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As the year comes to a close, many automakers are offering deals to entice potential buyers, and Mazda is no exception. From no payments for 90 days for all new Mazda vehicles, to 0.9% APR for popular models, Mazda has some of the best year-end deals. In this overview, we’ll take a closer look at Mazda’s offers, helping you navigate through the available lease, finance, and cash deals.
A total of five popular Mazda models qualify for APRs under 2% in December. In a new car market with the average APR hovering around 10%, these are some of the best year-end car sales today.
$1,500 Mazda Lease to Lease Loyalty Reward offer is for customers returning their original Mazda CX-9 leased through Mazda Capital Services when leasing any new2024 Mazda CX-90 vehicle through Mazda Financial Services.
Mazda’s November offers provide a range of financing and leasing choices for prospective buyers. Whether you’re interested in purchasing a new Mazda with low APR financing or considering a lease option, there are various incentives available this month.
Ready to outsmart the dealerships? Download your 100% freecar buying cheat sheets today. From negotiating a deal to leasing a car the smart way, it’s all available for instant download. Get your cheat sheets today!
So far, 2025 is shaping up to be another year full of twists for car shoppers. After a buyer-friendly 2024 marked by falling prices and rising incentives, this year brings fresh uncertainty — from tariffs and interest rates to new model arrivals and shifting consumer demand. The big question remains: Should you buy a car now, or wait?
At CarEdge, we’re closely tracking the latest market trends to help you time your next car purchase. Here’s what you need to know for spring and summer 2025.
The New Car Market: Still a Buyer’s Game (For Now)
Let’s start with some good news: there are still solid new car deals available this spring. Automakers are trying to keep sales strong as summer approaches, especially with many 2024 models still on lots. Here’s what’s driving the deals:
1. Tariffs Are Creating a New Kind of Urgency
In early April, 25% tariffs took effect on imported vehicles. For now, automakers are absorbing the costs to keep prices competitive — but that won’t last forever. As supply chains adjust, expect higher MSRPs and fewer discounts on imported vehicles later in 2025. That means spring and early summer could be your last chance to buy before price hikes hit.
Despite steady sales, dealership lots are still full. Many brands have over 100 days of supply — well above the 60-day benchmark of a balanced market. That’s expensive for dealers, who are now more willing to offer discounts or throw in extra incentives to close a deal. If you’re shopping now, you’ve got the upper hand.
3. 2025 Models Are Here — Even 2026 Models Are Tricking In
Every week, more 2025 models are hitting showrooms. As of April, about two-thirds of dealer inventory is still made up of leftover 2024 models, which means dealers are getting desperate to move them before summer incentives roll out. This puts you in a great position to score a deal — especially on models with aging inventory.
What to Expect in 2025
New car prices had been showing signs of softening, but auto tariffs are likely to send prices higher yet again. Here’s a snapshot of what we anticipate in spring and summer of 2025:
Don’t pay dealer markups, even for high-demand cars. Walk away if you’re being pressured.
Used Car Market: More Uncertainty Ahead
Used car prices have been falling for much of the past year, but that trend may be slowing. Here’s what we’re watching:
Prices have stabilized at wholesale auctions and retail lots in recent weeks.
Interest rates remain high, keeping monthly payments up — but if rates begin falling later this year, expect a surge in demand for affordable used vehicles.
New car incentives are stealing attention, which has softened demand for used vehicles — but that could change quickly if tariffs push new prices higher.
In other words, it’s a bit of a coin flip. If you find a used car you love at a price and rate you’re comfortable with, it’s a perfectly fine time to buy. But if you’re not in a rush, waiting for loan rates to drop could unlock even better deals. The challenge is guessing when that will actually happen.
For well-qualified car shoppers, this month’s sales present a great opportunity to secure a low interest rate. With numerous incentives, now is a fine time to buy if you’re in need of a vehicle soon. Of course, the best decision for you wallet is usually to keep the vehicle you already have, but sometimes that’s not an option. If you’re considering an import, buying sooner may help you avoid the full impact of tariffs. Be sure to check if your next car is impacted by tariffs.
