2016 Labor Day Car Sales a dud.
TAKATA AIRBAG RECALLS add to New CAR demand.
Then in February more recalls on TAKATA airbags sent car makers into a frenzy of NO SALE pronouncements on all used and off-lease vehicles involved. The result was many leased vehicle owners could NOT BUY OUT their cars, and had to lease or buy new. Hence, lack of used cars available put additional demand on the 2016 car models already limited new car production pipeline. If you want to know if YOUR trade has a TAKATA airbag, which could reduce the trade-in value, go to this website first.This year you will find BIG incentives and rebates, low interest rates advertised on the slowest moving, ugliest or most expensive vehicles left on the lot. In many cases, these are NOT the car you want nor the interest rate you qualify for with your FICO- AUTO credit score. For 2016 labor day holiday car sales deals I recommend you be ready to be flexible on your needs versus wants in the features, colors and price demands or be willing to wait til 2017’s go on their first sale around Thanksgiving. I’m NOT saying you should go over your budget, or settle for a color you really detest, because you will be living with if far beyond the euphoria of a great 2016 labor day car sales deal. Also note, you should probably call the dealer ahead of time to make sure the car advertised on their website is still there. Car are selling so fast, the web can’t keep up with removing sold cars from the internet. Disclaimer: Sorry to be such a bummer, but I’d rather tell you the truth before you spend hours at the dealership in aggravated frustration or despair.HIGH DEMAND – LOW INCENTIVES
Sarah Lee Marks is MyCarlady. She has over 26+ years of experience. She writes about cars, and is a staunch consumer advocate on car related subjects. She teaches Driver’s Education, Auto Safety and Car care. MyCarlady offers free car buying advice, and private, auto-related services to help you maintain your personal or commercial vehicles. <a href=”http://wp.me/P6EoDJ-2px” target=”_blank”>If you have car-buying questions. Join the MyCarlady newsletter to be kept up-to-date on this and other important car information.