February is a quick month. If you blink, you might miss the best Presidents Day car deals! It’s common for these incentives, discounts, and specials to come out as little as one week before the holiday itself. As a result, you’ll need to keep your eyes peeled to take advantage of these patriotic price drops!
After years in the business, we’ve found that staying alert pays off. February car deals are some of the best offers you’ll find all year long. You won’t see specials or discounts this deep again until the very end of the year. If you need a safe, reliable new vehicle soon, there’s no better time to buy than President’s Week.
Read on to learn the reasoning behind these all-American prices. We’ll share some of the best offers and lease deals available. This might be the year you drive away in a new car on Presidents Day!
Is Presidents Day a Good Day to Buy a Car?
If you’re waiting until the new year to buy a car, you’ll find the first big deals of the year in February. Automotive salespeople often set monthly sales goals. Since February is a short month, they have to work hard to push their sales over the line.
That’s one reason dealerships take advantage of the Presidents Day holiday. Every celebration provides an opportunity to boost sales and give buyers an enticing deal.
Likewise, with the automotive year beginning in October, sales begin to slow down by February. This is why Presidents Day deals on cars tend to involve incentives. These little perks encourage buyers to commit to a new car during this otherwise slow month.
With that said, pricing can often be flexible in February. Don’t be afraid to negotiate!
Presidents Day Car Specials in 2024
It’s rare to learn about Presidents Day car sales or lease deals too far in advance. Still, we can use previous years’ trends to predict what we might see in 2024.
Ford and Lincoln Deals
In the past, Ford has offered buyers a custom order incentive on many of their most popular vehicles. You will often see an extra $500 off when you commit to a custom Mustang or Explorer.
Likewise, Ford and Lincoln often partner with Sirius XM satellite radio. Many buyers are eligible for up to three months of free service with the lease or purchase of a new vehicle.
Additionally, we’ve seen offers of 0% APR for up to six years on certain Ford trucks, such as the Edge and the F-150. When you combine these deals with loans from our local banks, buying a new car becomes incredibly manageable.
General Motors Deals
Chevrolet, Buick, Cadillac, and GMC are all subsidiaries of General Motors. As a result, the purchase of these vehicles may qualify you for the GM Incentive Confidence Program. This is a price protection program that ensures the price of a factory-ordered GM vehicle. The manufacturer will pay the difference if rebates go down before your car arrives.
Common Presidents Day deals and incentives on GM vehicles include:
- Up to $750 in bonus cash
- No payments for up to 90 days
- Up to $5,700 cash back on some electric models
- Low monthly rates based on price and model
Spend President’s Day at Devils Lake Cars
At Devils Lake Cars, we use every holiday and celebration to provide our community with good deals. Presidents Day car deals are no exception!
That’s why all Devils Lake Cars locations will be open on February 19th, 2024. Plus, we’ll happily assist you with loans and financing. Our goal is to make sure every buyer drives away with a manageable monthly rate.
Will we see you in the lot this February? Browse our new inventory to prepare for the best deals of the new year. Presidents Day is about to become your new favorite holiday.
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