It’s been a tough year to buy a car, but there are some deals to be had right now.
U.S. News & World Report recently compiled a list of special pricing offers. They’re good through at least Sept. 7, 2021, according to the publication’s website.
Do You Need a Vehicle? Here Are Some Bargains
Not every dealership is making these offers, so you should contact your local dealer to find out what it has available.
Let’s take a look at the deals. Note that I’ve also included rankings for the cars based on U.S. News’ most recent Best Cars list.
Here Are the Best Labor Day Car Deals
| Vehicle | U.S. News Vehicle Score (out of 10) | Deal |
|---|---|---|
| 2021 Hyundai Sonata | 8.1 | 0% financing for 60 months and no payments for 90 days |
| 2021 Honda HR-V | 7.7 | 0% financing for up to 48 months |
| 2021 Toyota Avalon | 8.3 | $2,000 cash back |
| 2021 Nissan Murano | 7.8 | 0% financing for 60 months plus up to $4,000 bonus cash |
| 2021 Lexus LC 500 | 8.7 | 0.9% financing for up to 60 months |
See the complete list of Labor Day car deals here.
Although prices for both new and used vehicles have been inflated in recent months, money expert Clark Howard says, “The ugly market will fade, and supply and demand will come back into balance.”
There is some indication already that the new car market is starting to improve.
No matter when you’re in the market for a new vehicle, there are some strategies that will help you get what you want for the price you can afford.
Here are Team Clark’s tips:
Don’t Go Over Your Budget
Given the fragile state of the economy, this is not the time to overextend yourself for a new car. If you can’t afford a new vehicle, you might consider a used car which would typically be cheaper.
Rent Before You Buy
Clark says a crucial step in the buying process is to spend a good deal of time trying out the vehicle you want to purchase. This will give you a feel for how it handles and other creature comforts.
“The best way to test drive a car is to rent it for a day or two,” Clark says. “That’s the ultimate test drive.”
Some dealerships now offer overnight test drives. It doesn’t hurt to ask.
Make Sure You Get the Full Price in Writing
Clark says dealers usually try to entice would-be customers by advertising car prices without all the fees included.
“Know that you should check first to see what that new vehicle will actually cost you before you proceed with buying one,” he says.
That means it’s up to you to ask for an itemized list of all the fees attached to the bill.
Want some help with the process? Here are the best car-buying services out there.
