Black Friday 2024 offers unprecedented opportunities for electric vehicle (EV) buyers, with significant discounts and attractive financing packages available across several leading brands. Major manufacturers, including Ford, Kia, General Motors, and Tesla, are all participating in the sales event, resulting in a buyer's market for those seeking a new EV. This article highlights five of the most compelling deals currently available.
1. Ford Mustang Mach-E: Ford is offering 0% APR financing for 72 months on the Mustang Mach-E. [See offer details](https://www.ford.com/suvs/mach-e/pricing-and-incentives/). Alternatively, a lease option is available at £364 per month for 36 months, with a £5,553 initial payment. With a high negotiability score (185 days of market supply), buyers have significant leverage in negotiations.
2. Kia EV9: Matching Ford's financing offer, Kia provides 0% APR financing for 72 months on its EV9 model. [See offer details](https://www.kia.com/us/en/offers). A lease option is also available at £379 per month over 36 months, with no upfront payment. The negotiability score for the EV9 is rated as average (50 days of market supply).
3. Toyota bZ4X: Toyota joins the 0% APR financing trend, offering the same 72-month term on its bZ4X. [See offer details](https://www.toyota.com/gst/deals-incentives/bz4x_apr_a84684e6-b9fb-4322-a960-1cc3997a1802/?vehicles=bz4x). However, the lease option requires a higher initial payment of £3,999, alongside monthly payments of £319 over 36 months. This model enjoys an above-average negotiability score (103 days of market supply).
4. Chevrolet Equinox EV: Chevrolet offers a slightly shorter 0% APR financing period of 60 months on the Equinox EV. [See offer details](https://www.chevrolet.com/current-deals). The lease option presents a lower monthly payment of £299 over 24 months but with a £3,169 initial payment. Similar to the Ford Mustang Mach-E, it boasts a very high negotiability score (175 days of market supply).
5. Tesla Model 3: Tesla is also participating in the Black Friday sales, offering 0% APR financing for 60 months on the Model 3. [See offer details](http://tesla.com). Lease terms sit at £349 per month for 36 months, with a £2,999 upfront payment. Specific details on the negotiability score were not provided.
The Market Dynamics Behind the Deals:
The abundance of Black Friday EV deals reflects a shift in the market. Overproduction of 2024 models has left manufacturers with surplus stock, leading to these attractive offers. This is positive news for consumers seeking to take advantage of lower prices and favourable financing options.
Looking Ahead:
While Black Friday offers excellent deals, year-end sales are likely to continue into December. Consumers who don't find their ideal deal this month should expect further discounts and incentives in the coming weeks. Staying informed on market trends and available offers is key to securing the best possible price on a new electric vehicle. This abundance of choice and competitive pricing makes Black Friday 2024 an excellent time for potential EV buyers to explore their options.
