For people who want to do more than just barbeque and booze this Labor Day Weekend, shopping can be a good alternative. Labor Day Weekend has been deemed the “Black Friday" of car sales, driven mainly by rebates, year-end model closeouts and financing offers. Dealers typically take advantage of the long weekend to close out summer sales and make room for the next model year, which officially begins on Oct. 1.
"Although manufacturers are poised to replace these vehicles with new-generation models, they still offer excellent value and performance," said Phillip Reed, a consumer-advice editor, in a statement, USA Today reported. "Shoppers looking for the best possible deal on a new car right now would be smart to consider the savings these vehicles offer before they weigh any other options."
There are many different options with great deals, from hybrids to luxury cars, being offered this year. As fall goes on, discounts are likely to become deeper and dealers will be more open to negotiation, but there will be less inventory to choose from, Reed said, according to MarketWatch.
“This year, what really stands out is that really popular cars are seeing deep discounts,” said Reed, MarketWatch reported. “The selection of cars is definitely better.”
Below are some of the best car deals happening this holiday weekend.
2015 Chevrolet Malibu: Deals include up to $3,600 cash back
2015 Chevrolet Volt: Added discounts of $4,000
2015 Toyota Prius: Added discounts of $3,000 and an additional 0% financing for 60 months for qualified buyers
2015 Honda Civic: Added discounts of $2,000
2015 Honda Accord: $189 per month, $1,999 down offer on the Accord LX Sedan with CVT
2015 Four Taurus SE: Deals include up to $5,750 cash back
2015 BMW 3 Series: $1,500 added discounts
2015 Kia K900: Deals include up to $8,500 cash back
2015 Volkswagen Passat: $500 finance bonus on top of 0% APR for 60 months and $1,000 added discounts
Mazda3: $1,000 cash back
2015 Jaguar XJ: Deals include up to $12,000 cash back
2015 Lexus IS 250: Lease for $329 per month for 36 months with $1,499 due at signing