Memorial Day 2024 Brings Exceptional Car Deals Amid High Inventories

Dealerships offer significant discounts on 2023 models as industry recovers from supply chain issues.

Average discounts on 2023 vehicles have more than doubled compared to last year, reaching over $4,000.
Electric vehicles and models from Stellantis brands like Dodge and Jeep feature some of the deepest discounts.
High inventories are driving dealerships to offer incentives, including zero-percent financing for qualified buyers.
Consumers are advised to research carefully as some 2023 models may lack features introduced in 2024 versions.
Used car prices have dropped significantly, making new cars a more attractive option for many buyers.