When is the best time of year to buy a new car and snag the most outstanding deal? Good question. Some people swear October is best. Or the end of the calendar year. Labor Day is usually in the mix as well.
The end of summer marks the transition between the 2011 and 2012 model year for many automakers and models—though certainly not all. Historically, that means the out-going model year sees deep discounts as manufacturers and dealerships are anxious to make way for the new models en route from the factory.
Here are 10 of the hottest deals around for this Labor Day Weekend.
2011 Chevrolet Silverado 1500 – $4,505 to $5,005 customer cash back
The Silverado is the second-best-selling light vehicle in the U.S., and now you can find one at deep discounts, even on the inexpensive base model.
Fuel Efficiency: 14 city/20 highway mpg
2011 Chrysler 200 – $2,000 customer cash back
Powering the Limited is Chrysler’s new 283-horsepower 3.6-litre Pentastar V6, which gives the car the necessary urge to move the 1,800-kilogram hardtop droptop (weighing almost 200 kg more than the sedan) to speed.
Fuel Efficiency: 19 city/30 highway mpg
2011 Toyota Camry LE – 0% financing for 60 months
In most regions, buyers can get the 2011 Toyota Camry with either zero-percent financing for up to 60 months plus $500 bonus cash, or $1,000 cash back. Compared to taking cash back and getting an auto loan at 3.95 percent, the zero-percent financing deal will save you $1,500 over five years.
MSRP (LE): $23,077
Fuel Efficiency: 21 city/31 highway mpg
2011 Acura TSX – Lease at $309/month for 36 months ($2,499 due at signing, 10,000 annual miles)
The TSX is the most attractive model in Acura’s portfolio and a great entry-level luxury sport sedan. This Labor Day weekend lease offers low drive-off costs.
*$2,499 due (includes first month’s payment, AHFC upfront acquisition fee and capitalized cost reduction with no security deposit) plus tax, title, doc, plate w/ super preferred credit through preferred source. 36 mo./10k per year. All incentives to dealer.
Fuel Efficiency: 21 city/29 highway mpg
2011 Dodge RAM 1500 – $2,750 to $4,250 customer cash back
The RAM 1500 may trail the F-150 and Silverado in sales, but if you find its styling appealing you will be rewarded with a capable truck at a great Labor Day deal.
Fuel Efficiency: 14 city/19 highway mpg
2011 Volvo S80 – Est. $5,700 off MSRP
The 2011 Volvo S80 is a sensible alternative to flashier luxury sedans, but its anonymous looks and forgettable driving experience dull the car’s desirability. Well equipped; impressive safety features; comfortable ride and seats; stylish and functional interior layout.
Fuel Efficiency: 19 city/27 highway mpg
2011 BMW 328i – Lease at $299/month for 36 months ($4,824 due at signing, 10,000 annual miles)
Vehicles equipped with: premium and value packages (moonroof, leather, ipod/usb interface), heated steering wheel, heated front seats, bluetooth, automatic transmission & alloy wheels. The 328i offers ample power, true luxury and class-leading driving dynamics.
Fuel Efficiency: 17 city/26 highway mpg
2011 Nissan Altima Hybrid – Est. $4,500 off MSRP
The standard features of the Nissan Altima Hybrid Base include 2.5L I-4 158HP engine, 2-speed Xtronic CVT transmission with overdrive, 4-wheel anti-lock brakes (ABS), side seat mounted airbags, curtain 1st and 2nd row overhead airbags, airbag occupancy sensor, automatic air conditioning, 16″ aluminum wheels, cruise control, ABS and driveline traction control, and a stability control.
Fuel Efficiency: 33 city/33 highway mpg
2011 Jaguar XF – 0% financing for 60 months
0% financing for new 2011 xf models! All xf models included. Enjoy platinum coverage benefits of a best in class 5 year/50,000 miles warranty and cost free scheduled maintenance including wear and tear items.
Fuel Efficiency: 16 city/22 highway mpg