Looking at the used car market, it’s tougher to foresee price trends considering the dynamics at play. If tariffs send new car prices higher, more drivers will shift their focus to used car lots. This higher demand would send used vehicle prices higher. With so many moving parts, it’s difficult to predict where the used car market will be months from now.
CarEdge Co-Founder and 43-year auto industry veteran Ray Shefska has this timely advice for used car shoppers late in 2024: If you find the car you want at the right price with a loan rate you are happy with, now is a ‘fine’ time to buy. Waiting only prolongs the car market uncertainty at this point.
The Easiest Way to Buy a Car? Avoid the Dealership Entirely!
Tired of the car buying hassles? If you’re looking for a better way to buy a new or used car, we’re glad you found us. CarEdge is the #1 car buying service in America, with thousands of happy customers sharing their success stories.
As the 2023 holiday season approaches, the automotive market is showing signs of change, particularly in the used car sector. After a period of record-high prices in 2022, there’s a light at the end of the tunnel for those seeking more affordable options. While used car prices have remained flat at retail lots, a steady decline has continued for months at wholesale auctions. Lower prices may soon reach retail consumers, with year-end sales in the new car market being the catalyst. Let’s take a look at how used car deals could play out in December.
Current Trends in Used Car Pricing
The cost of borrowing money is at a 20-year high, and used car sales are feeling the impacts. Demand for used cars has been on a slight downward trend in 2023. As of the most recent data from October, used car sales are down by 4% year-over-year. Unfortunately, used car prices have resisted downward pressure for most of the year.
Finally, that could be starting to change. Retail used car prices have seen a modest reduction of 0.7% over the past month after numerous ups and downs. However, since the start of 2023, prices have not moved much, hovering around an average listing price of $26,500. This is despite wild swings in wholesale prices.
The pace of this price decline has been slow, largely due to the supply of used cars in the retail market. With a current 49-day supply, down only slightly from previous months, a significant increase in inventory would be necessary for a more substantial drop in prices. However, patient buyers may finally get the relief they’ve been hoping for.
Stay updated with the latest trends and data on used car prices by following our weekly price updates at CarEdge.
When Will Used Car Prices Drop? All Eyes On December
For those waiting for a drop in used car prices, December 2023 appears promising. The potential for substantial price reductions is on the horizon, accelerated by Black Friday deals drawing more buyers to new car lots as early as November.
Interestingly, the key to understanding the potential for a used car price drop lies within the new car market, specifically in year-end sales dynamics. The end of the year is traditionally a prime time for new car purchases, as dealers and automakers strive to clear out current year models. This year, an abundance of new car inventory is anticipated, with the overall new car market experiencing an 83-day supply as of November. Some brands, such as Jeep and Ram, have over 100 days of inventory. This surplus exceeds the healthy market-day supply range of 40 to 60 days, indicating a pressing need for sales. How does this play into the used car market?
This surplus in the new car market should benefit used car buyers. Massive new car sales in December are likely to divert consumer attention from used to new vehicles. The appearance of attractive financing offers, like 0% APR could further encourage this shift.
In fact, used car buyers may want to reconsider once they realize the cost of today’s interest rates. A new car at MSRP with 0% APR financing may be a better deal than a used car at 14% APR. Believe it or not, today’s average used car loan rate is 14% APR.
How much will that interest cost you over an entire loan term? A $25,000 used car loan will actually cost you $35,000 over a 60 month term once the average 14% APR is factored in. You could get a decent new car with low APR for about the same price.
How much might used car prices drop by the end of 2023? Car dealers have been notoriously stubborn with their sticker prices, as evidenced by unchanged average listing prices this year. What will improve most in December is the negotiability of used cars. For car buyers prepared with negotiation know-how, December will present a rare opportunity to save thousands of dollars.
For all but the most in-demand models, buyers should be able to negotiate 10% off of the listing price for used cars. For the average priced used car, that would amount to approximately $2,500 in savings.
Remember, you can always check local market dynamics with CarEdge Data. Perhaps your dream car is more negotiable than you’d think!
Free Car Buying Help Is Here!
