As summer draws to a close, many people start looking forward to Labor Day weekend—a time to relax, enjoy a barbecue, and maybe even sneak in one last summer trip. But for savvy shoppers, Labor Day weekend is also an opportune time to make a major purchase, like a new car. Why? Because car dealerships often roll out some of their best deals of the year during this holiday weekend. In this blog, we’ll explore why Labor Day weekend is one of the best times to buy a new car and how you can take advantage of the deals on offer.
1. End-of-Model-Year Clearance Sales
One of the primary reasons Labor Day weekend is a great time to buy a new car is because it coincides with the end-of-model-year clearance sales. Dealerships are eager to make room for the incoming new models, which typically start arriving in the fall. This urgency to clear out inventory means you can find significant discounts on current-year models. These clearance sales can save you thousands of dollars, especially if you’re flexible on things like color and features.
2. Increased Dealer Incentives
Labor Day weekend is a prime time for dealerships to offer additional incentives to boost sales. These incentives might include cash rebates, low or zero percent financing, or attractive lease terms. Dealers are often under pressure to meet quarterly sales targets, which can lead to even more aggressive pricing. By doing your research and comparing offers, you can find a deal that works well with your budget.
3. More Negotiation Leverage
With the combination of end-of-year models and increased incentives, Labor Day weekend gives buyers more leverage in negotiations. Dealerships are motivated to sell as many cars as possible before the end of the weekend, which can work in your favor. Whether you’re looking to buy outright or lease, this is an excellent time to negotiate for additional perks like free maintenance packages, extended warranties, or upgrades at little to no extra cost.
4. Greater Selection of Models and Trims
Because dealerships are looking to clear out inventory, you’ll find a broader selection of models and trims available during Labor Day weekend. This is particularly beneficial if you’re in the market for a specific type of vehicle, such as an SUV or a hybrid. While some may think clearance events only include less popular models, in reality, dealerships are often willing to discount a wide range of vehicles, including those with premium features.
5. Last Chance for Summer Promotions
Many manufacturers run summer-long promotions that end around Labor Day. If you’ve been eyeing a particular vehicle that’s been part of a summer promotion, this weekend is often your last chance to take advantage of those offers. Pairing these promotions with dealership discounts can result in significant savings.
6. Timing is Everything
Labor Day weekend marks the unofficial end of summer, and many people aren’t thinking about buying a car during this time. This lack of demand can work to your advantage as dealerships may be more willing to cut deals to move inventory. The timing also means that any trade-in you’re considering might still have a higher resale value before it depreciates further.
Conclusion
If you’ve been considering purchasing a new car, Labor Day weekend is one of the best times to make your move. With end-of-year clearance sales, additional dealer incentives, and a motivated sales force, you’re likely to find a deal that fits your needs and budget. Start by researching models and pricing ahead of time, then visit your local dealerships prepared to negotiate. By taking advantage of the unique opportunities this weekend offers, you could drive away in the car of your dreams at a price you’ll love.
Ready to find your perfect Labor Day weekend deal? Visit Homer Skelton Ford of Millington today to browse our extensive inventory and take advantage of our exclusive holiday offers. Don’t miss out—these deals won’t last long!
David Freeman
(901) 508-3773
Homer Skelton Ford of Millington
