While shopping on Black Friday can be a stressful, tiring and downright frightening thing to do, consumers may find some great deals on one of the biggest purchases they’ll ever make: A new car.
This weekend, we have TWO significant sale days back to back…Black Friday followed by the last weekend of the month.
I recall from my days in the retail auto industry, we geared up for Black Friday and the day after also. In the car business, when a lot of people are off work, you tend to be really busy. We also saw that while one spouse was at the mall, the other might be shopping for a car.
According to TrueCar.com data, consumers willing to brave the cold and crowds should expect to see an average discount of 9.5% off of a vehicle’s manufacturer’s suggested retail price, or MSRP, with some models selling at up to a 23% discount this November 25th.
“Dealerships offer significant discounts on Black Friday,” said Jesse Toprak, vice president of industry trends and insights for TrueCar.com. “It’s an atypical day to purchase a car since consumers think of retail shopping, but buying a new vehicle on Black Friday can often lead to big savings.”