1 Answers
LightningWhisper
Updated:04/06/2024
The 2024 Hyundai Palisade is anticipated to be a popular SUV choice. Understanding when to find the best deals can enhance your buying experience.
When to Expect the Best Deals
- End of Year Clearance Sales: Late November to December
- Holiday Promotions: Memorial Day, Labor Day, and Independence Day
- Model Year-End Discounts: Mid-2024 as dealerships make room for 2025 models
- Local Dealership Sales Events: Always check for any unexpected sales from local dealers
Factors Influencing Pricing
- Supply Chain Issues: The ongoing semiconductor shortage may affect pricing.
- Market Demand: High demand can lead to reduced discounts.
- Seasonal Trends: SUVs may see different pricing structures based on seasonality.
Best Times of Year for Deals
| Month | Opportunity | Deals Percentage |
|---|---|---|
| January | New Year Discounts | 5-10% |
| July | Mid-Summer Sales | 3-7% |
| September | Labor Day Promotions | 8-12% |
| November | Black Friday Sales | 10-15% |
| December | End of Year Clearance | 15-20% |
Price Trend Analysis
- Initial Pricing: MSRP will be set upon launch in early 2024.
- Depreciation Rates: New cars generally depreciate 20% in the first year.
- Incentives: Manufacturer incentives could further lower costs post-launch.
Mind Map of Buying Considerations
- Financial Planning
- Budgeting
- Loan vs. Lease
- Dealership Research
- Reputation
- Special Offers
- Time Management
- Best Months
- Test Drive Timing
Key Takeaways
- Monitor both local and national sales events.
- Be flexible on timing to take advantage of unexpected discounts.
- Utilize online resources to track pricing trends.
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