The Best New Car Deals This July
Supply chain disruptions in the auto industry are subsiding, and dealer lots are once again overflowing with new cars. That’s great for car shoppers, because it means that special new car buying incentives have come roaring back. They include generous cash-back and low-interest financing deals.
A financing deal reduces the price you pay for your car loan by lowering the interest rate on your car loan, while a cash-back deal simply lowers the price of a vehicle. The best financing deals are 0% offers, but any special rate below what you’d otherwise qualify for will save you money.
We’ve scoured the new-car marketplace to find the best car deals available this July. Note that not all dealers will have cars in stock that are available with these deals. Some deals are based on where you live or buy, and may require a good credit score to qualify.
Next:2023 RAM 1500
2023 RAM 1500
Purchase Deal: $3,000 cash back
You can get as much as $3,000 cash back this July when you buy a 2023 Ram 1500. The specific amounts vary by the model you choose and where you live. The deals are good until July 31.
The Ram 1500 claims a spot atop our full-size pickup truck ranking. Even though it now sports one of the oldest designs in the class, it still offers excellent performance and unsurpassed ride quality. Ram offers an array of engines for the truck, ranging from a strong V6 gas engine to potent mild-hybrid V8s and an efficient diesel V6. The supercharged V8 Ram 1500 TRX is not included in this deal.
Where the Ram 1500 really shines is its comfortable and well-equipped cabins. The Ram truck offers excellent cargo space, whether you choose the extended (Quad Cab) or crew cab model.
More on the 2023 Ram 1500
Next:2023 Honda Accord
American Honda Motor Co., Inc.
2023 Honda Accord
Purchase Deal: 2.9% financing for 48 months
Honda fully redesigned its midsize sedan for 2023, and you can already get a special financing deal on the stylish new car. They’re offering the 2023 Honda Accord with 3.9% financing for 60 months and 4.9% for 72 months. The deals expire on September 5.
While the new Honda Accord’s starting price is a bit higher than some rivals, it features a nicer cabin than many, with premium materials and ample room in the front row. Its back seat is roomy enough for three kids or a pair of adults. A 7-inch touch-screen infotainment system and a 10.2-inch digital instrument panel come standard.
More on the 2023 Honda Accord
Next:2023 Nissan Titan
Nissan North America, Inc.
2023 Nissan Titan
Purchase Deal: 0% financing for 60 months
Compared to most full-size pickups, the 2023 Nissan Titan has not had sales success. That’s good news for you if you’re in the market for a new truck, though. This month, Nissan is offering five years of no-interest financing on the crew cab models of the Titan SV, Pro4X and Platinum.
Despite its position at the bottom of our full-size pickup ranking, the Titan has many good things going for it, including its powerful 400-horsepower V8. The engine is paired with a nine-speed automatic transmission and rear- or four-wheel drive. While it can’t tow as much as some rivals, its maximum towing capacity of 11,033 pounds, when properly equipped, is more than enough for many travel trailers, boats and cargo trailers.
The Titan deal is good until July 31.
More on the 2023 Nissan Titan
Next:2023 Kia Forte
2023 Kia Forte
Purchase Deal: 2.9% financing for 48 months
The 2023 Kia Forte is inexpensive to buy and affordable to own with its excellent fuel economy and class-leading warranty. Now through September 5, it’s cheaper to finance, with Kia offering four years of 2.9% financing.
In our competitive compact car ranking, the Forte claims a mid-pack spot. It provides a spacious cabin for five and a larger trunk than most rivals. It’s available with an 8-inch touch-screen infotainment that supports wireless Android Auto and Apple CarPlay, or a 10.25-inch setup with wired smartphone connectivity.
The Forte is available with a 147-horsepower four-cylinder engine or a 201-horsepower turbo-four. While the base engine doesn’t offer much enthusiasm, it provides EPA fuel economy estimates as high as 30 mpg in the city and 41 mpg on the highway.
More on the 2023 Kia Forte
Next:2023 Audi Q5
Audi of America, Inc.
2023 Audi Q5
Purchase Deal: 2.99% financing for 60 months
The 2023 Audi Q5 is the most popular model in the German automaker’s lineup. This July, you can get one of your own without breaking the bank on your car loan’s interest rate. Audi is offering five years of financing at about half the national average interest rate.
