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The Best Labor Day 2023 Car Deals

This coming Monday is Labor Day (September 4th), 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. This is because car dealerships are usually frantically working to move this year's vehicles off their lots and make room for next year's models.

However, times are a bit different now due to supply shortages of some vehicles, resulting in big price increases for certain brands. The good news is there are some models that have managed to avoid the supply/demand issues, and which still offer decent deals.

Using TrueCar's database of average selling prices, I compiled a list of the top 50 vehicles with the largest discounts off MSRP this week (this includes all incentives, rebates, and hidden dealer incentives).

Take a look at the full list below and see if any models you're interested in are on it. If so, this could be a good time to move ahead with the purchase. And as always, make sure to use TrueCar No Haggle and CarsDirect to quickly gather the best prices in your area.

Top 50 Labor Day Discounts

Rank Vehicle Avg MSRP Avg Discount % Off MSRP Get Price
1 2023 Alfa Romeo Stelvio Sprint $48,170 $7,834 16.2%
2 2022 Mercedes EQS EQS 450+ Electric $105,450 $15,978 15.2%
3 2022 Mercedes SL AMG SL 63 $179,150 $26,247 14.7%
4 2023 Alfa Romeo Giulia Veloce $51,515 $7,317 14.2%
5 2023 Kia EV6 Wind Electric $50,025 $7,113 14.2%
6 2023 Ram 1500 Big Horn $55,010 $7,348 13.4%
7 2023 Mercedes S-Class S 500 4MATIC $115,650 $15,240 13.2%
8 2023 Chrysler 300 Touring L $39,790 $4,882 12.2%
9 2023 Hyundai IONIQ 6 SE Standard Range Electric $42,715 $5,052 11.8%
10 2022 Jeep Grand Cherokee 4xe $61,660 $7,237 11.7%
11 2023 Hyundai IONIQ 5 SEL Electric $52,285 $6,045 11.6%
12 2023 Kia Niro EV Wave Electric $45,875 $4,925 10.8%
13 2023 Volvo XC90 B5 Plus 7-Passenger $60,995 $6,438 10.6%
14 2022 Jeep Renegade Latitude $30,740 $3,191 10.4%
15 2023 Volvo XC90 Recharge Plus 6-Passenger Plug-in Hybrid $75,195 $7,814 10.4%
16 2022 Chrysler Pacifica Touring L Plug-in Hybrid $50,595 $5,261 10.4%
17 2022 Jeep Gladiator Rubicon $50,705 $5,252 10.4%
18 2023 Maserati Levante GT $89,095 $9,059 10.2%
19 2022 Buick Encore Preferred $27,295 $2,784 10.2%
20 2023 Cadillac XT5 Luxury $45,590 $4,634 10.1%
21 2022 Mercedes GLC 300 4MATIC $46,900 $4,655 10%
22 2023 Dodge Durango SXT Launch Edition $43,230 $4,277 9.9%
23 2022 Jeep Grand Cherokee WK Laredo X $44,280 $4,332 9.8%
24 2023 Jeep Grand Cherokee Limited $50,025 $4,915 9.8%
25 2022 Chevrolet Silverado 1500 WT $36,395 $3,468 9.5%
26 2022 Jeep Cherokee Limited $40,940 $3,900 9.5%
27 2023 Volvo C40 Recharge Twin Ultimate Electric $61,195 $5,618 9.2%
28 2022 Chevrolet Equinox LS - 1LS $27,695 $2,516 9.1%
29 2022 Lincoln Navigator Standard $81,965 $7,275 8.9%
30 2022 Ford Mustang Fastback $28,865 $2,547 8.8%
31 2022 Nissan Armada Platinum $70,995 $6,157 8.7%
32 2023 Volvo XC60 B5 Ultimate Bright Theme $54,595 $4,768 8.7%
33 2022 Mercedes S-Class S 500 4MATIC $112,150 $9,745 8.7%
34 2023 Volvo XC40 Recharge Ultimate Electric $60,595 $5,208 8.6%
35 2023 Mercedes EQB EQB 250+ Electric $53,900 $4,630 8.6%
36 2023 Mercedes EQS SUV EQS 450 4MATIC Electric $108,550 $9,306 8.6%
37 2023 Porsche Cayenne $73,650 $6,333 8.6%
38 2023 Volvo XC40 B5 Plus Dark Theme $43,845 $3,788 8.6%
39 2024 Volvo XC90 Plus Bright Theme 6-Passenger $65,095 $5,506 8.5%
40 2023 Audi e-tron GT Premium Plus Electric $106,395 $8,992 8.5%
41 2022 Volkswagen Taos SE $30,640 $2,585 8.4%
42 2023 Maserati Grecale GT $64,995 $5,471 8.4%
43 2022 Chevrolet Silverado 1500 LTD RST $48,095 $3,969 8.3%
44 2022 Mercedes E-Class E 350 4MATIC $58,500 $4,848 8.3%
45 2023 Chevrolet Silverado 1500 WT $47,195 $3,885 8.3%
46 2022 Dodge Challenger R/T $40,980 $3,327 8.1%
47 2023 Jeep Compass Latitude $33,990 $2,760 8.1%
48 2023 Maserati Ghibli Modena Q4 $93,095 $7,585 8.1%
49 2022 Ford Escape S $28,660 $2,323 8.1%
50 2023 Dodge Challenger SXT $33,560 $2,725 8.1%
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About The Author

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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