Best October Car Deals: Save Big on New Models

October Car Deals Overview

As October unfolds, the automotive market is buzzing with enticing deals and incentives. With the ongoing strike at GM, many are wondering if the automaker’s U.S. brands—Buick, Cadillac, Chevrolet, and GMC—will face a shortage of vehicles. However, despite these challenges, there are still plenty of attractive offers available for savvy shoppers. Whether you're looking for cash discounts, low-interest financing, or special incentives, October presents a unique opportunity to save on new cars.

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Chevrolet Malibu: A Standout Deal

The Chevrolet Malibu is one of the standout deals this October. With an average of 126 days on dealer lots, the 2019 Malibu is ripe for discounts. Chevrolet is offering up to $3,250 off on most trims, excluding the base Malibu L. Additionally, those who finance through GM Financial can save an extra $750. For the 2020 model, the discounts are smaller but still significant, with $1,250 off available through Halloween.

• Discount: Up to $3,250 on 2019 models
• Financing: 0% APR for 72 months + $500 bonus
• Hybrid Deals: Limited availability, less than 1% of inventory
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Ford Fiesta: End-of-Line Savings

The Ford Fiesta, a model on its way out, is seeing deep discounts as dealers clear out 2019 inventory. With over 4,500 units still available, Ford is offering cash discounts ranging from $2,500 to $3,000, depending on the region. Some deals extend through January 2020, making it a great time to snag a bargain. Shoppers can also opt for zero percent financing for 60 months or 3.9% for 84 months.

• Discount: $2,500 to $3,000 on 2019 models
• Financing: 0% APR for 60 months or 3.9% for 84 months
• Expiration: Varies by region, some through Jan. 2, 2020
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Kia Optima: Generous Discounts Across Trims

The Kia Optima is another model with substantial October discounts. The 2019 Optima is available with up to $4,000 off higher trims, while the 2020 model offers $2,000 to $2,500 off. Qualified buyers can also take advantage of zero percent financing for up to 75 months on 2019 models or 60 months on 2020 models. Hybrid and plug-in hybrid variants are also discounted, though inventory is limited.

• Discount: Up to $4,000 on 2019 models
• Financing: 0% APR for up to 75 months
• Hybrid Deals: $2,000 off 2020 models
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Kia Sorento: Mid-Size SUV Savings

The Kia Sorento, refreshed for 2019, is offering discounts ranging from $3,000 to $5,000 depending on the trim. With the 2020 model yet to arrive, there’s ample inventory of the 2019 Sorento. Shoppers can also opt for zero percent financing for up to 75 months, making it an attractive option for those in the market for a mid-size SUV.

• Discount: $3,000 to $5,000 on 2019 models
• Financing: 0% APR for up to 75 months
• Expiration: Oct. 31, 2023
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Returning Favorites: Deep Discounts Continue

Several models from previous months continue to offer deep discounts in October. These include the Buick Encore, Chevrolet Trax, Ford EcoSport, Ford Escape, Ford F-150, and Jeep Renegade. These vehicles remain popular choices for buyers seeking value and reliability.

• Buick Encore: Up to $4,000 off
• Chevrolet Trax: Up to $3,500 off
• Ford F-150: 0% APR for 72 months
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How We Identify the Best Deals

At MotorVero, we use a data-driven approach to identify the best car deals. We analyze days-to-turn data, which measures how long it takes dealers to sell a specific model. Slow-selling vehicles often come with higher discounts. We also review factory cash discounts and low-interest financing offers, ensuring that our recommendations provide maximum savings.

Our data is sourced from automakers’ websites and MotorVero’s inventory. While our numbers are current as of publication, incentives may vary by region and trim level. We recommend checking with your local dealer for the most accurate and up-to-date information.

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Tips for Maximizing Your Savings

To get the most out of October car deals, consider the following tips:

• Compare Offers: Check multiple dealers to find the best price.
• Negotiate: Don’t hesitate to negotiate for additional discounts or perks.
• Timing: Visit dealerships at the end of the month when sales targets are due.
• Financing: Explore both cash discounts and low-interest financing to see which option saves you more.

Conclusion

October is a great time to buy a new car, with many automakers offering significant discounts and financing deals. Whether you’re interested in the Chevrolet Malibu, Ford Fiesta, Kia Optima, or another model, there are plenty of opportunities to save. Visit MotorVero to explore the latest deals and find the perfect car for your needs.