Consumer Reports Best New-Car Deals for the 4th of July Holiday

Car Shopping This 4th of July is Right Around the Corner

After analyzing current national incentives focused on sedans, trucks and SUVs, Consumer Reports’ analysts found ten models worth considering that not only possess strong overall scores factoring in road-test performance, owner satisfaction, reliability, and safety; but also range in new incentive discounts 10-3% below current MSRP sticker prices for this top car buying holiday.

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According to CR analysts, “All models featured below have nationwide incentives that are good until at least July 5, 2023. (The Chevrolet deadline is July 31.) The vehicles are listed in order of percentage of potential savings off the sticker price, from 10 percent to 3 percent. Similar discounts can be found on other versions in addition to the specific trim and configuration that we spotlight.”

THE BEST DEALS LIST

That said, here are the current listings to help consumers find new-car deals to fit a range of budgets.

Best New Car Deals Recommended by Consumer Reports

1. Hyundai Ioniq 5 2023 (10% Off)
Price Range: $41,450 - $56,500
CR MPGE: Overall 98 / City 110 / Hwy 87 mpge
#2 of 12 Electric SUVs

CR Selected Model: 2023 Hyundai Ioniq 5 SEL AWD
Incentives expire: July 5, 2023
MSRP: $50,950
Potential savings off MSRP: $5,000
Bottom line price: $45,950

2. Chevrolet Equinox 2023 (9% Off)
Price Range: $26,600 - $33,400
CR MPG: Overall 25 / City 17 / Hwy 34 mpg
#15 of 24 Compact SUVs

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

3. Chevrolet Blazer 2023 (7% Off)
Price Range: $35,100 - $45,700
CR MPG: Overall 19 / City 13 / Hwy 27 mpg
#7 of 13 Midsized SUVs

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

4. Mazda CX-9 2023 (7% Off)
Price Range: $38,750 - $48,460
CR MPG: Overall 22 / City 15 / Hwy 32 mpg
#9 of 17 Midsized SUVs 3-row

CR Selected Model: 2023 Mazda CX-9 Touring AWD
Incentives expire: July 5, 2023
MSRP: $38,750
Potential savings off MSRP: $2,591
Bottom line price: $36,159

5. Chevrolet Traverse 2023 (7% Off)
Price Range: $34,520 - $54,200
CR MPG: Overall 20 / City 14 / Hwy 28 mpg
#6 of 17 Midsized SUVs 3-row

CR Selected Model: 2022 Chevrolet Traverse Premier AWD
Incentives expire: July 31, 2023
MSRP: $49,800
Potential savings off MSRP: $3,291
Bottom line price: $46,509

6. Lincoln Corsair 2023 (7% Off)
Price Range: $38,690 - $53,885
CR MPG: Overall 23 / City 15 / Hwy 33 mpg
#3 of 24 Luxury compact SUVs

CR Selected Model: 2023 Lincoln Corsair Reserve AWD
Incentives expire: July 5, 2023
MSRP: $45,375
Potential savings off MSRP: $2,996
Bottom line price: $42,379

7. Cadillac XT5 2023 (6% Off)
Price Range: $44,195 - $57,095
CR MPG: Overall 20 / City 13 / Hwy 30 mpg
#11 of 24 Luxury compact SUVs

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

8. Ford Escape 2023 (5% Off)
Price Range: $28,000 - $40,500
CR MPG: Overall 26 / City 17 / Hwy 37 mpg
#19 of 24 Compact SUVs

CR Selected Model: 2023 Ford Escape ST-Line Select AWD
Incentives expire: July 5, 2023
MSRP: $35,040
Potential savings off MSRP: $1,901
Bottom line price: $33,139

9. Ford Edge 2023 (5% Off)
Price Range: $37,945 - $46,485
CR MPG: Overall 22 / City 15 / Hwy 31 mpg
#5 of 13 Midsized SUVs

CR Selected Model: 2023 Ford Edge SEL AWD
Incentives expire: July 5, 2023
MSRP: $39,345
Potential savings off MSRP: $2,074
Bottom line price: $37,271

10. Dodge Challenger 2023 (3% Off)
Price Range: $31,965 - $66,600
CR MPG: Overall 20 / City 14 / Hwy 27 mpg
#8 of 24 Sports/sporty cars over $40,000

CR Selected Model: 2023 Dodge Challenger SXT RWD
Incentives expire: July 5, 2023
MSRP: $31,965
Potential savings off MSRP: $1,091
Bottom line price: $30,874

And finally…

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, check out these three articles:

• Best New Cars and SUVs for Under $30,000

• Best New Cars You Can Buy Under $25,000

• Consumer Reports Popular Cars to Avoid and What to Buy Instead

Timothy Boyer is Torque News 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.

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