One year ago, the auto market was in the depths of the new car shortage. Semiconductor chips were in short supply, and dealer markups were at their worst. In December 2022, the best year-end car deals are the best we’ve seen since 2020, when the average price paid for a new car was $38,000. Today, that figure is north of $48,000. Still, end-of-year deals present an opportunity for car buyers to get a deal at a time when rising interest rates are putting affordability out of reach for many.
Check out these other CarEdge resources, updated monthly:
The Best Auto Loan Rates This Month
The Best Lease Offers This Month
CarEdge Member Favorite: Car Buying Cheat Sheet
The Best Car Finance Deals in December
Ford Financing Deals
In December, Ford is advertising 3.9% APR for 60 months for select models:
- Bronco Sport
- Edge
- Escape
- Explorer
- Expedition
- F-150
- Ranger
See new and used Ford listings near you.
Honda Financing Deals
1.9% APR for 24 – 48 months
- Honda Pilot
2.9% APR for 24 – 48 months
- Accord
- CR-V
- Passport
- Ridgeline
Hyundai Financing Deals
In December, Hyundai has a great financing deal at 0% APR for 36 months for the following models:
- Tucson
- Santa Fe
- Elantra
- Kona
- Sonata
- Santa Cruz
- Venue
See Hyundai listings near you.
The Best Lease Deals This Month
Chevrolet Lease Deals
Chevrolet Equinox: $239 per month for 24 months with $2,289 due at signing
Chevrolet Blazer: $249 per month for 24 months with $2,709 due at signing
Chevrolet Colorado: $319 per month for 36 months with $4,149 due at signing
Chevrolet Silverado 1500 Crew Cab 4WD LT: $399 for 36 months with $3,949 due at signing
See current lease offer details from Chevrolet.
Hyundai Lease Deals (36 Months)
Hyundai Venue: $151/month with $3,281 due at signing
Hyundai Elantra: $229/month with $3,279 due at signing
Hyundai Kona: $209/month with $3,934 due at signing
Hyundai Santa Fe: $269 per month with $4,919 due at signing
Hyundai Kona Electric: $264 per month with $3,984 due at signing
Hyundai Palisade: $339 per month with $5,539 due at signing
See current lease offer details from Hyundai.
Nissan Lease Deals
Nissan Frontier: $299 per month for 18 months with $1,709 due
Nissan Rogue (AWD): $359 per month for 36 months with $2,789 due
Nissan Murano (FWD): $329/month for 24 months with $3,549 due
Nissan Pathfinder (4WD): $469/month for 24 months with $3,959 due
See Nissan end-of-year car deals at nissanusa.com
Subaru Year-End Lease Deals
Subaru Legacy (Premium): $269 per month for 36 months with $3,219 due at signing
Subaru Ascent: $329 per month for 36 months with $3,829 due at signing
Subaru Outback Premium: $345 per month for 36 months with $3,515 due
See Subaru end-of-year lease deals at subaru.com
The Best End-of-Year Cash Incentives
Dodge
Dodge is offering the best cash incentives in December as they try to clear out 2022 model-year vehicles.
$4,000 cash allowance for Ram 1500
$4,500 cash allowance for the Durango
$1,500 cash allowance for the Charger and Challenger
No payments for 90 days with Dodge financing.
Lexus
$2,000 lease cash for select RX styles.
See Lexus cash offer details at lexus.com
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