Used SUVs prices are dropping as new 2025 models are coming

2023 was a crazy year in the automotive industry. But that’s good news for SUVs buyers, since remaining 2022 and 2023 SUVs now go for pennies on the dollar.

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Dealerships are getting rid of the 2022 SUVs models to create room for 2023 models. As a result, buyers can now purchase new SUVs or Crossovers at great prices. 

There’s never been a great time to own a car like now. All you need to do is to open your browser and search for the best deals online. You will see several amazing Crossover or SUV deals posted by dealerships.

There’s a lot of helpful information online. If you’ve been dreaming of owning a Crossover, SUV, or Luxury SUV – do not wait any longer.

Below you will find all the relevant information about SUVs and Crossovers and the best way to secure a great deal.

Crossover vs SUV vs Luxury SUV

Luxury and standard SUVs differ, as the names suggest. Luxury SUVs generally come with more powerful engines, fancier interiors, insulated cabins that don’t let in much road or engine noise and fancy features.

Luxury SUVs also come with hi-tech infotainment functionality and a superb audio system. Their interiors are integrated with the finest materials of wood and leather.

Besides that, luxury SUVs have superior safety features, including frontward impact warning and auto-braking systems that make luxury SUVs more of a fort than your standard SUV.

Most luxury models released to the market feature powerful engines. Their engines deliver great power and with superior handling and acceleration compared to the average SUV. They also come equipped with improved transmissions, suspensions, and brake systems for pleasant and smoother cruising.

The thing that separates an SUV from a Crossover is the platform. An SUV has a platform that’s similar to that of a truck, whereas a Crossover platform is based on a sedan. In technical terms, a crossover is a uni-body construction, whereas an SUV is a body-on-frame design.

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Save Big on Crossovers and SUVs

According to Consumer Reports, the ongoing part supply disruption and the economic crisis have caused a ripple effect through the new-car market, with some models boasting notable discounts and others holding tight to their sticker price or even commanding a premium.

Some models have potential savings on SUVs, from companies such as Cadillac, Chevrolet, Hyundai, Kia, and Mazda. Here are some affordable SUVs in the market:

Jeep Grand CherokeeYou can have a monthly payment of about $269 per month with a $3,000 incentive cashback. It comes with a 0% interest rate, and you will have five years to complete your payment.

Mazda CX-30

With a payment of roughly $267 per month, you can drive this SUV at a 6.22% estimated APR. Financing is available over a 72 month term.  It also comes with an incentive cashback of $500.

Kia Sportage

You will get this excellent SUV for $300 per month at a 6.75% estimated APR. Financing is available up to 75 months . Plus, a $300 discount is available for Military.

Jeep Grand Cherokee

You can have a monthly payment of about $269 per month with a $3,000 incentive cashback. It comes with a 0% interest rate, and you will have five years to complete your payment.

Luxury Models

Supposing elegance is your thing, the BMW X3 is available at $479 per month, Jaguar F-Pace at $439 per month, and the Acura RDX at $379/month. Note that these are lease which do not require anything down at the time of signing.  

The competition between automakers for who can build the most affordable Crossovers and SUVs is intense, resulting in significant cash benefits and low prices.

Searching for Crossover and SUV Deals

Even though dealers have considerably reduced prices on their overstocked inventory of Crossovers and SUVs, you will still want to search online before walking into a dealership.

Using a simple search, you can research all of the best deals currently available in your community. You can also compare the prices, benefits and features of multiple SUVs that you might be considering. The exciting bit about online search is that there are countless special deals that dealers post online that you are likely to come across.

Besides that, you can search for a particular dealer and monitor what inventory they have – When someone pops up that catches your eye you can act fast and take advantage of the deal right away. Using this strategy can help you save hundreds or even thousands of dollars.

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What Are You Waiting For?

This is the ideal time to get yourself a brand-new crossover or an SUV. Take advantage of the current affordable rates. Keep in mind that the rates could get revised at any time.