While some Americans will celebrate Presidents' Day 2013 by enjoying a much deserved day off from work, most observers will take advantage of the abundance of holiday sales at retail clothing stores and car dealerships.
The federal holiday has over the years acquired a reputation for playing host to better discounts than consumers would find during other holidays.
Charlie Graham, founder and CEO of personalized apparel and accessories shopping site Shop It To Me, told ABC News that past Presidents' Day online sales have higher average discounts than both Black Friday and Cyber Monday.
"In the case of Presidents' Day, you have a smaller percentage of items on sale, but those items on sale have a much higher discount," Graham said.
Graham goes on to chalk the sales up to businesses wanting to clear out their winter inventory in an effort to make room for incoming spring items.
"It's a good opportunity to grab some good deals for the end of season and next year," he added.
Check below for a list of some of the best Presidents' Day Sales you will find on the market today.
2013 GMC Sierra – Several bonus offers available, including $3,000 customer cash and $2,000 conquest offer; also 0% financing for up to 60 months.
2013 Hyundai Sonata - $1,000 lender bonus offer and $500 customer loyalty offer; also leasing available for $0 down and $245/month.
2013 Kia Optima Hybrid - $2,000 customer cash offer or 0% financing up to 60 months.
2013 Volkswagen Passat – 0% financing for as many as 66 months, or $1,750 lease bonus cash
Ann Taylor – Ann Taylor is offering a 30 percent discount on select full-price items online with the code SHOPCHIC.
Banana Republic – Banana Republic offers free shipping for online orders over $50 and free returns by mail or in-store.
Best Buy – While Best Buy’s Presidents' Day Sale started on Friday, it will continue through Monday, offering 10 percent to 25 percent off major appliances. Examples include a Toshiba Satellite 15.6-inch laptop with 4GB memory and 500GB hard drive for $349.99 with free shipping.
The company is also advertising an Insignia 55-inch Class LCD 1080p 120Hz HDTV for $579.99, for a savings of $220 plus free delivery.
Bloomingdale's – Bloomindale’s is hosting a "Big Brown Bag Sale" through Monday for 20 percent to 40 percent off. The company also regularly offers free returns for online orders.
Gap - Gap is offering up to 40 percent off select styles in-store and 30 percent off your purchase online.
Macy’s – With some of the best Presidents' Day deals on the market, Macy’s is offering a number of sales, including 30 percent to 50 percent off sterling silver, 14k gold, cultured pearls, diamonds and precious stones; buy two bras and get one free from Calvin Klein, Warners, Bali and more; 60 percent off designer outerwear for him from Perry Ellis, Kenneth Cole, Calvin Klein and more; and 50 percent to 75 percent off clearance shoes and boots, among other items.
Old Navy - Old Navy is offering in-stores and online 15 percent off your purchase or 20 percent off with your Old Navy, Gap or Banana credit card. The company is also hosting a "Kidtacular" kid, baby and maternity sale through Wednesday with up to 40 percent discounts.
Sears – With one of the longest running sales, Sears customers can get 10 percent to 25 percent off online orders with promo codes like EXTRAPOINTS (for members) and ABELINCOLN. Through Wednesday, the company is also offering $35 off orders of $300 and more with the code SNOW35; and $20 off orders of $200 and more with the code Feb. 20.
Toys “R” Us - Toys "R" Us is offering 40 deals on toys, such as buy-one-get-one-40-percent-off on all video games priced up to $19.99; and buy-one-get-one-50-percent-off on all Play-Doh.
Wal-Mart – Known for its amazingly low prices, Wal-Mart is offering Presidents' Day online specials including a Vizio 60-inch Class LED 1080 p 120Hz Smart HDTV for $998, normally $1,299.99.