Â
The prices of cars fluctuate throughout the year. If you are looking for a big discount, you need to wait until the next holiday sales event. Here is the information on the best holiday car sales events.Â
Presidents Day Car SalesÂ
This three-day weekend is a significant opportunity to get a good discount on the car. After the New Year's Eve, many car dealerships experience a slump in sales in January. Presidents Day is the first big holiday car sales event of the year. Car dealerships offer a bigger discount on last year's models. While the incentives offered during Presidents day car sales may not be bigger than Christmas or New Year's Eve car sales, you can still expect to get a discount of about $3,000 during this first car sales event of the year.Â
Memorial Day Car Sales
Memorial Day comes on the last Monday in May. It is a Federal holiday and the second extended weekend holiday of the year and is also a great time to buy a car. You can get good car deals during Memorial Day. Car dealerships offer good deals on older inventory as car manufacturers announce new models during the fall season.Â
4th of July Car Sales
As the nation celebrates Independence Day, car dealerships also commemorate the occasion by offering big discounts on cars and get the stock moving. During 4th of July sales, many buyers get more than 15 percent off the MSRP.Â
Labor Day Car Sales
Labor Day taps into two bargain situations for price-conscious buyers. First, it is a three-day holiday weekend, and car dealerships have an extra day to entice buyers. The Labor Day and the period after it is the end of month sales opportunity for car dealerships. Second, Labor Day also marks the unveiling of new models for the coming year. Hence car dealerships are eager to reduce older inventory.Â
Black Friday Car Sales
Car dealerships are known to announce Black Friday car sales offer before Thanksgiving Day. Black Friday is celebrated as a shopping day world over. In the US, you can see every online and offline retailer offering exciting discounts to push sales during this period. For many people, Thanksgiving Day shopping is an unofficial start of Christmas shopping.Â
Car dealerships also announce heavy discounts and other financial sops on cars to make the deal irresistible and cash on a buying frenzy in customers. 0 percent financing, lower down payments and free add-ons are some of the free incentives offered during Black Friday Car sales.Â
Buying a car at a holiday sales event has many benefits. During sales events, salespeople are more receptive to your discount demands, and you can save thousands of dollars by timing your car purchase during these sales events.Â