Ready to outsmart the dealerships? Download your 100% freecar buying cheat sheets today. From negotiating a deal to leasing a car the smart way, it’s all available for instant download. Get your cheat sheets today!
2023 is shaping up to be an exceptional year for year-end car deals. A perfect storm of high inventory, soaring interest rates, and holiday sales is coming together to bring big discounts. Here’s why savvy car shoppers should take 2023’s year-end car deals seriously.
1. Rising Interest Rates and Increased Floorplanning Costs
One of the most compelling reasons to expect significant year-end car deals in 2023 is the steady rise in interest rates throughout the year. The average new car loan APR is now 9%, with used car loans averaging around 14%.
As the cost of borrowing money increases, automakers and dealerships will be motivated to lure buyers with more attractive financing options. Simultaneously, rising rates mean higher dealership floorplanning costs, which put additional pressure on dealers to move inventory. With rates on the climb, it’s an opportune moment for buyers to lock in a low-interest loan before they potentially rise even further.
The auto industry has seen an influx of new car inventory in 2023. Factors like supply chain improvements, slower sales, and high MSRPs have contributed to a surplus of vehicles waiting for buyers. Dealerships are eager to clear out these excess stocks by year-end to make room for the next year’s models. This means potential discounts, rebates, and promotions that can significantly reduce the purchase price.
Sluggish car sales in the earlier part of the year have left many dealerships with excess inventory. In an effort to meet annual sales targets and improve cash flow, dealerships often resort to offering generous discounts and incentives in the final months of the year. For buyers, this translates into an excellent opportunity to snag a deal on the vehicle they desire.
4. Holiday Season Car Deals
Some things never change. Every year, the holiday season is when car dealerships roll out their best deals. Automakers and dealerships understand that consumers are ready to spend during this time, and they respond with enticing promotions, discounts, and special offers. After decades of holiday sales, consumers have come to expect big discounts in December, and often wait all year for amazing year-end car deals.
5. New Year’s Inventory Clear-Out
As the year comes to a close, automakers and dealerships are eager to clear out remaining inventory to make way for the arrival of new models. This urgency often translates into even more competitive pricing and incentives as they aim to finish the year on a strong note.
In summary, 2023’s year-end car deals are the best sales we’ve seen all year due to a combination of rising interest rates, high new car inventory, holiday promotions, and the need to clear out existing stock. Car buyers who are patient and strategic in their approach can capitalize on these factors to secure a fantastic deal on their next vehicle.
Ready to outsmart the dealerships? Download your 100% freecar buying cheat sheets today. From negotiating a deal to leasing a car the smart way, it’s all available for instant download. Get your cheat sheets today!
Take one look at this month’s incentives, and one thing becomes clear: zero percent financing is on the rise. Whether you’re buying or leasing, here’s a look at the best new car offers for September 2024. It’s worth pointing out that automakers update their incentives between the second and fifth business day of each month. Check back for updates!
The Best APR Offers This Month
Seeking to finance your new vehicle with a low interest rate? Given that the average APR for new car loans is now over 9%, securing a low rate isn’t easy. However, these brands are stepping up to the plate with rare offers.
0% Financing! Ford, Jeep, and Mazda Bring the Deals
What do automakers do when they seriously need to sell some cars? They bring on zero percent financing. In a serious effort to attract buyers, all of the following models are all advertised for 0% APR in September 2024. These are by far the most widespread sales so far this year.
In September, Chevrolet is joined by Subaru, Nissan, and Kia with 1.9% APR financing deals. Considering that the average new car APR is now approaching 10%, this is a steal.
Nissan Sentra: $289/month for 36 months with $2,529 due
Toyota Corolla: $249 per month for 36 months with $3,499 due
SUVs & Crossovers
This month, SUV lease deals provide compelling offers for families. Now is a great time to consider leasing, especially if you go for one of the best new car offers listed below.
Ready to outsmart the dealerships? Download your 100% freecar buying cheat sheets today. From negotiating a deal to leasing a car the smart way, it’s all available for instant download. Get your cheat sheets today!
CarEdge Insights
