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As Labor Day 2024 approaches, the truck market is full of financing incentives, cash offers, and lease deals. With the latest 2025 models arriving and dealers eager to clear out remaining 2024 inventory, now is the perfect time to score a great deal on a new pickup. Whether you’re looking to negotiate yourself or let us handle the haggling, this Labor Day offers some of the best truck deals of the year.
Here’s a closer look at five Labor Day truck deals worth your time.

Nissan’s Titan is a full-size pickup truck that is struggling to catch on. Perhaps it’s the subpar towing capability and tech, or the simple fact that Americans are big fans of Ford, Chevy, and Ram trucks. The good news for Labor Day truck buyers is that Nissan is piling on the incentives to entice buyers.
Best Deals Available:
Negotiability Score: Above Average (105 Days of Market Supply, 15% Above Average)
Total For Sale (US nationwide): 4,094
Average Selling Price: $55,134
See Nissan Titan listings with the power of local market data

Owners and reviewers alike have a lot of good things to say about the 2024 Toyota Tundra. Among the downsides is the lack of a V8 option, and no full-time four-wheel drive. If those aren’t dealbreakers, this Labor Day truck deal is a great one in 2024’s high-APR environment.
Best Deals Available:
Lease Offers:
Negotiability Score: Below Average (62 Days of Market Supply, 31% Below Average)
Total For Sale (US nationwide): 34,296
Average Selling Price: $63,022
See Toyota Tundra listings with the power of local market data

With a high inventory of 2024 models, Chevrolet is offering substantial incentives to move their Silverado lineup. This month’s deals make it a great time to consider a new truck.
Best Deals Available:
Lease Offers:
Negotiability Score: Average (90 Days of Market Supply, 1% Below Average)
Total For Sale (US nationwide): 81,295
Average Selling Price: $55,070
See Chevrolet Silverado listings with the power of local market data

Ram is offering aggressive deals to clear out 2024 inventory, including substantial cash allowances and financing offers.
Best Deals Available:
Negotiability Score: Very High (201 Days of Market Supply, 121% Above Average)
Total For Sale (US nationwide): 57,468
Average Selling Price: $61,063
See Ram 1500 listings with the power of local market data

Rivian’s electric truck is gaining in popularity as a true all-terrain pickup truck. With up to 420 miles of range, fast charging speeds, and access to the Tesla Supercharger network, the R1T is convincing more truck lovers that it’s time to go electric. With a lease offer this appealing, the Rivian R1T is an even more appealing option.
Best Deals Available:
Labor Day weekend is an ideal time to score big deals on trucks, with opportunities to lock in low APR offers, competitive lease deals, and substantial cash discounts. With high inventory levels persisting, truck buyers have the upper hand in the 2024 market. Learn more about the market factors impacting truck prices right now.
However, while these Labor Day truck deals are highly enticing, they might just be a glimpse of what’s ahead. Patient shoppers should keep an eye on the upcoming year-end sales, which often bring even deeper discounts and more significant savings. If you’re aiming for the absolute best deal of the year, November and December could be your best bet. But if you’re simply looking for zero percent financing truck deals, as you can see, Labor Day brings some options.
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As Labor Day 2024 approaches, car shoppers have an excellent opportunity to snag some serious deals. Labor Day has become a prime time for car sales, and 2024 is no exception. With zero percent APRs, cash discounts, and unheard of lease offers, this year’s Labor Day car deals are on track to be exceptional. Here’s how today’s auto market is setting the stage for Labor Day deals.
👉 Just want the deals? See the 10 best Labor Day deals
For new car buyers – absolutely! Labor Day car deals in 2024 are looking promising for several reasons. The automotive industry is currently experiencing high levels of new car inventory. According to CarEdge Pro, the industry opened August with a 97-day supply of new vehicles, amounting to 3.15 million units. This surplus is particularly notable in the truck, luxury vehicle, and electric vehicle segments. High inventory levels mean dealerships are eager to sell, leading to better deals for buyers.
Is Labor Day 2024 a good time to buy a USED car? Not exactly. Used car prices are continuing to fall slowly but surely, as evidenced by the latest used car market update. If you can wait, you’re likely to get a better deal on a used car towards the end of the year. NEW car incentives will only increase in November and December as year-end sales kick off. This will drive more car buyers to the new car market, reducing demand for used cars, and therefore softening prices.
On top of that, the Fed is very likely to lower interest rates this fall and winter. With the average used car loan rate above 13% APR, this will lead to noticeable savings on your monthly payment.
THE VERDICT: New car buyers can take advantage of zero percent APR offers, great lease deals, and huge cash discounts on 2024 models this Labor Day. For used car buyers, Labor Day is a ‘fine’ time to buy, but lower interest rates and more negotiable prices are just a few months away.
👉 Let us negotiate for you! Learn how CarEdge Concierge saves you hassle AND $$$ 😎

Certain brands are poised to offer substantial discounts this Labor Day due to their high inventory levels. Ram, Jeep, Mazda, Ford, and Nissan are among those facing inventory excesses and will likely provide bigger discounts as they aim to clear out 2024 models.
Ram, in particular, is gearing up for aggressive deals, with 2025 truck models already arriving at dealerships and 12,000 older models still available. Truck fans should look out for deals on models like the Ram 1500, Chevrolet Silverado 1500, and Ford F-150.
On the other hand, brands like Toyota, Subaru, and Honda have lower inventory levels and may not offer as significant discounts. Toyota wins the title of fastest-selling cars in August 2024, and therefore is less incentivized to offer discounts or APR specials. Subaru and Honda are still below the average market supply today, but are far higher than Toyota. From these two, attractive APR and lease offers are still expected in a scaled-back form.
👉 See the fastest and slowest-selling new cars right now
Low APR deals are a win-win for both dealers and buyers. For dealers, it’s about liquidating stock without slashing sticker prices dramatically, which can devalue the brand. For buyers, these subsidized rates lower the monthly payment, making an upgrade more feasible. Expect to see APR offers as low as 0% for qualified buyers on select models, alongside generous cash-back offers and lease deals.
In fact, there are already several 0% APR offers on the market today…
👉 The Top 10 Labor Day Deals in 2024

As Labor Day 2024 approaches, some vehicles stand out for their negotiability:
👉 Browse car listings with the power of local market data

Dreading the typical car-buying experience? There’s a better way. Let CarEdge Concierge negotiate the perfect car deal for you. With home delivery and personalized service, you can avoid the dealership entirely. Learn more about CarEdge Concierge, the most-trusted car buying service available.
By taking advantage of the plentiful deals this Labor Day, you can drive away in a new car without breaking the bank. Keep an eye on the latest offers, and happy car shopping!
The top compact cars for 2025 are feature-packed, top-rated for safety, and surprisingly affordable. These cars prove that amazing value still exists for under $30K, despite ever-rising car prices. Here’s why these five compact cars are the best value for car shoppers in 2025.
Average Selling Price Today: $29,623
MSRP increase since 2020: +12%

The Mazda3 is the best-value compact car for 2025. With a starting price well under $30K, Top Safety Pick Plus honors in crash testing, and a score of 78/100 overall from Consumer Reports, there’s a lot to love about this Mazda sedan.
The 2025 Mazda 3 is available as either a sedan or hatchback in all trim levels, something that’s new for 2025. All-wheel drive is available for the Mazda 3, and comes standard with the lavish Carbon Edition ($30,595 MSRP + destination). The two-wheel drive version scores 31 miles per gallon in combined driving. That’s a tad more than the all-wheel drive Mazda 3’s 27 miles per gallon.
Here’s how Consumer Reports rates the Mazda 3 in the top categories reviewed:

See the full Consumer Reports review of the Mazda3.
See Mazda 3 listings with local market insights
Average Selling Price Today: $35,560
Base MSRP increase since 2020: +15%

In 2024, the Prius was fully redesigned, transforming the geek squad symbol into a sharp-looking compact car. Fuel economy remains strong, with the standard hybrid powertrain delivering 54 miles per gallon. Consumer Reports is a fan, and gave the 2024 Prius an overall score of 80. Here’s where the major metrics stand:

See the full Consumer Reports review.
The Prius earned the Top Safety Pick Plus safety rating in the most recent crash testing and analysis. See the full safety review here.
See Toyota Prius listings with local market insights
Average Selling Price Today: $25,473
MSRP increase since 2020: +12%

