It’s that time of the year again: Summer is winding down and car discounts are gearing up. If you are considering a new car purchase, Labor Day weekend is one of the best times to do it. Thanks to Cars.com for digging through all the sales and finding the ten best deals for consumers based on the best remaining cash and loan incentives.
Incentive Definitions
Cash-Back Incentives: These are incentives put in place by the auto manufacturer to bring customers into the stores. You will most often see these as regularly advertised offers.
Dealer Incentives: These incentives are given to the dealer from the factory in order to sell the vehicle. Dealers won’t typically share these deals with the consumer, but if you find out what dealer incentives are offered you can try to lower the sticker price.
Top 10 Labor Day Deals (Number of Vehicles in Parenthesis)
Jeep
Jeep Grand Cherokee (1):
This weekend you can be the owner of a brand new Jeep Grand Cherokee if you take advantage of the $5,500 cash back incentive or 0% APR for up to 6 years and $1,000 cash back. The dealer incentive is $1,500.
Chevrolet (3):
If you are more of the Chevy-type there are three deals you can choose from. The 2010 Chevrolet HHR now comes with $4,000 cash back (up to $5,000 with a dealer incentive) or 0% APR up to 60 months. You can bring home a 2010 Chevrolet Cobalt or Malibu with $3,000 cash back and up to $5,000 in dealer incentives or 0% APR up to 60 months as well. The third offer is the 2010 Chevrolet Impala, on which you can earn $4,000 cash back with up to $5,000 in dealer incentives or 0% APR for up to six years.
Nissan Altima (1):
The 2010 Nissan Altima Hybrid doesn’t have a dealer incentive listed but does come with $4,500 cash back or 0% APR (up to 60 months).
2010 BMW 650i
BMW (2)
For shoppers looking for a luxury vehicle, BMW has two weekend offers. Their first is the 2010 BMW 650i, which currently has a $12,500 dealer incentive and 0.9% APR (up to 72 months). The second is the 2010 BMW 5 Series, which includes the M5 model — currently with a $4,500-$7,000 dealer incentive and 0.9% APR (up to 60 months).
Infiniti (1):
Like the BMW deals, the 2010 Infiniti FX35 and FX50 do not have cash back incentives but it does have $4,000 to $7,000 in dealer incentives and a 0.9% APR (up to 60 months).
Lincoln Navigator (1):
This weekend take the 2010 Lincoln Navigator home with $3,500 cash back and a $6,000 dealer incentive or 0% APR plus $1,000 cash back for 36 months.
Volvo XC70
Volvo XC70 (1):
Last but not least the 2010 Volvo XC70 has a $2,000 to $5,000 dealer incentive and 0% APR for 72 months.
These deals were chosen from cars that had 600 or more 2010 models listed in Cars.com’s national inventory. The incentives used were the maximum available. Check out the dealers website to see if these incentives are running in your area.
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