How CRAZY Are July 4th Deals This Year? INSANE!

If you're on the prowl for a deal on a new car this year, you may want to start your search. Now.

That's because July 4th car deals typically are pretty rich for customers. In fact, according to Agent 001, this weekend as well as Labor Day are the two best times of the year to buy a car.

Especially if the first half of the year has been slow from a sales perspective. Remember, the sales teams at franchises need to hit their numbers and some auto manufacturers even have bonuses that are tied to how many units are sold.

Skeptical? Needing more evidence?

Check out these deals that 001 sourced from SoCal.

Key detail to note: ZERO down!

MDarringer - 7/1/2017 1:09:43 PM

-1 Boost

Buyer beware:

1. Not everyone will qualify for the amazing deal assuming the stock hasn't been sold out.

2. Rely faithfully on your app that tells you what the invoice is because that will make the dealer a couple thousand per sale as the real invoice is lower.

3. Have your financing in hand even if you plan to just go for the cheapie lease.

4. If you are serious about the cheapie deal then don't look at anything else. If your eyes go up the ladder, there is no cheapie deal.

5. If you weren't planning to buy a vehicle, don't rush out.

6. Pit Ford against Chevy against Toyota against Honda against Hyundai against Kia. And if you're not prepared to do that, then don't buy.

Ccoxx - 7/1/2017 7:23:54 PM

+4 Boost

WOW - Ford needs sales! Cell phone bill prices for a Fusion or Escape.

MDarringer - 7/1/2017 10:13:18 PM

-2 Boost

They are certainly not alone in promotions this weekend.

TomM - 7/2/2017 10:31:07 AM

+3 Boost

AS always - the best deals will be available on the cars that are not selling in the marketplace. ANd while not everyone will indeed not qualify for ALL the deals - everyone will qualify for something.

Before you go to the dealership - keep a list of the "options" you must have in your car with you. That way - you can "discount" all the things you don't care about.

Also note - today the dealer makes money on financing - maybe as much as he makes on the car itself. They will do everything they can to get you to finance the car through them - but check the rates and know ahead of time what is proper in your area. ANd don't back down. If you intend to buy in cash - do NOT listen to them when they say they will not hold the car with a big deposit - until after the bank holiday - that is a LIE.

MDarringer - 7/2/2017 11:29:12 AM

-1 Boost

This makes no sense: "Before you go to the dealership - keep a list of the "options" you must have in your car with you. That way - you can "discount" all the things you don't care about."

You don't get to discount the features you don't want, pay that reduced price, and drive out with the features you say you don't want.

I've had the salesmen come to me exasperated by customers that think they know all the secrets--when they don't--and in some cases I've said to the customers: "Thank you for coming in today. Unfortunately we will not be doing business with you."

When they protest, I repeat the two sentences with a smile and keep repeating it until they leave.

Usually, when you tell them you won't be doing business with them they panic because they want the car and they come to their senses.

I won't waste time negotiating with idiots and tying up sales personnel in the process.

Also, what MANY buyers are discovering is that financing through their banks cannot come anywhere close to what manufacturers are willing to offer through their credit arm.

dumpsty - 7/5/2017 9:59:00 AM

+1 Boost

Interesting. I wouldn't expect every dealership to "fight" for sales the same way. They have a finite list of vehicles on the lot - so the customer will have to compromise on what interior content/engine options they get or don't get. Most-likely a high trim level will increase a dozen items the customer wont want/use.

Banks are highly sensitive about credit for vehicles (except commercial type) - banks want to finance homes, businesses. Unless you're on the top-half of your bank's customer list, they will either refuse to extend credit to buy a car or not offer a (locally) competitive rate.

Smaller financial institutions such as credit unions would be a better place to start, especially if you have a descent length of history with them. But the dealership's in-house financial dept may get the lower rates b/c they have the best knowledge of the industry, specific dealer, product, etc.

But every consumer should 1st know their credit score, debt levels, & their monthly payment limits for their own financial situation. Don't let some dealer/salesman calculate that as you try to find a new car to buy. Walking in unprepared is where much of the financial confusion starts.

Agent001 - 7/3/2017 3:57:08 PM

0 Boost

I have actually bought two cars on those deals...one for my son 17 Fusion SE (Last labor day weekend) and for a friend and there is NO bait and switch. They are REAL deals and easy to one by. They will be $200 per month when deals end so don't miss. And Honda/Toyota deals not even close in SoCal.

001