Following years of upgrades and facelifts, the Elantra has been gradually elevated to ‘more than a commuter car’ status. You can sum up the appeal of the Elantra with one word: value. For well under $30K, this compact car gets you modern looks, a well-designed suite of tech, and fuel efficiency. Consumer Reports gives the Elantra a score of 74/100, which isn’t bad for a car in this class. Here are the major CR ratings for the Elantra:

See the full Consumer Reports review.
In 2024, the Hyundai Elantra earned the Top Safety Pick badge from the IIHS in the most recent crash testing. See the full review here.
See Hyundai Elantra listings with local market insights
Average Selling Price Today: $25,494
MSRP increase since 2020: +13%

Now available as both a sedan and a hatchback, there’s even a Corolla pickup truck on the way in a few years. The Corolla has been a best-selling compact car for decades, and with good reason. For the price point, Toyota has consistently delivered a car packed with value. Consumer Reports is a fan, too. For 2024, CR scored the Corolla sedan 75/100 overall. Here’s a look at the rest of the Consumer Reports category scores for the Corolla:

See the full Consumer Reports review of the Corolla.
The 2023 Corolla earned the Top Safety Pick badge from the IIHS in the most recent crash testing. This applies to the 2024 Corolla sedan, which was unchanged from the prior year. See the full safety review here.
See Toyota Corolla listings with local market insights
Average Selling Price Today: $27,254
MSRP increase since 2020: +23%

With the discontinuation of the Subaru Legacy in 2024, the Impreza is the last compact car standing for the brand. Subaru has been steadily increasing U.S. market share over the past decade, in large part due to the emphasis on highly-desired yet more costly crossovers. The Impreza is the most affordable Subaru on sale today, and now comes only in the hatchback option. Rest assured that all-wheel drive comes standard, as it does with the entire Subaru lineup.
Consumer Reports also sees the value in this AWD car, giving it an overall score of 76/100. Here’s how the CR ratings breakdown by category:

See the full Consumer Reports review of the Impreza sedan.
The Impreza earned a ‘Good’ score in most IIHS safety tests, but performed poorly in the updated side crash test. See the IIHS safety rating details here.
See Subaru Impreza listings with local market insights
Whether you’re looking into compact cars, trucks, luxury SUVs, or the latest electric vehicles, CarEdge makes it easy for you. Let our CarEdge Concierge find the car you want, negotiate the price, and deliver it to your door. If you don’t save at least the cost of the service, it’s free!
👉 Learn more about CarEdge Concierge, the easiest way to buy a car in 2024.
Despite an abundance of inventory and high interest rates, new car prices keep rising, and 2025 car prices are no exception. Many automakers are increasing the starting prices of their vehicles at a pace that far exceeds inflation. Time and time again, we’ve seen automakers drop affordable base models, despite consumer appetite for cheaper options. Here are 10 models with the biggest MSRP increases for the 2025 model year. Note that all prices include mandatory destination fees.
Stay tuned for Part 2: The New Cars with the Lowest MSRP Hikes for 2025
Base MSRP: $48,990 (23% Increase)

With a base MSRP of $48,990, the CT5 has seen a whopping 23% increase. The CT5 Sport, the most popular spec, sees a 10% price increase for 2025. These hikes reflect Cadillac’s efforts to shift the brand to an even more upscale clientele. However, this comes at a notable cost, pushing Cadillac CT5 prices ever higher, and out of reach for more buyers.
Base MSRP: $57,345 (20% Increase)

With the elimination of the 4-cylinder Supra, Toyota’s classic sports car sees a much higher cost of entry. For buyers who prefer the more common GR Supra 3.0, prices increase ‘only’ $800. But at least all Supra variants now come with a 382-horsepower turbocharged engine,
Base MSRP: $29,945 (12% Increase)

MINI Cooper Hardtop prices have risen 23% over the past 5 years. These MSRP hikes have made a beloved brand once associated with affordability less attainable for many. The base MINI Cooper saw a 12% price increase for 2025. However, it’s not just the base model. The 2025 Cooper S Hardtop, a more popular trim, received a 10% price bump for the 2025 model year.
Base MSRP: $31,080 (11% Increase)

Chevrolet is synonymous with affordability. At least, that’s how it’s been for decades. Unsurprisingly, Chevrolet is aiming for a more premium market, with everything from design to price points reflecting that. GM sold 212,000 copies of the Equinox last year, and healthy sales have continued into 2024. But if you’re looking ahead to the 2025 model, the popular Equinox RS receives a 10% price hike, now starting at $35,480. 2025 car prices are on track to continue the upward trend.
Base MSRP: $84,485 (11% Increase)

