Black Friday is synonymous with exciting discounts, doorbuster deals, and savings galore, and this annual shopping event isn’t just about snagging the best electronics or home goods. Over recent years, Black Friday has become one of the best times of the year to score unbeatable deals on vehicles, making it a key date for car buyers looking for significant savings. From luxury sedans to practical family SUVs and eco-friendly electric vehicles, dealerships offer special discounts, financing options, and incentives.

Why Buy a Car on Black Friday?

Several factors make Black Friday a prime time to invest in a car:

1. End-of-Year Clearance Sales : By November, dealerships are eager to clear out existing inventory to make room for the next year’s models, leading to steep discounts on cars from the current or previous model year.
2. Incentives from Manufacturers : Auto manufacturers frequently provide lucrative cash-back incentives and low-interest financing during Black Friday weekend to boost sales during this competitive season.
3. Holiday Promotions : Many dealerships create unique Black Friday promotions, bundling perks such as extended warranties, free service packages, cash discounts, or even gift cards with car purchases.
4. Reduced Customer Traffic : Although Black Friday is notoriously hectic for big-box stores, dealerships often experience a slowdown, allowing buyers more room to negotiate.

Best Vehicles to Look Out for This Black Friday

1. SUVs and Crossovers

SUVs remain highly popular because of their versatility and family-friendly features. On Black Friday, you’re likely to find steep discounts on older model year SUVs as dealerships prepare for new arrivals. Vehicles such as the Toyota RAV4 , Honda CR-V , and Ford Escape regularly see markdowns during this time.

2. Electric Vehicles (EVs) and Hybrids

With the increasing interest in sustainable living, electric vehicles and hybrids are making waves in the automotive market. Keep an eye out for deals on models like the Tesla Model 3 , Chevrolet Bolt , and Toyota Prius .

3. Luxury Sedans

Luxury manufacturers often provide attractive financing options or leasing incentives during Black Friday. Brands like BMW , Mercedes-Benz , and Lexus frequently showcase year-end sales events that coincide with Black Friday.

Top Black Friday Car Deals for 2023

The following table highlights some lucrative 2023 Black Friday car deals, including discounts, financing offers, and dealerships hosting these promotions. Be sure to check with local dealers for updated availability!

Tips for Securing the Best Deal

1. Do Your Research

Before setting foot in a dealership, research the vehicle’s market value, typical incentives, and local inventory online. Price comparison tools and resources like Kelley Blue Book or Edmunds can help you understand what constitutes a fair deal.

2. Negotiate Smartly

Dealers are keen to close as many sales as possible before year-end, so leverage this to your advantage. Always negotiate price and feel free to counter-offer for perks like free maintenance services or accessories.

3. Examine Financing Options

Some buyers qualify for 0% interest or low APR financing during Black Friday through manufacturer programs. Consider pre-approval from your bank or credit union as a benchmark to compare with dealership financing options.

4. Shop Early

Inventory moves quickly during Black Friday sales, so plan to visit dealerships early. Some dealers might even start their sales a week before the official Black Friday weekend.

5. Carefully Read the Deal Terms

While the discounts might seem appealing, read the fine print to avoid catchy promotions tied to specific conditions. Ensure that price reductions aren’t contingent upon expensive add-ons like extended warranties or dealer extras.

Online Shopping for Black Friday Car Deals

In addition to visiting dealerships, many manufacturers and car-selling platforms offer exclusive Black Friday deals online. Services like Carvana , Vroom , and manufacturer websites let you browse, customize, and order cars with discounts directly from the comfort of your home—perfect for saving time and avoiding the holiday crowds.

Black Friday car deals present a once-a-year opportunity to snag a fantastic deal on a brand-new or certified pre-owned vehicle. With careful research, strategic timing, and a bit of negotiation, buyers can drive home with significant savings. Whether you’re in the market for a reliable family SUV, a high-tech electric car, or a sleek luxury sedan, the Black Friday period is packed with various models at budget-friendly prices. Don’t forget to explore both online and in-person opportunities to maximize your spending power during this highly anticipated shopping event.

Happy car shopping!

Reference Links:

1. Kelley Blue Book: www.kbb.com
2. Edmunds: www.edmunds.com
3. Carvana: www.carvana.com
4. Manufacturer Sites: www.toyota.com , www.ford.com , www.chevrolet.com