With auto loan interest rates at the lowest they’ve been for years and dealerships scrambling to clear out 2014 inventory in time for next year’s models, the upcoming Labor Day weekend is the ideal time to buy a newcar.
To help consumers find the best money-saving Labor Day car deals, GOBankingRates partnered with Autobytel to compile a list of the top sales and promotions available on 2014 crossovers and SUVs, luxury vehicles, sedans, sports cars, andtrucks.
“Labor Day is a great opportunity to knock money off the MSRP of your new vehicle, but what a lot of buyers haven’t considered are the costs they’ll pay in interest on their auto loans. This weekend is offering buyers the chance to lock in financing at 0% interest – meaning people who wouldn’t otherwise be able to purchase a car can take out a loan at no cost,” said Christina Lavingia, an editor forGOBankingRates.
By combing through hundreds of incentives and rebate descriptions from major manufacturers like Nissan, Hyundai, Audi, Ford and more, GOBankingRates and Autobytel identified the 11 best Labor Day auto promotions, including up to $6,000 cash back and 0% APR for up to 72months.
- 2014 Audi A6
- 2014 Ford Mustang
- 2014 Hyundai Sonata
- 2014 Nissan Maxima
“If you’re in the market for a new car, now is a good time to buy, with solid savings on large SUVs to subcompacts and everything in between,” said Michelle Naranjo, editor in chief atAutobytel.com.