New car inventory is rising, and that motivates automakers to offer better incentives. Cyber Monday 2023 will be a great time to buy if you’re in the market for a new car. Before you run out to buy a car on Cyber Monday (November 27), here’s what you need to know:
- Wait until December to negotiate a lower price
- Don’t confuse Cyber Monday deals with bigger year-end sales events
- Leasing is also a good option (see the best lease deals this month)
Cyber Monday car sales are out now. See the best deals posted below.
Top 10 Cyber Monday Car Deals
#1 Jeep – No payments for 90 days, and 10-15% off MSRP
2023 Grand Cherokee L Laredo 4Ă—4: 10% off of MSRP advertised
2023 Renegade Latitude 4Ă—4: 15% off of MSRP advertised
2023 Compass Latitude Lux 4Ă—4: 15% off of MSRP advertised
Learn more about these offers at Jeep.com
#2 Nissan – 0% APR offers for popular models
Learn more about these offers at NissanUSA.com
#3 Mazda – 0.9% APR for select 2023 models
Learn more about these offers at MazdaUSA.com
#4 Chevrolet – Low APRs and cash offers
2024 Equinox: 1.9% APR for 36 months + $1,000 bonus cash, or 2.1% APR and $1,250 for the 2023 Equinox
2023 Silverado 1500 Crew Cab RST: 1.9% APR for 36 months + $2,000 cash allowance
Learn more about these offers at Chevrolet.com
#5 Ram – Low APRs, and big cash offers
2023 Ram 1500: 3.9% APR for 72 months, and between $4,000-$5,200 bonus cash
Learn more about these offers at Ramtrucks.com
#6 GMC – Low APR offers for trucks and SUVs
2023 GMC Sierra: 0.9% APR
2023 GMC Terrain, Acadia: 1.9% APR
Learn more about these offers at GMC.com
#7 Kia – Cyber Monday Sales
2023 Kia EV6: 0.9% APR for 48 months, and $5,000 bonus cash. The 2024 Kia EV6 offer is for 1.9% APR for 48 months, and $3,750 bonus cash.
2023, 2024 Niro EV: 0.9-1.9% APR for 48 months and up to $3,750 cash offer.
2023 Sorento: 1.9% APR
Learn more about Kia offers at Kia.com
#8 Hyundai – Low APR Financing Deals
2024 Tucson: 0% APR for 60 months, no payments for 90 days, up to $2,500 off MSRP
2023 Santa Fe: 0% APR for 60 months, no payments for 90 days, up to $3,500 off MSRP
2024 IONIQ 5 and IONIQ 6: 0.9% APR financing offer
Learn more about Hyundai Cyber Monday sales at HyundaiUSA.com
#9 Cadillac – The Best Luxury Car Sales
2023 Cadillac XT4: 2.9% APR for 36 months, plus $1,000 cash allowance
2023 Cadillac XT5: 2.9% APR for 36 months, plus $2,000 cash allowance
Learn more at Cadillac.com
#10 Lease deals are GREAT this month
Auto loan rates now average north of 7% for new cars, and 14% for used cars. Leasing is one way to avoid paying interest, especially for well-qualified buyers (those with decent credit scores). Here are some of the best value lease deals in November:
2024 Kia Seltos: $269/month for 36 months with $2,999 due
2024 Buick Envista: $179/month for 24 months with $3,819 due
2023 Chevrolet Equinox: $269 per month for 24 months with $1,849 due
2023 Mazda CX-30: $279 per month for 36 months with $2,999 due
2024 Kia Carnival: $409/month for 36 months with $3,499 due
See all of this month’s best lease offers here.
Year-End Sales Will Be Better
Whether you’re in the market for a new or used car, a lot can change in the span of a month. Cyber Monday car deals are just the tip of the iceberg. In 2023, new car inventory is much higher than in recent years. There are A LOT of 2023 models still needing to be sold, especially when it comes to General Motors, Ford, Jeep and Ram.
