a Fabia supermini this is a very good value contribution, as it bring the price basically £1,000 less than before. The Skoda Superb is another car being offered with a £2,000 deposit contribution but the APR is 4% on this car. On the other hand the Fabia can be bought while saving £3,141 on the 1.2 TSI 90 SE model. The Fabia is being offered for only £10,864 over the Black Friday weekend.
If you preferred vehicle is a hatchback then this Black Friday you are on the lucky ones. Hyundai is offering great deals on its Hyundai i30 hatchback models. The deals are offered on many models with discounted prices ranging between $1,998 and $3,245. However the purchase has to be carried out via cash over the holiday weekend.
Kia on the other hand is giving out £1,000 or $1,248 off a range of its models. A test drive is also added into the package to sweeten the deal. Kia’s discount offer is applicable on cars like the Niro, Ceed and ProCeed GT, Optima Plug-in Hybrid, Sorento, Soul and Soul EV. The Optima Sportswagon models are also susceptible to this discount offer. Greater discounts on Kia cars can be availed off if the order is placed online.
The German automaker is another automaker boosting sales this holiday season. BMW has set up many discount offers online. Similarly the BMW 340i M Sport can be bought for a discounted price of just £30,000. Since the previous price of the 340i was £38,810, this new price comes with a discount of £8,894.
You can also buy Chevrolet, Buick, and GMC on this Black Friday with 20% off select 2016 US models.