Celebrate Independence Day with unbeatable car lease discounts. July offers prime deals due to new model releases, with up to 10% off MSRP, 0% APR financing, and EV incentives. Look out for dealership giveaways. Plan ahead by checking local ads and dealership sites for the best July 4th lease deals.
This July, why not celebrate independence from a clunky, unreliable vehicle?
Holiday weekends are some of the best weekends to commit to leasing a new car, and July 4th is no exception. Fantastic 4th of July lease deals make driving home in a safe, attractive new vehicle affordable. You can roll up to the curb just in time for the neighborhood fireworks show. Plus, you’ll benefit from a blast of ice-cold AC just in time for the peak of the summertime heat!
In this guide, we’ll explain why July is a great time to lease a car, plus share the July auto deals to look out for. Keep reading to discover the July car deal worthy of an All-American parade!
Is July a Good Month to Lease a Car?
July is the perfect month to lease a car for a number of reasons.
Foremost, according to Kelley Blue Book, manufacturers begin to release new models in the month of July. The first of next year’s shiny new models will begin to hit dealerships as early as late June. Thus, by July 4th, many dealerships are eager to move older inventory. They’re ready to make room for the latest and greatest models available.
In the event of a significant change, dealerships have additional motivation to lease you last year’s model. That’s why you’ll see uniquely competitive prices.
Second, you’ll always find the best lease deals around major holidays. Dealerships love to piggyback off of the festive excitement and use these celebrations in their marketing. As a result, you’ll see 4th of July car lease deals everywhere.
Often, dealerships will also offer additional giveaways and incentives to those who visit during the July 4th holiday weekend. Not only can you get a great deal on a car or truck, but you might also enjoy a complimentary barbeque!
What Are the Best 4th of July Lease Deals?
It can be difficult for dealerships to predict what they’ll have available on the lot at any given time. As a result, it’s uncommon to see July 4th lease deals announced before late June. By then, they’ll have a better idea about what inventory they have to move. They’ll also be able to predict what’s coming in the near future.
With that said, we can look at previous years’ July car financing deals to get an idea of what we can expect. The best July auto details from last year are below.
- 0% APR financing. APR stands for Annual Percentage Rate. According to Car and Driver, 0% APR financing means financing without paying interest for a given period of time.
By eliminating interest, leasing a car becomes far more affordable for most drivers. Often, you can stack these financing deals with bonus cash to get an even better price.
- Up to 10%-off-MSRP deals. MSRP stands for “manufacturer’s suggested retail price.” It is also known as the car’s sticker price.
It’s not uncommon to see discounts as high as 10% off MSRP. That can add up to thousands of dollars, making new cars far more affordable. When you stack them with financing deals, your new car will be a lot more affordable.
- Discounts on electric vehicles. Many EVs (electric vehicles) come with purchase incentives year-round, and July 4th is no exception. You might see bonus cash, federal tax credits, and Retailer’s Choice rebates. If you’re considering an EV, 4th of July sales are a great time to shop around.
Keep an eye out for this year’s July 4th lease deals in the early summer. You’ll likely encounter radio, newspaper, and television advertisements in the lead-up to the holiday. It’s also a good idea to check your local dealership’s website and social media. You’ll learn about any dealership-specific or Retailer’s Choice deals first.
If these 4th of July lease deals still make it difficult to pay, it’s worthwhile to speak to your dealership. For example, each Devils Lake Cars dealership has a strong relationship with local banks. They can often help you secure lower monthly payments that make leasing even more manageable.
It’s not too early to plan ahead for these 4th of July lease deals. Shop our new inventory and prepare to drive home in a safe, reliable new car.
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