Before we talk about Infiniti’s 2025 prices, let us remember one fact: the brand is merely Nissan’s upscale nameplate. With that in mind, would you pay close to $100,000 for one? For 2025, Infiniti is raising prices for the huge family hauler, the QX80. With a 2025 starting price of $84,485 with destination fee included, the QX80 receives a 11% price increase. Worse yet, the QX80 Luxe is 20% more expensive for 2025, now starting at $91,595.
Base MSRP: $60,275 (10% Increase)

Lincoln continues to refine its luxurious midsize SUV, the Aviator, with a large price increase for 2025. The base model now starts at $60,275, marking a 10% increase from 2024. The Lincoln Aviator Reserve, a favorite among buyers, sees an even steeper increase of 15%, bringing its starting price to $69,375.
Base MSRP: $31,090 (9% Increase)

With the much-anticipated redesign comes a much higher starting price for the 2025 Forester. Base model aside, the Popular Forester Sport also sees a 9% MSRP hike. With the 2025 Forester’s changes, the legendary Subaru has completed the journey from boxy hatchback (in the 90’s) to bonafide SUV.
Base MSRP: $37,895 (8% Increase)

For the 2025 model year, the Carnival MPV (A Kia acronym for multi-purpose vehicle) receives its first facelift since its debut in 2021. Unsurprisingly, Kia is leveraging the new fascia and added features to justify an 8% price increase for the base Carnival. The more popular Carnival EX sees a 4% MSRP increase for 2025.
Base MSRP: $41,350 (8% Increase)

For 2025, the Explorer sees an 8% price increase, bringing the base MSRP to $41,350. Surprisingly, the popular ST-Line trim sees a price reduction of 5% for the new model year. In 2024, the average selling price of a new Explorer is $47,515. Ford Explorer prices have increased by more than a third over the course of the past decade.
The trend of rising car prices shows no sign of slowing down in 2025. While these increases might seem daunting, empowered buyers can still find ways to negotiate better deals. Staying updated on price trends and being prepared to negotiate are key strategies in this evolving market. Luckily, CarEdge has 100% free resources to get you there!
👉 Ready to let the experts negotiate for you? Let CarEdge take it from here. Your CarEdge Concierge can find the best vehicle for your needs, negotiate the best price, and handle all the details. Home delivery is available! Save time and money with CarEdge Concierge, the #1 car buying service in America.
If you’re looking for speed and handling without breaking the bank, you may be in for a pleasant surprise. There are several high-performance cars available for under $100,000 that deliver fun on the track, and a great ride on city streets. Let’s take a look at five of the best sports cars available under $100K in 2024.

The classic sports car
Starting at $69,995
Average selling price in 2024: $84,990
Widely viewed as the best-value deal for a performance car, the 2025 Corvette is all you could want in a sports car. The Corvette’s V8 produces 490 horsepower, enough to launch you to 60 miles per hour in 2.8 seconds. Want more of a luxury feel? The Corvette 3LT gets you Bose speakers, upgraded seats, leather upholstery, and a lot more starting at $81,745.
See Corvette listings near you with local market insights

Toyota’s version of the BMW Z4
Starting at $57,345
Average selling price in 2024: $64,182
The Supra is built alongside the BMW Z4 in Austria, and that’s not a bad thing. The two affordable sports cars share a 382-horsepower turbocharged six-cylinder engine. Want a stick-shift? It’s available on the GR Supra at no extra cost.
See GR Supra listings near you with local market insights

It’s a 3-Series with the performance turned way up
Starting at $77,175
Average selling price in 2024: $94,130
Do you see yourself in a BMW? What about in a BMW, but with a racing helmet on? The 2025 BMW M3 is the ultimate blend between daily driver and performance champion. Both manual and automatic options are thrilling, leaving little room for competition. The only downside: the price easily climbs towards $100K, despite the attainable base price.
See BMW M3 listings near you with local market insights

