New Leftover SUVs So Insanely Cheap They’re Practically Free
Dealerships want their brand new luxury SUVs sold so badly that they’re practically giving them away. Check for inventory in your area by clicking on one of these here:
Car prices have been falling because a number of car dealers have a lot of models sitting in their lots that remain unsold. So where can you find the best deal now? With a shift in market demand that has led to an overproduction of cars with loaded trim levels, most dealers are now left with an excess of luxury vehicles. For those that have always wanted to buy an SUV or luxury model but have always found it quite unaffordable, now could be the time to finally buy your dream car.
Car Model Differences
Luxury SUVs are usually the car models that have some of the best features that most high-end vehicles have. They are not only spacious, but they also have an overall better driving experience as well. Due to being roomier, SUVs have bigger leg room for both passengers, as well as for their cargo capacity. Most luxury SUVs use high end materials like leather and wood trimming for their interiors too. Plus, another commonly added feature is a premium sound system and increased safety features that you won’t find in average SUVs, like adaptive cruise control and drive assist.
A number of luxury SUVs are well-known for their incredibly powerful engines which are much stronger than the average ones. Most of them have engines that feature 8-cylinders, enhanced transmission and finely tuned suspension. They give you the feel and refinement of any luxury car with the performance, size and comfort of most SUVs.
So Why Are These Luxury SUVs Affordable Now?
The reason why luxury SUVs have become so affordable lately is because recent developments in the automobile market have caused some pressure on the otherwise high SUV prices, causing them to decrease.
One such factor that caused a price drop is the number of off-lease SUVs that are available. These SUVs are very low-mileage, pre-used vehicles that otherwise feel brand new. They normally have a used car life of 6 months to 3 years only.
Another factor is the continuously changing preferences of consumers or buyers. A number of Americans over the past few years have chosen to make a switch from sedan to SUV. Because of this, a number of manufacturers have chosen to build more SUVs and offer more attractive incentives to appeal to a wider range of customers. A number of these enticements include car dealers offering cheaper monthly payments, which therefore makes them more affordable as well.
For instance, luxury SUVs like Land Rovers fetch a monthly price of just $399, while the brand-new BMW X1 goes for only $339 per month. In addition, SUV manufacturers are also in competition to give their customers the lowest finance rates, free upgrades, as well money back incentives. And each month has proven to bring even bigger and better deals.
Here’s How to Find the Best Deals
While it’s easy to get caught up in the first “best deal” that you see, there are ways you can get even better prices from your local car dealership if you’re prepared to haggle. It’s best to be ready by having as much information that you can before heading into the dealership. Do your research and keep a number of different SUV models that you like in mind in order to negotiate the best price for the model you decide to buy.
While smaller sized luxury SUVs have similar amenities to the larger models, they tend to be cheaper when it comes to gas consumption. Meanwhile, you might be able to find bigger SUV models from 2019 that you like that are certified pre-owned at more affordable prices as well. Here are a few luxury SUVs with competitive prices and a number of amazing amenities.
1. 2020 Volvo XC40
While Volvos have been synonymous with safety, they are also considered luxury vehicles as well. This 2020 XC40 model has been given the title of the Most Luxurious Subcompact SUV in the US, all while offering both high levels of safety and entertainment. Not only will seniors enjoy bigger interiors, but it also gives a smooth ride and incredible driving performance as well.
This SUV can also generate at least 248 horsepower with its 2.0-liter engine, yet remains highly fuel efficient with just 25 MPG within the city and 36 MPG on the highway. Of course, Volvo also ensures its signature safety features such as blind-spot monitoring, traffic sign recognition, driver attention monitoring, parking sensors, lane-departure system, lane-keeping assist, active parking assist, cross-traffic alerts and more. Aside from these incredible safety features, the cost for this model starts at $40,450, making it even more attractive to senior buyers.
2. Acura RDX
The Acura RDX is one luxury SUV whose reputation has remained untarnished over the years. The newest model comes with the standard features, but it also includes a few other advanced amenities that most seniors love. This car, which has a 2.0-liter engine, can even reach levels of 272 horsepower. While the best model already comes with an all-wheel-drive system, most seniors prefer the base model for its front-wheel drive feature.
The other pluses include it’s comfortable and spacious interior, as well as the departure warning system, collision avoidance system, lane-keeping assist, automated emergency braking, and a multi-view back up camera which have proven to be the best features for seniors when choosing a car. Of course, there are additional premium trim levels for an even more luxurious option for those that prefer a more optimum feel. The base model starts at $37,600, and ensures fuel economy of 22 MPG in the city and 28 MPG when driven on the highway.
3. 2020 Subaru Forester
The Subaru Forester comes in at least five different trims, but all of them have four-wheel drive feature. It also has very comfortable seats, a spacious interior with optimum leg room, and plenty of cargo space at the back. The base model features cloth upholstery, rear seat monitoring, automatic climate control and a rearview camera, starting at just $30,000. On the other hand, the premium trim includes leather-wrapped steering wheel, alloy wheels, panoramic sunroof, and power adjustable seats.
4. 2020 Volkswagen Tiguan
The 2020 Volkswagen Tiguan is another luxury vehicle that seems to have a leg up on a few of the other SUV models. While it offers a very roomy interior, the ride is known to be quite smooth, and it also has third-row seating. From the standard driver assistance aids, some of its other features include folding rear seats, Apple CarPlay and Android Auto connectivity, wireless charging, a Wi-Fi hotspot and a 6.5 touchscreen display. Opt to include 4MOTION all-wheel drive to any trim level for just $1,300 additional. Now that’s a great deal!
5. 2020 Chevrolet Traverse
The Chevrolet Traverse is an exceptional choice under $30,000 considering it offers three rows of seats. The L base model begins at just $29,800 despite coming with a Wi-Fi hotspot, Bluetooth, a 7-inch touchscreen multimedia system, six USB ports and Apple CarPlay and Android Auto. Add in the Chevrolet’s Teen Driver feature to monitor speed, rear seat monitoring, a rear-view camera and audio settings for secondary drivers and it’s no wonder this SUV has become very popular choice.
6. 2020 Honda CR-V
The 2020 Honda CR-V has proven to be a popular choice over the years, and for a variety of reasons. Aside from being quite fuel efficient, it offers quite a lot of cargo space, dark-tined tail lights, bigger fog light openings and a larger chrome grille. This vehicle also has an over 190-horsepower engine, while it’s Honda Sensing Suite provides more driver assistance and safety features. While the LX and EX trims are less than $30,000, they still provide their driver with an overall luxurious feel not usually associated with Honda cars. The LX base model has a 5-inch display screen, a rearview camera, a four-speaker sound system, a USB port and a Bluetooth. The EX model, on the other hand, has Apple CarPlay and Android Auto, heated front seats, a 7-inch touchscreen and a dual zone climate control.
Make Sure You Do Your Own Research
When looking for the right vehicle for you, it’s important to do your research. While there are a variety of choices and large range of offers from both online dealers and manufacturers, there are also local dealerships that have inventory clearance sales with some great offers. Buyers could easily save themselves hundreds of dollars through these kinds of sales.
Be sure to check out online reviews of different SUV models that you might like and trim your list down to at least three or four models to see which ones have the incentives and amenities that you prefer. Bring all your information to your local car dealership and be sure to haggle for the price that seems fair. In case one dealership refuses to give you the discount you’re looking for, you can always search both online and in nearby cities for those that will.