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The Best Labor Day 2023 Car Deals
August 31, 2023
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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Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- 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 The Author
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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