The closest we’ll ever get to the 300ZX of the 1990’s
Starting at $44,110
Average selling price in 2024: $53,614
The current generation of the Nissan Z screams nostalgia, and that seems to be what Nissan was aiming for when they launched their surprisingly affordable sports car. Design elements inspired by the Nissan sports cars of the 90’s Make no mistake, it’s no GTR, but it sure is fun to throw into corners. And, it’s easily found for under $50K.
See Nissan Z listings near you with local market insights

The best electric sports car under $100K
Starting at $67,500
Average selling price in 2024: $67,945
You may have seen the reviews by now, most of which share a common theme: the IONIQ 5 N is the most fun you can have in an electric car, period. 601 horsepower (nearly double that of the AWD IONIQ 5) and a vast suite of performance features to tinker with makes this a memorable track car. In fact, it’s so track-oriented that it may feel a bit out of place on public roads!
See IONIQ 5 N listings near you with local market insights
From the classic Chevrolet Corvette to the innovative Hyundai IONIQ 5 N, there are plenty of options under $100,000 that offer both performance and excellent value. Whether you’re into the nostalgic feel of the Nissan Z or the luxury of the BMW M3, there’s something for everyone.
Ready to buy your performance car without the dealership hassle? Let CarEdge Concierge help you navigate the car buying process. Our experts can find the best vehicle for your needs, negotiate the best price, and handle all the details. Save time and money with CarEdge Concierge, the #1 car buying service in America.
If you’re looking for a vehicle that offers fuel efficiency without the charging hassles of an EV, a hybrid might be your best match. This month, automakers are offering lease specials across a range of models, from the redesigned Prius to hybrid SUVs like the Corolla Cross. Let’s dive into the top hybrid lease deals available for November 2024.

MSRP: $29,095+
Best Lease Offer: Lease the Prius LE for $289/month for 36 months with $3,999 due. See offer details.
Fuel Efficiency: 54 miles per gallon
Consumer Reports Overall Score: 90/100. See the full review.
Browse Toyota Prius listings with the power of local market data

MSRP: $27,400+
Best Lease Offer: Lease the Elantra Hybrid Blue for $279/month for 36 months with $3,499 due. See offer details.
Fuel Efficiency: 54 miles per gallon
Consumer Reports Overall Score: 77/100. See the full review.
Browse Hyundai Elantra Hybrid listings with the power of local market data

MSRP: $25,345+
Best Lease Offer: Lease the Civic Hybrid Sport Touring for $349/month for 36 months with $4,499 due. See offer details.
Fuel Efficiency: 49 miles per gallon
Consumer Reports Overall Score: 71/100. See the full review.
Browse Honda Civic Hybrid listings with the power of local market data

MSRP: $28,220+
Best Lease Offer: Lease the 2024 RAV4 Hybrid for $359/month for 36 months with $3,999 due. See offer details.
Fuel Efficiency: 39 miles per gallon
Consumer Reports Overall Score: 78/100. See the full review.
Browse Toyota Corolla Cross Hybrid listings with the power of local market data

MSRP: $29,965+
Best Lease Offer: Lease the Sorento Hybrid EX for $359/month for 36 months with $3,499 due. See details at Kia.com
Fuel Efficiency: 43 miles per gallon
Consumer Reports Overall Score: 79/100. See the full review.
Browse Kia Sportage Hybrid listings with the power of local market data
Ready to find the perfect hybrid without dealership hassles? Let CarEdge help you navigate the leasing process. Our experts can find the best vehicle for your needs, negotiate the best price or lease terms, and handle all the details. Save time and money with CarEdge Concierge, the #1 car buying service in America.
If you’re in the market for a family SUV, December is hands down the best time to shop deals on three-row SUVs. Automakers are offering APRs as low as zero percent and lease specials for under $200/month to clear out 2025 inventory. Let’s dive into the top 3-row SUV deals available in December 2025.

