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Best Deals on SUVs You Can Buy Right Now This July

Here are the best deals on new SUVs listed by Consumer Reports’ analysts who studied current national incentives to find models boasting notable discounts that are good until at least July 31, 2023.
SUV Deals for July

According to a recent Consumer Reports newsletter, right now we are seeing some potential savings on new model SUVs this year from Cadillac, Chevrolet, Hyundai, Kia, and Mazda.

To help consumers identify the models CR analysts consider to be smart buys, they have done the research for you and picked out seven remarkable standouts not only because of current national incentive deals, but also due to that all seven models are those, “…with a strong Overall Score, factoring in road-test performance, owner satisfaction, reliability, and safety,” states the newsletter.

Caveats to the Best Deals

While the incentives do look attractive you will have to take into consideration that depending on your locale, supply and demand still puts dealers behind the wheel of what kind of deal you can get.

Related article: The Biggest Car Buying Mistakes You Can Make with a Dealership

In fact, according to CR analysts,” ...transaction data from our partner TrueCar shows that, on average, most of these are selling for a bit over sticker price. This underscores the importance of being armed with the latest data and using it to negotiate or using a car-buying service.”

That said, here are the models listed in decreasing rank order by the percentage of potential savings off MSRP, which is currently 6 to 10 percent.

Related article: Best New Cars You Can Buy Under $25,000

 

THE BEST SUV DEALS

1. Hyundai Ioniq 5: 10% Off

Price Range:  $41,450 - $56,500

CR MPGE:  Overall 98 / City 110 / Hwy 87 mpge

Rated #2 of 12 Electric SUVs

CR Recommended Model: 2023 Hyundai Ioniq 5 SEL AWD
Incentives expire: July 31, 2023
MSRP: $50,950

Potential savings off MSRP: $5,000
Bottom line price: $45,950

2. Chevrolet Equinox: 9% Off

Price Range:  $26,600 - $33,400

CR MPG:  Overall 25 / City 17 / Hwy 34 mpg

Rated #15 of 24 Compact SUVs

CR Recommended Model: 2023 Chevrolet Equinox AWD LT w/1LT
Incentives expire: July 31, 2023
MSRP: $29,300
Potential savings off MSRP: $2,598
Bottom line price: $26,702

3. Kia EV6: 8% Off

Price Range:  $42,600 - $61,600

CR MPGE:  Overall 105 / City 116 / Hwy 94 mpge

Rated #1 of 12 Electric SUVs

CR Recommended Model: 2023 Kia EV6 Wind AWD
Incentives expire: Sept. 5, 2023
MSRP: $52,600
Potential savings off MSRP: $4,276
Bottom line price: $48,324

4. Chevrolet Blazer: 7% Off

Price Range:  $35,100 - $45,700

CR MPG:  Overall 19 / City 13 / Hwy 27 mpg

Rated #7 of 13 Midsized SUVs

CR Recommended Model: 2023 Chevrolet Blazer AWD LT w/2LT
Incentives expire: July 31, 2023
MSRP: $37,800
Potential savings off MSRP: $2,739
Bottom line price: $35,061

5. Mazda CX-9: 7% Off

Price Range:  $38,750 - $48,460

CR MPG:  Overall 22 / City 15 / Hwy 32 mpg

Rated #9 of 17 Midsized SUVs 3-row

CR Recommended Model: 2023 Mazda CX-9 Touring AWD
Incentives expire: July 31, 2023
MSRP: $38,750
Potential savings off MSRP: $2,591
Bottom line price: $36,159

6. Chevrolet Traverse: 7% Off

Price Range:  $34,520 - $54,200

CR MPG:  Overall 20 / City 14 / Hwy 28 mpg

Rated #6 of 17 Midsized SUVs 3-row

CR Recommended Model: 2023 Chevrolet Traverse AWD Premier
Incentives expire: July 31, 2023
MSRP: $49,800
Potential savings off MSRP: $3,291
Bottom line price: $46,509

 

7. Cadillac XT5: 6% Off

Price Range:  $44,195 - $57,095

CR MPG:  Overall 20 / City 13 / Hwy 30 mpg

Rated #11 of 24 Luxury compact SUVs

CR Recommended Model: 2023 Cadillac XT5 Premium Luxury AWD
Incentives expire: Sept. 5, 2023
MSRP: $51,995
Potential savings off MSRP: $3,100
Bottom line price: $48,895

And finally…

If you want to learn more about the vehicles listed above, be sure to use Torque News’ search option in the header above to find past articles and reviews on many models, both current and past.

For a more detailed breakdown of the data, please visit the CR website. Note that while access to some information requires a CR membership, the potential savings make it negligible in comparison when looking for the latest information to aid your car buying research.

For additional news related to Consumer Reports research and SUV owners, here are two informative pieces titled “Consumer Reports Shows All-Wheel-Drive Owners How to Save Money on Their SUV Tires” and “SUVs That Can Hold the Most Cargo Measured by Consumer Reports.”

Timothy Boyer is a Torque News automotive reporter based in Cincinnati. Experienced with early car restorations, he regularly restores older vehicles with engine modifications for improved performance. Follow Tim on Twitter at @TimBoyerWrites for daily new and used vehicle news.

COMING UP NEXT: Consumer Reports Best Deals on Fuel-Efficient Cars and SUVs

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