Discover 2024's Top 6 Most Negotiable New Cars Staff
by Staff
Photo credit: Mazda

The 2024 automotive market is uniquely positioned for buyers, marked by an oversupply of vehicles and slower sales. Data obtained from CarEdge reveals that this situation is most pronounced in certain 2024 models, which are remaining on dealership lots for extended periods, some for over 200 days. This surplus offers potential buyers a chance to secure significant discounts and appealing financing options.

Notable Models with Extended Inventory

2024 Ford F-150

  • Current Market Supply: 213 days
  • Total For Sale: 16,377
  • Today’s Best Offer: 1.9% APR for 72 months

The 2024 Ford F-150, despite its refreshed exterior and new standard powertrain, is finding it challenging to attract buyers. Dealerships are countering this with competitive financing options like 1.9% APR for 72 months, creating an attractive scenario for negotiation.

2024 Ford Explorer

  • Current Market Supply: 119 days
  • Total For Sale: 16,344
  • Today’s Best Offer: 4.9% APR for 60 months

The 2024 Ford Explorer, with only minor updates, is struggling to leave dealership lots. Dealers are offering a 4.9% APR for 60 months, presenting an opportunity for buyers to secure a favorable deal.

2024 Jeep Grand Cherokee

  • Current Market Supply: 215 days
  • Total For Sale: 34,291
  • Today’s Best Offer: Lease for $490/month for 39 months with $4,444

The Jeep Grand Cherokee, with minimal updates and new wheel options, is grappling with excess inventory. Dealerships are responding with enticing lease deals like $490/month for 39 months with $4,444 due at signing.

2024 Jeep Compass

  • Current Market Supply: 250 days
  • Total For Sale: 20,303
  • Today’s Best Offer: $399/month (buy or lease)

Facing market challenges with minimal changes, the 2024 Jeep Compass is being offered by dealerships at $399/month for both buying and leasing, providing a unique opportunity for buyers.

2024 Mazda CX-30

  • Current Market Supply: 162 days
  • Total For Sale: 25,117
  • Today’s Best Offer: 0.9% APR for 36 months (+ deals for longer-term loans)

Despite new trims and features, the 2024 Mazda CX-30 is encountering market challenges. Dealerships are presenting attractive financing options, such as 0.9% APR for 36 months, along with additional deals for longer-term loans.

2024 Ram 1500

  • Current Market Supply: 225 days
  • Total For Sale: 45,901
  • Today’s Best Offer: $479/month (Night Edition – buy or lease)

The Ram 1500, largely unchanged for 2024, faces sales difficulties. Dealers are responding with a $479/month offer for the Night Edition, available for both purchase and lease.

Leveraging the Buyer's Market

This inventory surplus has led to a buyer's market, where consumers have extraordinary opportunities to negotiate more favorable deals. Dealerships' competitive financing options further amplify these opportunities. As the automotive industry faces these unique challenges, informed consumers can use this situation to their advantage, potentially achieving substantial savings on their next vehicle purchase.

This article was co-written using AI and was then heavily edited and optimized by our editorial team. Staff Staff

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