MSRP: $38,045 – $55,245
Financing Offer: 1.99% APR for 48 months, plus $3,750 total cash savings. See details at HyundaiUSA.com
Lease Offer: Lease the 2025 Palisade SE for $369/month for 36 months with $3,999 due
Safety Rating: Top Safety Pick
Consumer Reports Overall Score: 79/100. See the full review.
Browse Palisade listings with the power of local market data

MSRP: $39,220 – $57,325
Financing Offer: 2.9% APR for 60 months for the 2025 CX-90. Learn more at MazdaUSA.com
Safety Rating: Top Safety Pick Plus
Consumer Reports Overall Score: 64/100. See the full review.
Browse Mazda CX-90 listings with the power of local market data

MSRP: $64,945 – $90,625
Financing Offer: No payments for 90 days when financing with Stellantis. No APR offers are advertised, so ask your local dealer.
Safety Rating: See the latest IIHS crash test results
Consumer Reports Overall Score: 54/100. See the full review.
Browse Jeep Wagoneer listings with the power of local market data

MSRP: $62,485 – $81,184
Financing Offer: 0% APR for 60 months for the 2025 Jeep Grand Cherokee.
Safety Rating: Top Safety Pick
Consumer Reports Overall Score: 45/100
See Jeep Grand Cherokee listings with the power of local market insights

MSRP: $39,420 – $54,515
Financing Offer: 0.9% APR for 60 months, or a $3,500 cash bonus. Learn more at VW.com
Lease Offer: Lease the 2025 Atlas SE Tech for $599/month for 36 months with $0 due at signing.
Safety Rating: Top Safety Pick
Consumer Reports Overall Score: 53/100. See the full review.
Browse VW Atlas listings with the power of local market data

MSRP: $37,585 – $54,780
Financing Offer: 0.9% APR for 60 months. See details at Kia.com
Lease Offer: Lease the 2025 Telluride S for $379/month for 36 months with $3,999 due
Safety Rating: Top Safety Pick Plus
Consumer Reports Overall Score: 76/100. See the full review.
Browse Telluride listings with the power of local market data

MSRP: $56,395 – $75,395
Financing Offer: 0% APR for 60 months. See details at Kia.com
Lease Offer: Lease the 2026 Kia EV9 for $449/month for 24 months with $3,999 due
Safety Rating: Top Safety Pick
Consumer Reports Overall Score: 73/100. See the full review.
Browse Kia EV9 listings with the power of local market data

MSRP: $39,495 – $55,595
Lease Offer: Lease the Traverse LT from $499/month for 24 months with $5,199 due for eligible lessees.
Financing Offer: 1.9% APR for 36 months. See details at Chevrolet.com
Safety Rating: Top Safety Pick
Consumer Reports Overall Score: 74/100
Browse Traverse listings with the power of local market data

MSRP: $58,195 – $81,895
Financing Offer: Check with your local dealer. See details at Chevrolet.com
Lease Offer: No lease specials are advertised.
Safety Rating: 4-Stars
Consumer Reports Overall Score: 59/100. See the full review.
Browse Tahoe listings with the power of local market data

MSRP: $58,195 – $81,895
Financing Offer: Check with your local dealer. See details at Chevrolet.com
Lease Offer: $879/month for 36 months with $8,879 due at signing for the 2025 Tahoe.
Safety Rating: 4-Stars
Consumer Reports Overall Score: 53/100. See the full review.
Browse Tahoe listings with the power of local market data

MSRP: $57,625 – $85,795
Financing Offer: Ford is not currently advertising national APR incentives for the Expedition. See details at Ford.com
Lease Offer: Ford is not currently advertising nationwide lease offers for the Expedition.
Safety Rating: 5-Stars
Consumer Reports Overall Score: 60/100. See the full review.
Browse Expedition listings with the power of local market data

Kia loves to call the Carnival a multi-purpose vehicle (MPV), and it’s not a bad name for such a versatile and ‘cool’ minivan. the Carnival is a favorite of families who prefer to cruise in style, three rows and all.
MSRP: $37,895 – $51,995
Financing Offer: 3.9% APR for 48 months. See details at Kia.com
Lease Offer: Lease the 2025 Carnival MPV LX for $419/month for 24 to 36 months with $3,999 due.
Safety Rating: Not awarded. See safety test details.
Consumer Reports Overall Score: 79/100. See the full review.
Browse Kia Carnival listings with the power of local market data

