Best New-Car Deals for July 4th
These prices on cars and SUVs recommended by CR are worthy of fireworks. You'll find the price breaks now through the holiday.
2022 Ford Edge
By Jeff S. Bartlett
with Todd Young
Car dealerships are celebrating Independence Day with discounted prices on select new cars now through the holiday weekend. This year the fireworks might not be as bright as in years past, with the auto industry facing chip shortages, inflation hitting material costs, and reduced inventory. But Consumer Reports’ analysis shows there are still some deals available on good cars and SUVs if you know where to look.
To find the best car deals for July Fourth, Consumer Reports’ analysts studied national incentives to find models worth consideration. To make sure the featured SUVs represent smart buys, we concentrated on models with a strong Overall Score, factoring in road-test performance, owner satisfaction, reliability, and safety. (Learn more about CR’s car ratings.)
All models featured below have nationwide incentives that are good until July 5, 2022. The vehicles are listed in order of percentage of potential savings off the sticker price, from 9 percent to 5 percent. Similar discounts can be found on other versions in addition to the specific trim and configuration that we spotlight.
Many models are staples for these lists, such as the Cadillac XT5, Chevrolet Equinox, and Dodge Charger. It is surprising to see the Toyota Prius Prime carry incentives, given gas today’s prices. Beware that inventory is very low nationwide on that plug-in hybrid. But if you do find one, it looks like you can get a good price.
There may be regional deals that outshine these national offerings. They can be found through CR’s Build & Buy Car Buying Service, a program that allows shoppers to configure the car they want, compare local transaction prices, and have participating dealers provide their best offer, which should include any of the multiple incentives now being offered.
Detailed pricing information and complete ratings are available for all current vehicles on their respective model pages, linked to below.
See all current Best New-Car Deals or use our dynamic ratings chart to create your own list of vehicles by sorting and filtering by the factors that matter most to you.
CR's Build & Buy Car Buying Service
In addition to research and reviews, Consumer Reports offers members access to the Build & Buy Car Buying Service at no additional cost. Through this service, members can compare in-stock vehicles, see what others paid for the car they want, and customize their payments online. Once they find the vehicle they’re interested in, members can get up-front price offers online from local certified dealers. On top of national incentives, Consumer Reports members are eligible for additional incentive offers from select manufacturers through the Build & Buy Car Buying Service. Plus, members can get an instant trade-in value for their current vehicle to use toward their next car purchase.
Chevrolet Equinox: 9% Off
2022 Chevrolet Equinox
2022 Chevrolet Equinox LT With 1LT AWD
MSRP: $28,750
Potential savings off MSRP: $2,572
Bottom line price: $26,178
Chevrolet Blazer: 8% Off
2022 Chevrolet Blazer
2022 Chevrolet Blazer 2LT AWD
MSRP: $36,100
Potential savings off MSRP: $2,911
Bottom line price: $33,189
Ram 1500: 8% Off
2022 Ram 1500
2022 Ram 1500 Big Horn Crew Cab 5’7" Box 4WD
MSRP: $47,055
Potential savings off MSRP: $3,744
Bottom line price: $43,311
GMC Acadia: 7% Off
2022 GMC Acadia
2022 GMC Acadia Denali AWD
MSRP: $48,600
Potential savings off MSRP: $3,236
Bottom line price: $45,364
Chevrolet Traverse: 7% Off
2022 Chevrolet Traverse
2022 Chevrolet Traverse Premier AWD
MSRP: $49,200
Potential savings off MSRP: $3,263
Bottom line price: $45,937
Ford Edge: 7% Off
2022 Ford Edge
2022 Ford Edge SEL AWD
MSRP: $38,945
Potential savings off MSRP: $2,558
Bottom line price: $36,387
Chrysler 300: 6% Off
2022 Chrysler 300
2022 Chrysler 300 Touring RWD
MSRP: $33,545
Potential savings off MSRP: $2,153
Bottom line price: $31,392
Cadillac XT5: 6% Off
2022 Cadillac XT5
2022 Cadillac XT5 Luxury AWD
MSRP: $45,995
Potential savings off MSRP: $2,800
Bottom line price: $43,195
Toyota Prius Prime: 5% Off
2022 Toyota Prius Prime
2022 Toyota Prius Prime Limited
MSRP: $34,450
Potential savings off MSRP: $1,878
Bottom line price: $32,572
Dodge Charger: 5% Off
2022 Dodge Charger
2022 Dodge Charger SXT RWD
MSRP: $32,500
Potential savings off MSRP: $1,590
Bottom line price: $30,910
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Consumer Reports is an independent, nonprofit organization that works side by side with consumers to create a fairer, safer, and healthier world. CR does not endorse products or services, and does not accept advertising. Copyright © 2022, Consumer Reports, Inc.
