Black Friday 2024 SUV Deals: What to Expect and How to Save Big
Black Friday is not only a time to score incredible deals on electronics, clothing, and home goods; it’s also a prime opportunity for car buyers to secure a great deal on a new vehicle, especially SUVs. As the popularity of SUVs continues to rise due to their versatility, space, and off-road capabilities, automakers and dealerships are gearing up for Black Friday 2024 with offers that could save buyers thousands of dollars. Whether you’re in the market for a compact crossover or a full-sized family SUV, there will be plenty of opportunities to take advantage of major savings this holiday season.
This article will guide you through the best Black Friday 2024 SUV deals, highlighting key discounts, financing offers, and tips for getting the most out of your car shopping experience.
What to Expect from Black Friday 2024 SUV Deals
As we approach Black Friday 2024, automakers and dealerships are already preparing their special offers. While many people think of Black Friday as a time to snag a new TV or laptop, automakers use this retail event to entice car buyers with significant incentives. Here’s what you can expect:
- Discounts and Rebates on New SUVs
One of the most enticing aspects of Black Friday car deals is the steep discounts offered on brand-new vehicles.
- Financing Deals
If you’re looking to finance your SUV purchase, many automakers offer low-interest or even 0% financing for qualified buyers. This is an excellent opportunity for those who prefer to spread out the cost of their new SUV over time while minimizing the interest they pay.
- Lease Offers
If owning a new vehicle isn’t a priority for you, Black Friday is a great time to explore leasing options. Many dealerships offer attractive lease terms during Black Friday, including low monthly payments and minimal down payments. These deals are particularly appealing for buyers who like driving a new car every few years without the long-term commitment.
- Trade-In Offers
Trading in your current vehicle can help reduce the overall cost of your new SUV. Many dealerships offer increased trade-in values during Black Friday to encourage buyers to upgrade. This is the perfect time to trade in an older vehicle and drive away with a brand-new SUV at a lower price.
Best SUV Deals Expected for Black Friday 2024
As the automotive market continues to evolve, certain SUV models consistently offer the best deals during Black Friday sales. Whether you’re looking for a family-friendly SUV, a fuel-efficient model, or an off-road powerhouse, there will be plenty of deals to choose from. Below is a list of the top SUVs to watch for in Black Friday 2024:
- Toyota RAV4
The Toyota RAV4 has long been a favorite among compact SUV buyers due to its impressive reliability, efficiency, and safety features. During Black Friday 2024, expect discounts of up to $3,000 or more on select trims. Additionally, Toyota often offers 0% financing for up to 60 months on the RAV4, making it a great choice for those looking for affordable monthly payments.
- Honda CR-V
The Honda CR-V is another top contender in the compact SUV category, known for its spacious interior and solid performance. Black Friday 2024 could bring rebates of up to $2,500 or better, especially for older models or high-demand trims. Additionally, Honda’s financing offers are typically competitive, with low-interest rates or special lease deals during this time.
- Ford Escape
For those who prioritize both technology and performance, the Ford Escape is a great option. With a range of powertrains, including hybrid options, the Escape is designed to fit a variety of lifestyles. On Black Friday 2024, expect to see discounts of $3,000 or more, as well as attractive lease options and financing deals.
- Chevrolet Equinox
The Chevrolet Equinox is a versatile, mid-size SUV that offers excellent value for money. It often receives significant discounts during Black Friday, with potential savings of up to $4,000 or more. Chevrolet also tends to offer 0% financing or low APR deals, making it an appealing option for buyers who want both a budget-friendly purchase price and low monthly payments.
- Jeep Grand Cherokee
If you’re looking for a larger SUV that excels off-road, the Jeep Grand Cherokee is a prime contender. With its rugged capabilities and upscale features, the Grand Cherokee often sees deals ranging from $4,000 to $6,000 off MSRP during Black Friday sales. In addition, Jeep frequently offers competitive financing rates and cashback deals on select trims.
How to Maximize Your Savings on Black Friday 2024 SUV Deals
To make sure you get the best deal possible, here are some tips for navigating the Black Friday 2024 SUV sales:
- Do Your Research Early
Start researching your preferred models and trims well before Black Friday. Compare prices at different dealerships, check current incentives, and use online car-buying tools to understand the best offers available. This way, you’ll be prepared when the deals go live.
- Get Pre-Approved for Financing
If you plan to finance your SUV, getting pre-approved for a loan can give you an edge. Knowing your budget and financing options ahead of time will help you avoid any surprises and allow you to make a more informed decision.
- Take Advantage of Trade-In Offers
If you have an older vehicle to trade in, be sure to get an appraisal in advance. Many dealerships will offer extra trade-in value during Black Friday, but it’s still essential to know your car’s worth so you don’t miss out on a fair deal.
- Look for Additional Incentives
Beyond discounts and financing, some dealerships will offer extra perks such as free maintenance for a year, discounted accessories, or extended warranties during Black Friday. These bonuses can add significant value to your purchase.
- Be Prepared for Limited Availability
Black Friday deals are competitive, and the best offers may only be available in limited quantities. If you have your eye on a specific SUV, be prepared to act quickly once the sale begins.
Table: Best Black Friday 2024 SUV Deals
SUV Model | Expected Discount | Financing Offer | Potential Trade-In Value |
Toyota RAV4 | Up to $3,000 off | 0% financing for 60 months | Increased trade-in offers |
Honda CR-V | Up to $2,500 off | Low APR or special lease deals | Increased trade-in offers |
Ford Escape | Up to $3,000 off | 0% financing or competitive lease | High trade-in value |
Chevrolet Equinox | Up to $4,000 off | 0% financing or low APR rates | High trade-in offers |
Jeep Grand Cherokee | $4,000 – $6,000 off | Competitive financing rates | High trade-in value |
Black Friday 2024 will be an exciting time for SUV shoppers. With significant discounts, attractive financing options, and various promotions, it’s the perfect opportunity to purchase a new SUV at a lower cost. Whether you’re looking for a compact SUV, a family-friendly model, or an off-road powerhouse, the deals available this Black Friday will be hard to beat.
To maximize your savings, be sure to do your research, get pre-approved for financing, and trade in your old vehicle for an additional discount. Act quickly once the deals are live, as the best offers will likely sell out fast.
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