MSRP: $41,340–$61,480
Financing and Cash Offer: Lease the 2025 Pacifica Plug-In Hybrid with 0% APR for 72 months or $7,500 cash allowance. See details at Chrysler.com
Lease Offer: Lease the Pacifica Touring Plug-In Hybrid for $499/month for 36 months with $4,499 due.
Safety Rating: Top Safety Pick
Consumer Reports Overall Score: 70/100. See the full review.
Browse Pacifica listings with the power of local market data
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Where are used car prices headed? How far have used car prices already fallen this year? Which cars have seen the greatest depreciation? We’re answering these questions and more with the latest used car market update for summer 2024. Want to see local price data and buying advice? Check out CarEdge Pro, now featuring Invoice Prices!
As of July 2024, there are 2.21 million used cars for sale in America, a number that has remained steady in recent months. Despite this stable inventory, used cars are sitting on dealership lots for longer. The days to turn, which indicates how long a car stays on the lot before being sold, has risen from 43 days in March to 53 days in July.
The average listing price for a used car is now $25,251, which is down 1.5% since early June and down 7% year-over-year. If we go back to 2022, at the peak of used car prices, we see a 12% decline. Here’s a surprising fact: retail used car prices are now on par with summer 2021 levels. Over the same three years, the cumulative rate of inflation has been 16%. Car prices are defying the inflationary trend seen in other parts of the U.S. economy. So, how much further will used car prices fall in 2024?
CarEdge Co-Founder and industry veteran Ray Shefska shared his thoughts on where used car prices are headed for the remainder of 2024. “The trend should continue downward, with some caveats. There will be a reduction in lease returns the second half of the year and all of next year, due to the market slowdown three years ago during the pandemic. I expect that the downward trend in used car prices will be about half of what we have seen through the first 6 months of the year. The younger 2 to 3 year-old cars with lower mileage will once again command premium pricing.”
We’ve compiled the used cars that are seeing the greatest depreciation in 2024, leading to more affordable prices for buyers today.
Minivan prices have fallen 7% since April, exceeded only by full-size vans, which have fallen 14% in the same period. Following the decline, here are the average selling prices for some of the most popular used vans today:

Average Selling Price: $32,474
Negotiability Score: Below average, 41 days of market supply

Average Selling Price: $39,779
Negotiability Score: Below average, 31 days of market supply

Average Selling Price: $33,197
Negotiability Score: Average, 47 days of market supply
According to iSeeCars, the average price of a used EV dropped by 29.5% from $40,783 in June 2023 to $28,767 in June 2024. Here are the latest prices for three of the most popular used EVs in America:

Average Selling Price: $28,844
Negotiability Score: Below average, 38 days of market supply

Average Selling Price: $24,096
Negotiability Score: Below average, 34 days of market supply

Average Selling Price: $32,681
Negotiability Score: Below average, 26 days of market supply
Another used car segment that has seen falling prices in 2024 is the luxury crossovers. Prices for these popular models have fallen by more than 40% in three years.

Average Selling Price: $33,105
Negotiability Score: Average, 48 days of market supply

Average Selling Price: $47,790
Negotiability Score: Above average, 64 days of market supply

Average Selling Price: $34,225
Negotiability Score: Above average, 66 days of market supply
The used car market is inching closer to normal following four years of disruption. Prices are falling, inventory levels are high, and cars are staying on lots longer. However, the market is complex, with each used car segment showing different trends. Minivans and full-size vans are seeing the steepest price declines, while used EVs and luxury crossovers also offer some serious opportunities for savings. As lease returns decrease, younger, low-mileage cars will likely become more valuable, slowing the overall price decline later in 2024.
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In 2023, nearly 6 million car crashes occurred in the U.S., with 40,000 resulting in fatalities. As accident rates rise, vehicle safety matters more than ever. The Insurance Institute for Highway Safety (IIHS) conducts crash tests on dozens of car and truck models annually. From front and side-impact crashes to simple headlight performance, every aspect of the vehicle is scrutinized with one thing in mind: safety. The most recent IIHS tests found these 5 models to be some of the safest cars on the road in 2024.
All of these cars are rated ‘Top Safety Pick Plus‘ by the IIHS in 2024. The Institute’s ratings are based on the most recent crash testing and available safety features.
Note that the IIHS tests models when a new generation arrives, so if you see that the most recent test was a few years ago, that simply means that 2024’s model is the same car structurally. From EVs to SUVs, there’s something for everyone.
In the overviews below, we’ve included links to IIHS testing. A green rating of ‘G‘ indicates the highest possible score of ‘Good‘, and a yellow ‘A‘ represents ‘Acceptable‘ ratings.
It’s the best-selling EV in America, and the safest too. Tesla VP of Vehicle Engineering Lars Moravy explained that absorbing as much energy as possible during a collision was a goal from the start of the vehicle’s design. The Model Y has one of the lowest probabilities of injury from an accident of any car on sale today.
Here are the key safety results from the Model Y IIHS testing:

Other available safety features
Consumer Reports rates the Model Y 72 out of 100 points. See their full review.
Learn more about the Model Y at Tesla.com, or see used Model Y listings with market data
If you’re in the market for a midsize SUV with all-wheel drive, the Subaru Ascent might be the perfect fit. It’s got space for up to eight passengers, which are well-protected considering the Ascent’s 5-star safety ratings.
Here are the key safety results from the Subaru Ascent IIHS testing:

Other available safety features
Consumer Reports rates the Ascent 79 out of 100. See the full review.
Browse Subaru Ascent listings with local market data
The Honda Accord is arguably the best sedan on sale today. It’s safe, fuel efficient, good looking, and handles better than the competition. Not to mention you get all of this and more for under $30K. The IIHS gave the Accord the coveted ‘Top Safety Pick Plus’ top honors after the latest crash tests.
Here are the key safety results from the Honda Accord IIHS testing:

Other available safety features
Consumer Reports gave the 2024 Accord 78 out of 100 points. See their full review.
Browse Honda Accord listings with local market data
The legendary Prius has come a long way from its humble, economical beginnings. In 2024, it’s a sharp-looking car that turns heads. Of course the Prius will save you on fuel with 57 miles per gallon, but it’s also the safest hybrid car in 2024.
Here are the key safety results from the Toyota Prius IIHS tests:

Other available safety features
Consumer Reports gave the redesigned Prius 80 out of 100 points. See their full review.
Browse Toyota Prius listings with local market data
How does peppy driving dynamics, high ground clearance, and room for the family for well under $35,000 sound? The 2024 Mazda CX-50 is winning over plenty of fans as Mazda’s U.S. market share climbs. On top of the all-weather capabilities and well-powered engine, the CX-50 is one of the safest cars on the market.
Here are the key safety results from the Mazda CX-50 IIHS tests:

Other available safety features
Consumer Reports rates the 2024 CX-50 77 out of 100 points. See their full review.
Browse Mazda CX-50 listings with local market data
Car buying is NOT fun. At least that’s been the case until now. As you consider these top safety picks for your next ride, remember this: you CAN skip the dealership hassles to save time, stress, and money.
With CarEdge Concierge, we do the heavy lifting for you. You tell us what you want, right down to the finest details. Your Car Concierge takes it from there, sourcing the perfect vehicle negotiated to the best price. With home delivery available, buying a car has never been easier.
Imagine cutting your fuel bill in half, without making the sacrifices that come with the EV lifestyle. Have you ever experienced the joy of owning a car that routinely gets 40, maybe even 50 miles per gallon? If not, we’re here to change that. In this guide, we’ll introduce you to the 5 best fuel-efficient cars for 2024.
We’ve selected five of the top new car models based on fuel efficiency, considering other important factors like reliability, comfort, and cost of ownership as tie-breakers. Fuel efficiency is measured in miles per gallon (mpg). We’ve included the annual fuel cost calculated for the average American driver traveling 15,000 miles per year, paying $3.50/gallon for gas. For comparison, the average American light-duty vehicle gets 25 miles per gallon, and costs $2,100 to fuel each year.
Without further adieu, let’s dive in.

For anyone familiar with fuel-efficient car brands, the winners should come as no surprise. Toyota and Honda have long been leaders in hybrid technology, consistently delivering cars that top the charts in fuel efficiency. Hyundai is also making a strong push in the hybrid market, proving that fuel economy doesn’t have to come at a premium price.

See Prius listings with local market data

See Camry Hybrid listings with local market data

See Elantra Hybrid listings with local market data

See Civic Hybrid listings with local market data

See Corolla Cross Hybrid listings with local market data
While fuel efficiency is undeniably important when selecting your next vehicle, it’s just one piece of the puzzle. You’ll want to take into account other critical factors like reliability, comfort, safety features, and the overall cost of ownership to make a well-rounded decision that aligns with your unique needs and preferences.
You don’t have to navigate car buying alone! Your CarEdge Concierge is here to listen to your needs, find the perfect car, and negotiate the price on your behalf. It’s the easiest way to buy a car in 2024, hands down!