Presidents Day 2023 Car Deals & How To Save on Insurance

LOS ANGELES - Feb. 10, 2023 - PRLog -- Car prices remain high in 2023, mainly due to the shortage of inventory and chips at the end of 2022, but prices are dropping and will continue to drop 5 to 20% according to J.P. Morgan. Inventory is improving and demand has stabilized, mainly due to higher interest rates on loans, over 5% for new cars and over 9% on used ones. According to Autoblog, your best chances of finding good prices is to buy domestic and avoid buying an SUV, which are still expensive.

While you won't get rock-bottom prices across the board on all cars, some manufacturers are offering great deals on Presidents Day, whether you're financing or leasing. What's more, when you buy a car at a lower price, you'll pay less in car insurance. See how it works and where you can find the best deals this President's Day.

If You're Financing or Leasing, You'll Need Full Coverage Car Insurance

Full coverage car insurance isn't a specific type of car insurance policy, but rather a combination of collision and comprehensive on top of state requirements. Most lenders will require that you buy these coverages in case of an accident. If you total your car or it gets stolen, they want to know that they will get their money back.

The Best Financing Deals You'll Find Presidents Day 2023

Manufacturer  Model(s)  Deal   Expiration

Acura (https://smartfinancial.com/vehicles/acura)   Integra, MDX, RDX   3.9% for up to 60 months   February 28, 2023

Audi (https://smartfinancial.com/vehicles/audi)   Most 2022 models   3.99% for up to 60 months   February 28, 2023

Buick (https://smartfinancial.com/vehicles/buick)   Encore, Encore GX, Envision, Enclave   3.9% for limited term plus no payments for 90 days

(for complete list visit https://smartfinancial.com/presidents-day-car-discounts