NADA lists Labor Day weekend car shopping deals
(September 1, 2016) MCLEAN, Va. — Many vehicle manufacturers plan to take advantage of the extra shopping time consumers will have over the upcoming Labor Day holiday weekend (Sept. 3 – 5). Financially qualified shoppers may find summer's last weekend the best time to score great financing and lease rates.
Jonathan Banks, executive analyst at NADA Used Car Guide said, "We're seeing several deals in almost all segments. Everything from zero-percent financing to six-year financing terms with cash back are on the table."
Brand-conscious shoppers who want to drive the latest in luxury will find significant deals from Lexus, Lincoln, BMW and Infiniti. Mainstream shoppers who need a new family-oriented vehicle may encounter advantageous offers from Toyota, Hyundai, Volkswagen and Mazda.
Here are latest Labor Day weekend deals analysts at NADA Used Car Guide researched from automotive manufacturers:
Financing + Cash
2016 Volkswagen Jetta
Deal: 0% financing for 60 months, plus $1,500 cash back
2016 Volkswagen Passat
Deal: 0% financing for 60 months, plus $1,500 cash back
2016 Ford Focus
Deal: 0% financing for 72 months, plus $2,000 cash back
2016 Ford Fiesta
Deal: 0% financing for 72 months, plus $2,000 cash back
2016 Kia Optima
Deal: 0% financing for 66 months, plus $1,000 bonus cash or
$2,000 cash back
2016 Hyundai Santa Fe
Deal: 0.9% financing for 60 months, plus $1,750 cash back
2016 Lexus CT Hybrid
Deal: $3,500 cash back
2016 Lexus ES
Deal: $3,500 cash back
2016 Lexus GS Turbo
Deal: $5,000 cash back
2016 Toyota Sienna
deal: 0% financing for 60 months or $1,000 cash back
2016 Lincoln MKX
Deal: 0% for 60 months, plus $1,000 cash back
Finance-Only Deals
2016 Infiniti Q50
Deal: 0% financing for 36 months
2016 BMW 5-Series Sedan
Deal: 0.9% financing for 72 months
Zero-Down Lease Deals
2016 Mazda CX-5
Deal: Lease $269 per month for 36 months with zero due at signing and zero first month's payment
If the cost of buying a vehicle isn't in the household budget, and leasing doesn't fit fiscal requirements, shoppers might consider purchasing something in the pre-owned market. NADA Used Car Guide's August Perspective report provides information on Certified Pre-Owned (CPO) vehicle programs, which offer significant savings when compared to new models.