Black Friday is the unofficial start of the holiday spending season, with many Americans stocking up on gifts, gadgets, and electronics. But Black Friday is also an opportune time to go car shopping — many dealers roll out their special holiday offers and discounts right after Thanksgiving.
New and used vehicles are both in high demand, as the worldwide microchip shortage cut into the number of vehicles manufacturers have been able to produce. With demand for cars outpacing supply, each new car model is selling for more than the manufacturer suggested retail price, at an average of 11.4% above MSRP. Yet there are a number of new cars with lower markups than typical due to Black Friday sales. There are also used cars that are discounted by more than 5%.
To determine the best Black Friday car deals, 24/7 Wall St. reviewed an analysis from automotive research firm iSeeCars. For used cars, iSeeCars reviewed over 1.6 million used vehicles for model years 2016-2020 to find the models and listed the ones with the largest discounts. For new cars, iSeeCars reviewed average differences between list price and MSRP for different vehicles and listed the ones with the smallest average.
Though new vehicles are all selling above MSRP, buyers can take advantage of certain offers to offset the high prices. Many of the new vehicles with the best Black Friday deals have cashback offers, incentives, and tax credits that can help make them more affordable than their competitors.
Most of the used cars with the best Black Friday deals are sedans. This segment has become much less popular with American drivers in recent years, as subcompact SUVs take up a larger share of the U.S. auto market. These are the cars Americans do not want to buy.
Click here to see the cars with the best Black Friday deals.
15. Genesis G80
> Savings: 5.1% (total: $1,650)
> Avg. price: $34,847
[in-text-ad]
14. Nissan Frontier
> Savings: 5.3% (total: $1,406)
> Avg. price: $28,139
24/7 Wall St.
13. Kia Stinger
> Savings: 5.6% (total: $1,944)
> Avg. price: $37,280
12. Nissan Titan XD
> Savings: 5.9% (total: $2,413)
> Avg. price: $41,853
[in-text-ad-2]
11. Nissan Maxima
> Savings: 5.9% (total: $1,435)
> Avg. price: $26,133
10. Nissan Altima
> Savings: 6.4% (total: $1,207)
> Avg. price: $20,892
[in-text-ad]
9. Hyundai Sonata
> Savings: 6.5% (total: $1,198)
> Avg. price: $20,297
8. Hyundai Veloster
> Savings: 7.0% (total: $1,196)
> Avg. price: $18,382
7. Porsche 911
> Savings: 7.2% (total: $10,957)
> Avg. price: $162,493
[in-text-ad-2]
6. Hyundai Elantra
> Savings: 7.2% (total: $1,155)
> Avg. price: $17,806
5. Nissan Sentra
> Savings: 7.3% (total: $1,175)
> Avg. price: $17,835
[in-text-ad]
4. Kia Rio
> Savings: 7.4% (total: $1,081)
> Avg. price: $16,251
3. Mitsubishi Mirage G4
> Savings: 8.3% (total: $1,073)
> Avg. price: $14,207
2. Nissan Versa
> Savings: 8.7% (total: $1,206)
> Avg. price: $15,509
[in-text-ad-2]
1. Hyundai Accent
> Savings: 9.9% (total: $1,336)
> Avg. price: $14,837
15. Buick Enclave
> Avg. MSRP: $47,749
> Pct. over MSRP: 4.0% (total: $1,894)
[in-text-ad]
14. Honda Accord Hybrid
> Avg. MSRP: $33,530
> Pct. over MSRP: 3.9% (total: $1,298)
13. Kia Carnival
> Avg. MSRP: $42,918
> Pct. over MSRP: 3.9% (total: $1,656)
12. Chevrolet Bolt EV
> Avg. MSRP: $33,321
> Pct. over MSRP: 3.9% (total: $1,285)
[in-text-ad-2]
11. Honda Odyssey
> Avg. MSRP: $40,203
> Pct. over MSRP: 3.8% (total: $1,541)
10. INFINITI QX80
> Avg. MSRP: $76,913
> Pct. over MSRP: 3.6% (total: $2,794)
[in-text-ad]
9. Mazda Mazda6
> Avg. MSRP: $29,743
> Pct. over MSRP: 3.6% (total: $1,077)
8. Honda Pilot
> Avg. MSRP: $42,091
> Pct. over MSRP: 3.3% (total: $1,409)
7. Ford EcoSport
> Avg. MSRP: $24,266
> Pct. over MSRP: 3.3% (total: $795)
[in-text-ad-2]
6. Honda Passport
> Avg. MSRP: $40,248
> Pct. over MSRP: 3.2% (total: $1,282)
5. Acura RDX
> Avg. MSRP: $44,302
> Pct. over MSRP: 3.0% (total: $1,348)
[in-text-ad]
4. Acura TLX
> Avg. MSRP: $45,496
> Pct. over MSRP: 3.0% (total: $1,352)
3. Hyundai Kona EV
> Avg. MSRP: $43,217
> Pct. over MSRP: 2.5% (total: $1,100)
2. Acura MDX
> Avg. MSRP: $55,059
> Pct. over MSRP: 2.5% (total: $1,396)
[in-text-ad-2]
1. Jeep Renegade
> Avg. MSRP: $26,735
> Pct. over MSRP: 2.3% (total: $625)
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
