Best Black Friday Deals for Used and New Cars

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By Grant Suneson Published
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Best Black Friday Deals for Used and New Cars

© YuriyVlasenko / iStock Editorial via Getty Images

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.

Courtesy of Hyundai Motor America

15. Genesis G80
> Savings: 5.1% (total: $1,650)
> Avg. price: $34,847

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14. Nissan Frontier
> Savings: 5.3% (total: $1,406)
> Avg. price: $28,139

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kia.com

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

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11. Nissan Maxima
> Savings: 5.9% (total: $1,435)
> Avg. price: $26,133

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10. Nissan Altima
> Savings: 6.4% (total: $1,207)
> Avg. price: $20,892

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9. Hyundai Sonata
> Savings: 6.5% (total: $1,198)
> Avg. price: $20,297

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hyundaiusa.com

8. Hyundai Veloster
> Savings: 7.0% (total: $1,196)
> Avg. price: $18,382

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7. Porsche 911
> Savings: 7.2% (total: $10,957)
> Avg. price: $162,493

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6. Hyundai Elantra
> Savings: 7.2% (total: $1,155)
> Avg. price: $17,806

www.nissanusa.com

5. Nissan Sentra
> Savings: 7.3% (total: $1,175)
> Avg. price: $17,835

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www.kia.com

4. Kia Rio
> Savings: 7.4% (total: $1,081)
> Avg. price: $16,251

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nuttapong / Getty Images

3. Mitsubishi Mirage G4
> Savings: 8.3% (total: $1,073)
> Avg. price: $14,207

www.nissanusa.com

2. Nissan Versa
> Savings: 8.7% (total: $1,206)
> Avg. price: $15,509

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1. Hyundai Accent
> Savings: 9.9% (total: $1,336)
> Avg. price: $14,837

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15. Buick Enclave
> Avg. MSRP: $47,749
> Pct. over MSRP: 4.0% (total: $1,894)

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14. Honda Accord Hybrid
> Avg. MSRP: $33,530
> Pct. over MSRP: 3.9% (total: $1,298)

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13. Kia Carnival
> Avg. MSRP: $42,918
> Pct. over MSRP: 3.9% (total: $1,656)

shaunl / iStock Unreleased via Getty Images

12. Chevrolet Bolt EV
> Avg. MSRP: $33,321
> Pct. over MSRP: 3.9% (total: $1,285)

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11. Honda Odyssey
> Avg. MSRP: $40,203
> Pct. over MSRP: 3.8% (total: $1,541)

Roman Vyshnikov / iStock Editorial via Getty Images

10. INFINITI QX80
> Avg. MSRP: $76,913
> Pct. over MSRP: 3.6% (total: $2,794)

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9. Mazda Mazda6
> Avg. MSRP: $29,743
> Pct. over MSRP: 3.6% (total: $1,077)

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YuriyVlasenko / iStock Editorial via Getty Images

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)

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6. Honda Passport
> Avg. MSRP: $40,248
> Pct. over MSRP: 3.2% (total: $1,282)

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5. Acura RDX
> Avg. MSRP: $44,302
> Pct. over MSRP: 3.0% (total: $1,348)

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Neilson Barnard / Getty Images for Acura

4. Acura TLX
> Avg. MSRP: $45,496
> Pct. over MSRP: 3.0% (total: $1,352)

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3. Hyundai Kona EV
> Avg. MSRP: $43,217
> Pct. over MSRP: 2.5% (total: $1,100)

YuriyVlasenko / iStock Editorial via Getty Images

2. Acura MDX
> Avg. MSRP: $55,059
> Pct. over MSRP: 2.5% (total: $1,396)

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1. Jeep Renegade
> Avg. MSRP: $26,735
> Pct. over MSRP: 2.3% (total: $625)

Photo of Grant Suneson
About the Author Grant Suneson →

Grant Suneson is a senior editor at 24/7 Wall St. He was previously a digital content creator at Newsy and a reporter at NPR member station KBIA, where he contributed to their Edward R. Murrow Award-winning coverage. He graduated from the University of Missouri with a degree in journalism.

Grant’s work has been published and referenced in many major outlets such as MSN, USA Today, Yahoo Finance, Detroit Free Press, Milwaukee Journal Sentinel, Austin American-Statesman, The Tennessean, The Cincinnati Enquirer, The Indianapolis Star, The Clarion-Ledger, WSB-TV, Des Moines Register, Asbury Park Press, KMGH-TV, and many others.

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