Used and unsold SUVs on offer - here are the current proposals for 2025
As dealerships prepare for new model arrivals, unprecedented opportunities are emerging in the SUV market. With a combination of unsold inventory and quality used vehicles, buyers can find exceptional deals on popular SUV models. Many of these vehicles come with substantial savings, warranty coverage, and premium features that make them particularly attractive alternatives to new models.
What’s driving the current SUV deals market?
Several factors are contributing to the abundance of SUV deals in the market. Firstly, the automotive industry is experiencing a transition towards electric and hybrid vehicles, prompting dealerships to clear out their existing inventory of traditional gasoline-powered SUVs. Additionally, economic uncertainties have led to a slight decrease in new car sales, resulting in a surplus of unsold vehicles from previous model years.
Another significant factor is the increasing popularity of leasing, which has led to a steady influx of low-mileage, well-maintained used SUVs returning to dealerships. These vehicles, often only a few years old, present excellent value for buyers looking for near-new SUVs at a fraction of the cost of brand-new models.
Which SUV segments offer the best value right now?
The compact and midsize SUV segments are currently offering some of the best values in the market. These versatile vehicles strike a balance between fuel efficiency, spaciousness, and practicality, making them popular choices for families and individual buyers alike.
In the compact SUV segment, models like the Honda CR-V, Toyota RAV4, and Mazda CX-5 are frequently available with attractive deals. These vehicles offer excellent fuel economy, advanced safety features, and ample cargo space, making them ideal for urban dwellers and small families.
For those seeking more space and power, the midsize SUV segment presents compelling options. Models such as the Ford Explorer, Hyundai Santa Fe, and Kia Telluride often come with significant discounts on unsold inventory or as certified pre-owned vehicles.
How significant are the savings on unsold inventory?
The savings on unsold inventory can be substantial, with discounts ranging from 10% to 20% off the original MSRP for new, unsold SUVs from previous model years. In some cases, buyers may find even deeper discounts on less popular models or those being phased out.
For example, a midsize SUV with an original MSRP of $40,000 might be available for $32,000 to $36,000, depending on the specific model and dealership. These savings can translate to thousands of dollars off the sticker price, making higher-end SUVs more accessible to a broader range of buyers.
What should buyers look for in low-mileage used SUVs?
When considering low-mileage used SUVs, buyers should focus on several key factors to ensure they’re getting the best value:
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Vehicle history: Look for SUVs with clean vehicle history reports, indicating no accidents or major repairs.
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Mileage: Aim for vehicles with lower mileage, ideally under 30,000 miles for models that are 2-3 years old.
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Warranty coverage: Many certified pre-owned SUVs come with extended warranty coverage, providing peace of mind for buyers.
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Features and technology: Look for models equipped with desirable features such as advanced safety systems, infotainment upgrades, and comfort amenities.
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Condition: Inspect the vehicle thoroughly for any signs of wear and tear, and consider having a trusted mechanic perform a pre-purchase inspection.
What are the current top SUV deals in the market?
While specific deals may vary by location and change over time, here are some of the top SUV deals currently available in the market:
Model | Type | Key Features | Estimated Savings |
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Honda CR-V | Compact | Fuel-efficient, spacious interior | Up to 15% off MSRP |
Ford Explorer | Midsize | Powerful engine options, advanced tech | Up to 18% off MSRP |
Hyundai Tucson | Compact | Modern design, hybrid options | Up to 12% off MSRP |
Chevrolet Traverse | Large | Spacious three-row seating, ample cargo | Up to 20% off MSRP |
Mazda CX-5 | Compact | Premium interior, sporty handling | Up to 14% off MSRP |
Prices, rates, or cost estimates mentioned in this article are based on the latest available information but may change over time. Independent research is advised before making financial decisions.
These deals often include a combination of cash-back offers, low-interest financing, and additional incentives for qualified buyers. It’s important to note that the best deals may be found on slightly older models or those with higher inventory levels.
In conclusion, the current SUV market offers exceptional opportunities for buyers looking to get more value for their money. Whether opting for unsold new inventory or low-mileage used SUVs, consumers can find significant savings across various segments. By carefully researching available options, comparing offers from multiple dealerships, and considering factors such as warranty coverage and vehicle history, buyers can take advantage of the current market conditions to secure their ideal SUV at a competitive price.