The Best Labor Day 2016 Car Deals
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
| Rank | Vehicle | MSRP | Avg Sale Price | Discount | Savings % |
|---|---|---|---|---|---|
| 1 | 2016 FIAT 500L | $23,600.00 | $18,420.00 | $5,180.00 | 21.95% |
| 2 | 2016 Ford Fusion Energi | $37,200.00 | $29,118.00 | $8,083.00 | 21.73% |
| 3 | 2016 Hyundai Veloster | $22,727.00 | $17,881.00 | $4,847.00 | 21.32% |
| 4 | 2016 Nissan Altima | $26,684.00 | $21,065.00 | $5,620.00 | 21.06% |
| 5 | 2016 FIAT 500 | $20,246.00 | $16,059.00 | $4,186.00 | 20.68% |
| 6 | 2016 Ford C-Max Energi | $33,596.00 | $26,862.00 | $6,734.00 | 20.05% |
| 7 | 2016 Dodge Journey | $26,966.00 | $21,645.00 | $5,321.00 | 19.73% |
| 8 | 2016 Hyundai Elantra | $20,168.00 | $16,209.00 | $3,959.00 | 19.63% |
| 9 | 2016 Jeep Patriot | $23,633.00 | $19,013.00 | $4,620.00 | 19.55% |
| 10 | 2016 Hyundai Accent | $16,945.00 | $13,695.00 | $3,250.00 | 19.18% |
| 11 | 2016 Jeep Compass | $25,454.00 | $20,590.00 | $4,864.00 | 19.11% |
| 12 | 2016 FIAT 500c | $21,887.00 | $17,863.00 | $4,024.00 | 18.38% |
| 13 | 2016 Volkswagen Jetta Sedan | $22,690.00 | $18,548.00 | $4,142.00 | 18.25% |
| 14 | 2016 Kia Forte | $19,058.00 | $15,604.00 | $3,453.00 | 18.12% |
| 15 | 2016 Kia Optima Hybrid | $29,272.00 | $23,982.00 | $5,289.00 | 18.07% |
| 16 | 2016 Mercedes-Benz Metris Cargo Van | $31,215.00 | $25,602.00 | $5,613.00 | 17.98% |
| 17 | 2016 Hyundai Sonata | $26,261.00 | $21,556.00 | $4,705.00 | 17.92% |
| 18 | 2016 Hyundai Elantra GT | $22,039.00 | $18,156.00 | $3,884.00 | 17.62% |
| 19 | 2016 Kia Forte 5-Door | $21,004.00 | $17,308.00 | $3,696.00 | 17.60% |
| 20 | 2016 Hyundai Sonata Hybrid | $30,477.00 | $25,112.00 | $5,365.00 | 17.60% |
| 21 | 2016 Volkswagen Passat | $27,971.00 | $23,161.00 | $4,811.00 | 17.20% |
| 22 | 2016 Ford Fusion | $28,545.00 | $23,699.00 | $4,847.00 | 16.98% |
| 23 | 2016 Cadillac SRX | $46,393.00 | $38,574.00 | $7,819.00 | 16.85% |
| 24 | 2016 Ford C-Max Hybrid | $27,465.00 | $22,912.00 | $4,553.00 | 16.58% |
| 25 | 2016 Dodge Grand Caravan | $29,514.00 | $24,655.00 | $4,859.00 | 16.46% |
| 26 | 2016 Chrysler Town & Country | $35,173.00 | $29,404.00 | $5,769.00 | 16.40% |
| 27 | 2016 Kia Rio | $16,613.00 | $13,892.00 | $2,722.00 | 16.38% |
| 28 | 2016 Nissan LEAF | $34,573.00 | $28,955.00 | $5,618.00 | 16.25% |
| 29 | 2016 Jeep Cherokee | $31,039.00 | $26,068.00 | $4,971.00 | 16.02% |
| 30 | 2016 Volvo S80 | $47,825.00 | $40,230.00 | $7,594.00 | 15.88% |
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
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
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.
Latest Weekly Car Buying Tips
RSS Feed