KBB.com Lists Top 10 July 4 Offers
Kelley Blue Book analysts have released their annual list of the top 10 sales and lease deals for new vehicles available during the holiday week.
The 2019 Kia Sorento leads Kelley Blue Book’s latest annual list of the top sales and lease deals for Independence Day week.
Photo courtesy Kia Motors Corp.
IRVINE, Calif. — Kelley Blue Book has listed the “10 Best 4th of July Car Deals of 2019,” a list of sales and lease deals available to new-car shoppers this week. This year’s best deals include:
2019 Kia Sorento ($28,695): $4,000 cash back
2019 Jeep Cherokee ($33,190): lease for $179 per month, 36 months
2019 Nissan Murano ($34,015): zero percent APR and $3,750 cash back
2019 Ford Fiesta ($16,765): $4,000 cash back (expired July 1)
2018 Chevrolet Volt ($34,095): $5,000 cash back
2019 Honda Civic ($21,145): $2,199 down and $189 per month for 36 months
2019 Kia Optima ($23,915): $3,306 down and $149 per month for 36 months
2019 Chevrolet Equinox ($28,395): $2,889 down and $229 per month for 39 months
2019 Hyundai Veloster ($26,320): $2,299 down and $189 per month for 36 months
2019 Subaru Outback ($27,320): $2,239 down and $239 per month for 36 months
In the No. 1 spot is the 2019 Kia Sorento. The factory is offering $4,000 cash back on the Sorento, which retails for $28,695 and has a KBB.com-calculated “Fair Purchase Price” of $27,048.
“The Sorento offers impressive interior refinement, near-luxury options and a small but useful third row. The perfect tweener for those undecided about a compact or midsize SUV,” analysts wrote.
Noting that most factories won’t announce their Fourth of July specials until the eve of the holiday, analysts urged consumers to continue checking manufacturer and third-party sites. To learn more about KBB.com’s list, including photos and analysis, click here.
More Auto Finance
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →