Black Friday Best Day To Buy New Car: Report


When you think of Black Friday sales, or even boxing day sales, you think of big screen TV’s, toys and clothes, now you can add cars and trucks to the list.

According to car pricing researchers Truecar.com, black Friday is the best day to buy a car in the US (no data was available for Canada).

“The discounts from dealerships, as well as manufacturers’ incentives, generate the highest discounts of the year on Black Friday,” said Jesse Toprak, an analyst for Truecar.com.

The average new car discount on Nov. 27 is estimated to be 7.5 percent. The average discount the day before and after is expected to be just over 6 percent. Normally car buyers pay 4.7 percent less than the sticker price, CNNMoney.com reports.

TrueCar says one reason for the huge discount is that it’s quiet on the lot since most people are out gift shopping, and the other is that dealers are trying to meet end-of-the-month sales quotas.

TrueCar’s monthly report on prices and deals says the “most negotiable” new cars now are the 2009 Audi Q5 and 2010 BMW 1-series.

Will you be heading out to buy a new car?

Black Friday Best Day To Buy New Car: Report

Black Friday Best Day To Buy New Car: Report


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