Huffpost Business

Labor Day Car Deals: The Best Time To Buy A Car?

Posted: Updated:

Labor Day was created to honor workers, but it may be the one of the best times of the year to be a consumer.

CBS News business and economics correspondent Rebbecca Jarvis recently spoke to "The Early Show" and ran through the reasons why Labor Day can mean a plethora of great car deals. "The 2010 models they want off the lot and you're going to get a great deal as a result," Jarvis said.

Zero percent financing for five years, $3,000 to $5,000 cash back and a great selection are among the benefits of buying a car this weekend, Jarvis says.

And the best car to buy on Labor Day? Compacts are especially discounted this year, and trucks tend to have the best cash back offers, according to Jarvis.


Around the Web

Labor Day Travel Deals & Discounts -

Labor Day Deals | Travelzoo

Special Offers - Air Specials - Southwest Airlines

Labor Day Deals: Discounts, Coupon Offers and Promo Codes for Meals, Goods and ...

Labor Day 2010: Weekend Sales and Deals

Labor Day holiday travel should be up from last year

Why Labor Day Is the Best Time to Buy a Car