Find Great Deals on New Cars and SUVs During the Chip Shortage

If you’ve been in the market for a new car or SUV, you’ve probably noticed that many dealerships have fewer vehicles on their lot. The reason for this is a global shortage of microchips, which are essential components in cars and SUVs. As the shortage continues, prices have been creeping up, with some dealers asking for thousands of dollars over the manufacturer’s suggested retail price (MSRP). However, there are still great deals to be had if you know where to look.

Many manufacturers are offering incentives such as cashback and low-interest financing in order to move vehicles off their lots. In addition, many dealer websites now list the MSRP prominently, so you can easily see if a particular vehicle is being offered at or below sticker price.

You’ve come to the right place to find the best deals on cars and SUVs. We have compiled a list of our top five favorite car and SUV offers for 2022 during the global chip shortage!

Our Top 5 Car and SUV Picks for 2022

If you’re in the market for a new car, you’re in luck. Here are the top 5 car deals for 2022:

Top 5 Car Deals For 2022

1. Toyota Camry: The Camry is getting a complete redesign for 2022. It will offer updated styling, new technology, and improved fuel economy.

2. Honda Accord: The Accord is also due for a complete redesign in 2022. It will offer updated styling, new technology, and improved fuel economy.

3. Ford Fusion: The Fusion is getting a mild refresh for 2022, with updated styling and new tech features. It will continue to offer excellent fuel economy and a comfortable ride.

4. Chevrolet Malibu: The Malibu is getting a significant update for 2022, with a new design, improved tech features, and more. It will be available in both gas and hybrid versions.

5. Jeep Wrangler: The Wrangler is getting a complete redesign for 2022. It will offer updated styling, new technology, and improved off-road capability.

Top 5 SUV Deals For 2022

The top 5 SUV deals for 2022:

1. Toyota RAV4: This popular SUV is getting a complete redesign for 2022. It will be available in both gas and hybrid versions, and it’s packed with features like an updated infotainment system, standard safety features, and more.

2. Honda CR-V: The CR-V is also due for a complete redesign in 2022. It will offer updated styling, new technology, and improved fuel economy.

3. Ford Escape: The Escape is getting a mild refresh for 2022, with updated styling and new tech features. It will continue to offer excellent fuel economy and a comfortable ride.

4. Chevrolet Equinox: The Equinox is getting a significant update for 2022, with a new design, improved tech features, and more. It will be available in both gas and diesel versions.

5. Jeep Grand Cherokee: The Grand Cherokee is getting a complete redesign for 2022. It will offer updated styling, new technology, and improved off-road capability.

Next Up… When Is The Best Time To Buy A New Car or SUV

Chip shortage or no chip shortage – the best time to buy a car is typically when dealerships try to meet sales quotas. And dealerships are always trying to meet sales quotas. This means that the end of each month, and especially the end of each quarter, is usually a good time to buy a car.

Many dealerships offer great deals at these times in order to boost their numbers. And during these times of limited inventory due to the chip shortage, you can still find a lower price on a car by waiting until one of these periods.

The Best Time To Buy A New Car or SUV

Without a doubt, the process of buying any type of car can be daunting. The best way to ensure that you get an excellent deal on your next purchase is by following these tips:

Look For Special Deals

If you’re not hurrying to buy a car, it’s worth waiting for special deals and promotions. Many dealerships offer big discounts on new cars during holidays, with some of the best around Memorial Day and Labor Day holidays. You can also often find great deals on new cars during the summer months, as this is typically a slower period for sales.

Don’t Forget About Incentives:

In addition to promotional offers, many dealerships offer incentives to encourage people to buy cars. These can include things like cashback offers or low-interest financing. If you’re considering buying a car, it’s worth checking for any available incentives before deciding.

Wait Until Spring or Summer

You should also keep in mind that new car models are typically released in the fall, so if you’re looking for the latest and greatest, you may want to wait until then. However, if you’re not concerned with having the newest model, you can usually find better deals on older models.

Other Factors To Consider

Of course, there are other factors to consider when purchasing a car. If you need a car immediately, waiting for the end of the month or later in the year may not be an option. In this case, it’s important to work with a dealer you trust to get the best possible deal.

Find A New Vehicle At A Great Price Right Now

No matter when you decide to buy a car, it’s important to do your research and shop around before making a decision. By following these tips you can ensure that when the time comes to make a purchase decision; not only will you get a better deal but you’ll also make sure there are no hidden surprises waiting!

Even during these trying times with limited supplies caused by the chip shortage, just following the tips above, can ensure that you get the best possible deal on your new car. Search for great deals right now.