Is the 4th of July a Good Time to Get a Great Deal on a Car?

Holiday weekends can be a great time to find good deals on everything — and that includes a discount on the MSRP of new vehicles. In the current market, the price of used vehicles is at the top of its bubble, seemingly ready to burst, making it almost just as reasonable to splurge on a brand new car rather than a used vehicle. With another holiday weekend coming up, does that mean you should be checking out the dealership lots to see if you can catch a great sale on a new car this 4th of July?

Toyota and Hyundai sales for 4th of July

fireworks on the 4th of july
Fireworks display | Gina Ferazzi, Los Angeles Times, Getty Images

According to Consumer Reports, there are quite a few deals worth taking a look at if interested in buying a new vehicle right now, and it all revolves around the 4th of July weekend. Toyota has the widest range of vehicles discounted this coming holiday weekend and includes their most popular sedan options. Hyundai only offers two vehicles at a discount, but they won’t leave you disappointed, either. If you stop by your local Toyota or Hyundai dealer, you can expect to see discounts for these vehicles:

  • 2021 Toyota Highlander: 11% discount
  • 2021 Toyota Corolla: 11% discount
  • 2021 Toyota Camry: 12% discount
  • 2021 Toyota Avalon: 15% discount
  • 2021 Hyundai Sonata: 11% discount
  • 2021 Hyundai Kona: 11% discount

Nissan and Kia

A white 2021 Nissan LEAF SV Plus electric car parked in a lot under a clear blue sky comes with a big discount for the 4th of july weekend
2021 Nissan Leaf SV Plus | Nissan Motor Corporation

Nissan and Kia also have their own fair share of discounts this 4th of July weekend as well. It includes some of the most popular options from each brand, including the 2021 Nissan Leaf, which you can expect to get a federal tax credit for buying a new electric car as well as the impressive discount rate. For the Nissan and Kia options, stop by the dealership to check out the discounts offered on these cars:

  • 2021 Nissan Altima: 11% discount
  • 2021 Nissan Leaf: 22% discount
  • 2021 Kia Stinger: 12% discount
  • 2021 Kia Sportage: 12% discount

Things to keep in mind this 4th of July weekend

The 4th of July weekend deals could mean big savings, but it also means that many other buyers may be on the hunt for a good deal, too. Having an idea of what cars you want to look at, and even checking out the inventory of your local dealership before hand is a smart idea. Arrive early to the dealership to make sure your next car isn’t purchased by another buyer, and anticipate spending a bit more time as you could be sharing the sales person’s time with other potential buyers. In general, it isn’t a bad plan to expect to spend several hours doing test drives, financing, and filling out paperwork.

the 2021 kia stinger on sale for the 4th of july
2021 Kia Stinger | Kia

The 4th of July weekend is a great opportunity to save on your next new car. With plenty of options to pick from, ,from electric cars, sedans, to SUVs, there is something for everyone, and at some pretty hardy discounts.

RELATED: Driving On the 4th of July? Deadliest Highway Holiday