In our luxury compact SUV ranking, the Q5 claims a spot in the middle of the pack. Though the aging design of its five-seat cabin is a bit bland, it is well-equipped. All Q5s feature leather upholstery, 10.1-inch touch-screen infotainment systems, tri-zone automatic climate control and a 10-speaker audio system. Holding the Q5’s ranking down is a predicted reliability score that’s only fair.
The offer, which expires on July 31, applies to the traditionally styled Q5 and SQ5 crossovers. It does not apply to Q5 or SQ5 Sportback models.
Next:2023 Jeep Grand Cherokee L
2023 Jeep Grand Cherokee L
Purchase Deal: Up to $4,250 cash back
The Jeep Grand Cherokee L is the three-row model in the Grand Cherokee lineup, with seating for six or seven, depending on the middle seat setup you choose. It earns a spot near the top of our midsize SUV ranking.
Grand Cherokee L buyers have a choice of a 293-horsepower V6 with rear- or four-wheel drive or a V8 with four-wheel drive. Both engines are matched with an eight-speed automatic transmission. Properly equipped, a Grand Cherokee L can tow up to 7,200 pounds.
All Grand Cherokee L models support wireless Android Auto and Apple CarPlay.
More on the 2023 Jeep Grand Cherokee L
Next:2023 Hyundai Tucson
Hyundai Motor America
2023 Hyundai Tucson
Purchase Deal: 0.99% financing for 48 months
Hyundai is offering a choice of deals this July on its compact SUV. You can buy a 2023 Hyundai Tucson with either a 48-month 0.99% financing offer or get $1,500 cash back. The offer expires at the end of July.
What makes it so good? The Tucson is an affordable option with a great warranty, confident road manners, a well-appointed and roomy cabin and good fuel economy. It comes with a long list of standard features, including an array of advanced driver assistance and safety technol
More on the 2023 Hyundai Tucson
Next:2023 Mazda CX-9
Mazda North American Operations
2023 Mazda CX-9
Purchase Deal: $3,000 cash back
The 2023 Mazda CX-9 is in its final year in the market, as Mazda’s replacing it with the all-new CX-90. Despite its age, the CX-9 is still a great crossover, earning a spot near the top of our midsize SUV ranking.
In our midsize SUV ranking, the CX-9 earns a spot just below the segment leaders. It comes loaded with standard equipment, including a long list of advanced safety and driver assistance technology. Depending on the model you choose, the CX-9 will seat six or seven in its well-appointed cabin. It features a 10.25-inch infotainment display managed by a center console-mounted dial, rather than a touch screen.
The CX-9 is known for its sporty demeanor and lively turbocharged four-cylinder engine that makes 227 horsepower on regular gas or 250 on premium unleaded. It’s paired with a six-speed automatic transmission and all-wheel drive.
More on the 2023 Mazda CX-9
Next:2023 Hyundai Ioniq 6
Hyundai Motor America
2023 Hyundai Ioniq 6
Purchase Deal: $5,000 cash back
The 2023 Hyundai Ioniq 6 Streamliner sedan is the brand’s newest electric vehicle. This month, you can take advantage of $5,000 cash back when you buy a 2024 Ioniq 6. The Ioniq 6 is the top-scoring vehicle in our electric car ranking.
With a single electric motor powering the rear wheels, the Ioniq 6 Standard Range SE makes 149 horsepower and can travel 240 miles on a single charge. Using a properly equipped DC fast-charging station, the car can charge from 10% to 80% in as little as 18 minutes.
While the sedan’s design compromises trunk space and rear-seat headroom, there’s still room for five adults in the car’s cabin. It features a minimalistic design with a mix of good and not-so-good materials.
The Ioniq 6 does not qualify for the Federal Electric Car tax credit.
More on the 2023 Hyundai Ioniq 6
Next:2023 Chevrolet Trailblazer
2023 Chevrolet Trailblazer
Purchase Deal: 1.9% financing for 36 months
Through the end of July, you can purchase one of Chevy’s smallest crossovers with a small interest rate to match. The 2023 Chevrolet Trailblazer financing deal gives you three years of 1.9% financing.
