Labor Day Weekend New Car Bargains: Sales Special Season Kicks Off As Auto Companies Clear 2013-Model Inventories

on August 30 2013 5:56 AM
  • 2013 Ford Taurus SEL
    In late summer, automakers tend to start pushing to clear out their current-model-year inventories ahead of the start of the next model year in the fall. Vehicle photo from Ford
  • 2013 Ford Focus Sedan
    U.S. automakers tend to spend more on incentives, and Labor Day weekend is a good time to start looking around for deals on models from the previous year. Vehicle image from Ford
  • 2013 Ford Mustang
    The Detroit 3 traditionally spend more on incentives than foreign automakers. Vehicle photo from Ford
  • 2013 Volkswagen Passat
    Volkswagen is offering 0% APR financing on its 2013 Passat. The automaker has been struggling with sales in the U.S. in 2013 following a strong 2012 as competitors, especially Ford, have rolled out some enticing alternatives in recent months. Vehicle photo from Volkswagen
  • 2013 Chevrolet Malibu
    Labor Day weekend special sales on lease, cash back and low-cost financing run through Tuesday. Vehicle photo from GM
  • 2013 Lexus CT
    Toyota is offering a deal on its base model CT hybrid. It gets a combined EPA estimated 42 miles per gallon. Vehicle photo from Toyota
  • 2013 Cadillac ATS
    The new 2013 Cadillac ATS won accolades earlier this year. GM is trying to push the Cadillac brand as a global competitor to European luxury sedans. Vehicle photo from GM
  • 2013 Volkswagen CC R line
    The 2013 Volkswagen CC has a 200-horsepower 2.0-liter turbo four-cylinder engine. Vehicle image from Volkswagen
  • 2013 Honda Odyssey
    The 2014 Honda Odyssey became the first minivan to earn a top overall safety rating from the Insurance Institute for Highway Safety. Vehicle image from Honda
  • 2013 Infiniti G37
    The 2013 Infiniti coupe has earned high user ratings. Vehicle image from Nissan
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For many Americans, this three-day holiday weekend is the last chance to soak up some late summer sun. For car shoppers, it’s also a good time to head out to the local showroom to kick some tires and inhale some sensual new-car smells.

“With dealers now adding a variety of 2014 model-year vehicles to their inventories, Labor Day weekend should provide a great opportunity for new-car shoppers to snag a hot deal, especially on the remaining new 2013 models,” Jack R. Nerad, executive editorial director and market analyst for Kelley Blue Book’s KBB.com, said.  “This weekend new-car shoppers can find many lease, cash back and subsidized financing deals.”

Ahead of the holiday, the auto pricing and information site released its picks on sale and lease specials for mid-priced passenger vehicles. Out of 11 models, six are made by the Detroit 3, three are Japanese and two are European. KBB calculated a "fair purchase price" that is updated weekly and reflects what customers are actually paying for these models, which is lower than the manufacturer's suggested retail price, in some cases by thousands of dollars.

This month is also seeing some good deals on 2013 minivans and SUVs, according to TrueCar.com. The 2013 Nissan Quest SV minivan, for example is averaging nearly $5,000 under the recommended retail price as Nissan has been pumping up its incentive spending in recent months. A Ford Expedition XLT two-wheel drive is selling at over $6,000 of the recommended price, putting it in the mid $30,000s.

Here’s a list of TrueCar.com’s best deals for the month:

TrueCar Lease Finance Deals  TrueCar.com

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