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The Best Labor Day 2016 Car Deals

September 1, 2016

This Monday is Labor Day, which marks the unofficial end of summer. And for those looking to buy a new car, this weekend is historically one of the best times to do so. That's because car dealerships are frantically working to move this year's vehicles off their lots and make room for more inventory of next year's models.

Just as every year around this time, there are lots of great deals to be had if you know where to look, and lucky for you, I have you covered.

Using TrueCar's database of average selling prices, I compiled a list of the top 30 vehicles with the largest discounts off MSRP right now (this includes all incentives, rebates, and hidden dealer incentives).

Take a look at the list below and see if any models you're interested in are on it. If so, this is a great time to move ahead with the purchase. And as always, make sure to use TrueCar No Haggle and Edmunds Price Promise to see the best prices in your area.

Top 30 Labor Day Discounts

RankVehicleMSRPAvg Sale PriceDiscountSavings %
12016 FIAT 500L$23,600.00$18,420.00$5,180.0021.95%
22016 Ford Fusion Energi$37,200.00$29,118.00$8,083.0021.73%
32016 Hyundai Veloster$22,727.00$17,881.00$4,847.0021.32%
42016 Nissan Altima$26,684.00$21,065.00$5,620.0021.06%
52016 FIAT 500$20,246.00$16,059.00$4,186.0020.68%
62016 Ford C-Max Energi$33,596.00$26,862.00$6,734.0020.05%
72016 Dodge Journey$26,966.00$21,645.00$5,321.0019.73%
82016 Hyundai Elantra$20,168.00$16,209.00$3,959.0019.63%
92016 Jeep Patriot$23,633.00$19,013.00$4,620.0019.55%
102016 Hyundai Accent$16,945.00$13,695.00$3,250.0019.18%
112016 Jeep Compass$25,454.00$20,590.00$4,864.0019.11%
122016 FIAT 500c$21,887.00$17,863.00$4,024.0018.38%
132016 Volkswagen Jetta Sedan$22,690.00$18,548.00$4,142.0018.25%
142016 Kia Forte$19,058.00$15,604.00$3,453.0018.12%
152016 Kia Optima Hybrid$29,272.00$23,982.00$5,289.0018.07%
162016 Mercedes-Benz Metris Cargo Van$31,215.00$25,602.00$5,613.0017.98%
172016 Hyundai Sonata$26,261.00$21,556.00$4,705.0017.92%
182016 Hyundai Elantra GT$22,039.00$18,156.00$3,884.0017.62%
192016 Kia Forte 5-Door$21,004.00$17,308.00$3,696.0017.60%
202016 Hyundai Sonata Hybrid$30,477.00$25,112.00$5,365.0017.60%
212016 Volkswagen Passat$27,971.00$23,161.00$4,811.0017.20%
222016 Ford Fusion$28,545.00$23,699.00$4,847.0016.98%
232016 Cadillac SRX$46,393.00$38,574.00$7,819.0016.85%
242016 Ford C-Max Hybrid$27,465.00$22,912.00$4,553.0016.58%
252016 Dodge Grand Caravan$29,514.00$24,655.00$4,859.0016.46%
262016 Chrysler Town & Country$35,173.00$29,404.00$5,769.0016.40%
272016 Kia Rio$16,613.00$13,892.00$2,722.0016.38%
282016 Nissan LEAF$34,573.00$28,955.00$5,618.0016.25%
292016 Jeep Cherokee$31,039.00$26,068.00$4,971.0016.02%
302016 Volvo S80$47,825.00$40,230.00$7,594.0015.88%

My Recommendation for Car Shoppers

TrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

California Residents - Important:

There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

- Gregg Fidan

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Gregg Fidan

About: Gregg Fidan

Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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