So, what’s the difference between taking advantage of Cyber Monday car deals and waiting a bit longer? Those with patience are likely to be rewarded with the best deals yet in 2023: year-end car sales. Let’s take a look at why this is so…
- Floorplanning costs are skyrocketing. Did you know that dealers finance the cars on their lots, much like car buyers do? You might have noticed that interest rates are rising. In fact, the average new car APR is now 10%. Dealers are paying more in financing costs for floorplanning, and by December, rates will be even higher. Car buyers will have more leverage in the final weeks of December, especially on vehicles that have been sitting on dealer’s lots for months on end.
- Dealers will need to rotate inventory. No dealer wants to be the one with the old stuff, especially when it comes to newly redesigned or discontinued models. As the new year approaches, dealers warm to the idea of negotiating below MSRP for some models. Expect deals on 2023 models, less so for 2024 models.
- Everyone wants a bonus. Most dealers dish out year-end bonuses to salespeople who made the most sales. December is crunch time! They’re ready to cut a deal, and you’ll be there to use that leverage to your advantage with end-of-year car deals.
In summary, there will be better new and used car deals in December. We’ll have the best year-end car deals posted here.
Cyber Monday Car Sales – The Complete List
We’ve sorted through ALL of the ads to find you the biggest and best Cyber Monday car deals in 2023.
0% Financing Offers
Interest rates average north of 7% for new cars, so it’s a big deal when zero percent interest offers return. The following models are all advertised for 0% APR in November:
0.9% APR Offers
Get your hands on these models with 0.9% APR for qualified buyers. Most low APR offers are for remaining 2023 model year inventory. It’s great to see some excellent Mazda deals this month. Mazda has been rising in popularity in recent years, with good reason.
The GMC Sierra at 0.9% APR is hard to beat. Hyundai’s electric vehicles are the fastest-charging EVs for under $50,000. Since they lost the federal tax credit, they’ve been slow sellers.
These are the models advertised with 0.9% APR in November:
1.9% – 2.1% APR Financing Offers
General Motors has plenty of inventory today, and is bringing low APR offers to attract buyers. These are the models with 1.9% to 2.1% APR offers in November.
2023 Chevrolet Equinox, Trailblazer, Blazer, and Traverse
The Best Cash Offers
Some manufacturer incentives include a hefty amount of cash bonus for your deal. We’ve picked through all of the sales to find you the best cash incentives this month:
Jeep has massive cash discounts right now, plus no payments for 90 days. Here are the best Jeep offers in November:
2023 Grand Cherokee L Laredo 4Ă—4: 10% off of MSRP
2023 Renegade Latitude 4Ă—4: 15% off of MSRP
2023 Compass Latitude Lux 4Ă—4: 15% off of MSRP
2023 Gladiator Sport 4Ă—4: 10% off of MSRP
Stellantis has sky-high inventory right now, and dominates the rest of the best cash offers:
2023 Ram 1500: 3.9% APR for 72 months, and between $4,000-$5,200 bonus cash
2023 Kia EV6: 0.9% APR for 48 months, and $5,000 bonus cash
2024 Kia EV6: 1.9% APR for 48 months, and $3,750 bonus cash
2024 Hyundai Tucson: 0% APR, $2,500 cash discount
2023 Hyundai Santa Fe: 0% APR, $3,500 cash discount
2023 Dodge Challenger and Charger: $2,000 cash offer, 6.9% APR
2023 Dodge Durango: $5,500 cash allowance, 6.9% APR
2023
2023 Ford F-150: up to $2,500 in cash bonus
2023 Chevrolet Silverado 1500 Crew Cab RST: 1.9% APR for 36 months + $2,000 cash allowance
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When are the deals live i know it says 11/9but when i look up the Palisade on hyundais site and dealers sites that promo does not show up. Thanks in advance
Hi Luis, the deals you see at https://www.hyundaiusa.com/us/en/offers are the most recent ones. We haven’t seen any great deals on the Palisade yet.