As summer days begin to wane and the scent of autumn fills the air, another exciting event comes into focus on the horizon: Labor Day. This annual holiday not only marks a well-deserved break for the workforce, but it also signals a golden opportunity for car enthusiasts and deal seekers alike – the Labor Day car sales. If you’re in the market for a new set of wheels, this might just be the perfect time to make your move.
The Labor Day Advantage
Labor Day, the first Monday in September, has become synonymous with significant retail sales, and the automotive industry is no exception. Dealerships across the nation recognize the holiday as a prime occasion to offer enticing deals, promotions, and incentives to entice potential buyers. But why is Labor Day such a car-buying sweet spot?
September often marks the transition from one model year to the next. Car manufacturers will be releasing their 2024 models around this time, which can lead dealerships to clear out their inventory of the 2023 models. This situation creates a perfect opportunity for buyers looking to snag a brand-new vehicle at a fraction of the original price, whether you are looking for an F-150 or a brand-new RAV4.
Labor Day weekend provides potential buyers with ample time to visit multiple dealerships, compare prices, and test-drive various models. This leisurely approach can empower buyers to make well-informed decisions without feeling rushed.
Strategies for Success
- Do Your Homework: Before heading out to dealerships, research the models you’re interested in and their market value. Having this information at your fingertips gives you the upper hand during negotiations.
- Set a Budget: Establish a clear budget and stick to it. Remember to account for taxes, fees, insurance, and potential add-ons when determining your budget.
- Take Advantage of Incentives: Labor Day deals often include special financing rates, cashback offers, and lease specials. Make sure you understand the terms of these incentives and how they fit into your overall financial picture.
- Negotiate Confidently: Dealerships are motivated to make sales during the Labor Day weekend, so don’t be afraid to negotiate. Be polite but firm, and don’t settle for a deal that doesn’t align with your budget and requirements.
2023 Labor Day Deals
Here are some Labor Day deal highlights for your consideration. These are just some of the great deals you’ll be able to find this Labor Day weekend:
2023 Honda Civic
(Image via Honda)
This Labor Day, you have the opportunity to lease a Honda Civic LX sedan for a monthly payment of $269 for 36 months, with just $3,599 due at signing. This offer remains valid until September 5th. As one of the most popular compact cars on the market, it’s a solid choice for drivers looking for the perfect commuter.
2023 Ram 1500
(Image via Dodge)
Drivers can finance a 2023 Ram 1500 at the lowest APR of the year. Qualifying drivers can get a 72-month finance deal at a 2.9% APR. Additionally, you can get up to $4,000 cashback. Like the Civic deal mentioned above, this deal also ends on September 5th. The full-size pickup is the second-most popular model on the market, so you may need to act fast.
2023 Kia EV6
(Image via Kia)
If you are ready to make the switch to electric, the Kia EV6 is a terrific choice. However, because the 2023 Kia EV6 electric crossover is manufactured outside the United States, it doesn’t qualify for the Federal Electric Car Tax Credit. To offset this, Kia is presenting a $5,000 cash rebate for EV6 purchases this Labor Day. This special offer concludes on September 5th.
With new models hitting the showroom floors and dealerships keen to clear out existing inventory, the holiday weekend offers a chance to find your dream car at a dream price. Check out what Labor day car sales are available at your local dealership!