While the Trailblazer is small on the outside, it’s surprisingly roomy inside, with room for five. Both its front and rear seats have ample head and legroom for adults, though the vehicle’s narrow width makes the back seat better suited to just two adults or three small kids. All Trailblazers include 7- or 8-inch touch-screen infotainment systems with wireless Android Auto and Appl CarPlay support.
Chevrolet offers a choice of three-cylinder engines, including a 137-horsepower turbo-three and a 155-horsepower turbo-three. You’ll get a surprising amount of liveliness out of either engine, but the larger one is better able to handle roads outside the city.
More on the 2023 Chevrolet Trailblazer
Next:2023 Dodge Challenger
2023 Dodge Challenger
Purchase Deal: $2,000 cash back
The 2023 Dodge Challenger might be perched at the bottom of our sports car ranking, but it offers one uncommon thing in the sports car segment: A useful rear seat and trunk. The Challenger’s cabin can seat five, with room for all of their stuff in the trunk.
Depending on where you live and the model you buy, you can get up to $2,000 cash back on a Challenger purchase this July. The deal ends on July 31.
Dodge offers a variety of engine options, starting with a confident 303-horsepower Pentastar V6 and climbing into the land of potent V8s. While you can’t get any cash back on the mighty Challenger Hellcat this month, you can get the rebate on the 375-horsepower, V8-powered Challenger R/T. V6-powered Challengers are available with rear- or all-wheel drive, while V8s are exclusively rear-wheel drive.
More on the 2023 Dodge Challenger
Next:2023 Honda Ridgeline
American Honda Motor Co., Inc.
2023 Honda Ridgeline
Purchase Deal: 0.9% financing for 36 months
Some pickup fans don’t consider the 2023 Honda Ridgeline a proper truck. But for many suburbanites looking for a more useful alternative to an SUV, the Ridgeline offers the perfect blend of capability, size and comfort.
Now through September 5, Honda is offering a trio of special financing deals on its pickup. You can opt for 0.9% financing for up to 36 months, 2.9% for up to 60 months or 3.9% for up to 72 months. Those rates are well below what you’ll currently find at any bank.
The Ridgeline offers several features you won’t find in a typical pickup, including a tailgate that both folds down and swings open like a car door. Its in-bed trunk provides lockable, weatherproof storage.
More on the 2023 Honda Ridgeline
Next:More Shopping Tools From U.S. News & World Report
U.S. News and World Report
More Shopping Tools From U.S. News & World Report
The offers on the previous pages are just a sample of the multitude of new car purchase deals available this month. You’ll find hundreds more on our new car purchase deals page. Our new car lease deals page showcases lease offers with low monthly payments and little due at signing.
The U.S. News Best Price Program is an easy way to connect with the best deals in your area. It connects shoppers who want to buy or lease a new car with local dealers offering significant savings, with pre-negotiated prices, home delivery and online sales options.
At U.S. News, we believe you’re not getting a good deal unless you’re getting a good car. Your car-buying adventure should begin with our new car rankings and reviews, which are designed to answer the questions car shoppers tell us are critical to their buying decisions.
While trading in your current car when you buy a new one is easy, you won’t always get the best value for your trade. The U.S. News Instant Cash Offer program is a better way. When you enter some basic information about your current ride, you’ll receive instant offers from certified local dealers who want to buy it.
Next:Best Car Deals
Best Car Deals
- 2023 RAM 1500: $3,000 cash back
- 2023 Honda Accord: 2.9% financing for 48 months
- 2023 Nissan Titan: 0% financing for 60 months
- 2023 Kia Forte: 2.9% financing for 48 months
- 2023 Audi Q5: 2.99% financing for 60 months
- 2023 Jeep Grand Cherokee L: Up to $4,250 cash back
- 2023 Hyundai Tucson: 0.99% financing for 48 months
- 2023 Mazda CX-9: $3,000 cash back
- 2023 Hyundai Ioniq 6: $5,000 cash back
- 2023 Chevrolet Trailblazer: 1.9% financing for 36 months
- 2023 Dodge Challenger: $2,000 cash back
- 2023 Honda Ridgeline: 0.9% financing for 36 months