SHOPSMART AUTOS – CUSTOMER INFORMATION – SEPTEMBER 25, 2021 -2
What’s the Best New-Car Deal for September 2021?With September comes back to school, tailgating and fall road trips. Along with falling leaves, car shoppers typically see falling prices on current model-year vehicles as new models start to arrive at dealerships. The vehicle inventory shortage remains stubbornly persistent, however, and deals remain sparse. Due to the ongoing global microchip shortage, car shoppers are encountering higher prices for both new and used vehicles, and common negotiating tactics are unlikely to move the needle.
According to J.D. Power’s August report, the average new-vehicle incentive last month hit a record low of 4.3%, which is down over five percentage points from the prior year. 2021 models are still very much in demand, even as 2022 vehicles start to roll in. Meanwhile, average used-car prices are at record highs, up 17% over last year, and narrowing the gap with new vehicles in some cases. Despite the challenges, the goal of finding the right vehicle at a fair price is attainable. The key is taking the time to prepare, researching many different makes and models, and remaining flexible. Choosing a lesser-known model and arriving at the dealership ready to buy is also advised in the current environment. To further help shoppers save on a new vehicle, we found thousands of dollars in deals on 2021 SUVs and trucks for September. Read below to find out where you can best save your money.
Chevrolet Equinox
Factory discount:
$3,000, excluding base trim
Approximate price after savings:
$24,500-$43,500
Approximate factory savings:
6-11%
Offer ends:
30
Ahead of a postponed refresh that’s now happening for 2022, the Chevrolet Equinox once again lands among the best car deals for September. Equinox shoppers can get $3,000 cash back on the LS, LT and Premium models, a savings of 6% to 11% depending on trim and options. The base L trim is excluded from the offer, but like most of Chevrolet’s L trims, it’s a rare find at dealer lots. Even though updated 2022 Equinox models are beginning to trickle in, 2021 models comprise nearly three-quarters of all new Equinox inventory as of this writing. In lieu of cash offers, shoppers with good credit can opt for 0% financing for 72 months on either model year if they finance with parent company GM. All deals are valid through Sept. 30. Are there others may be but for the next 5 days this is the best.
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