Why Black Friday Is The Best Day Of The Year To Buy A Car - Spokane, North Idaho News & Weather KHQ.com

Why Black Friday Is The Best Day Of The Year To Buy A Car

YAHOO.COM - If you are in the market for a car, head to an auto dealer on Black Friday. That's the best day of the year to buy a car, according to calculations by automotive web site TrueCar.

Based on sales data for the last 10 years, plus current market conditions, TrueCar estimates that discounts of more than 20% will be available Friday on some models. The discounts result partly because Black Friday is near the end of the month, when dealers push to meet their monthly sales quotas. And manufacturers already are offering their year-end rebates and other incentives to clear out the 2011 model year. "On top of the manufacturer incentives, dealers now are pushing specific Black Friday discounts and advertising them," says Jesse Toprak, chief industry analyst for TrueCar.

Most of the best deals are on remaining 2011 models, like the 22% discount projected by TrueCar for the Chevrolet Silverado 1500 pickup, selling for an average $17,370 including a $4,500 rebate from General Motors. But some 2012 models carry big discount: Ford has a $2,500 incentive on its 2012 Escape small SUV, selling at a 13.5% discount for an average of $22,045. The company just unveiled its redesigned 2013 Escape to go on sale next summer and is eager to clear out the 2012s.

Other great Black Friday deals cited by TrueCar include the 2011 Mitsubishi Endeavor small SUV, off 23% at $22,334, the 2011 Chrysler 200 sedan, off 16.5% at $18,368 and the Nissan Maxima sedan (pictured above), off 15% at $27,664.

Great lease deals too

If you are among the 25% of new car customers who lease their vehicles, you also will find some good deals. Chevrolet's medium-sized Cruze, one of the success stories of 2011, is leasing for $169 a month over three years, with $659 due at signing. And Volkswagen's Jetta is leasing for three years at $219 a month with nothing down.

If you plan to chase a door-buster special on Friday instead of car shopping, don't worry -- the first two weeks in December remain a good time for great car deals, says TrueCar's Jesse Toprak. Early in the month, you can still find big discounts on 2011 models with choices on color and options. Later in December, pickings will be slim. You don't want to wind up an eggplant-colored model full of expensive options you don't want.

Aside the year-end sales in November and December, the biggest discounts occur as holiday specials, especially the Fourth of July, Toprak says. But if you are a good shopper, you don't have to limit yourself to those dates. Says Toprak: "If you do your homework, you can find a good deal almost any time of year."

  • Most Popular StoriesMost Popular StoriesMore>>

  • Grizzly bear spotted in Athol/Garwood area

    Grizzly bear spotted in Athol/Garwood area

    Tuesday, August 14 2018 2:11 AM EDT2018-08-14 06:11:51 GMT

    KOOTENAI COUNTY, Idaho - The Idaho Department of Fish and Game wants to warn you about a grizzly bear that's been roaming around the Athol and Garwood area. Multiple people have reported seeing it, and wildlife officers have set up a trap to catch it, but so far they've been having trouble finding it. KHQ spoke with one woman who says the bear walked through her yard. 

    >>

    KOOTENAI COUNTY, Idaho - The Idaho Department of Fish and Game wants to warn you about a grizzly bear that's been roaming around the Athol and Garwood area. Multiple people have reported seeing it, and wildlife officers have set up a trap to catch it, but so far they've been having trouble finding it. KHQ spoke with one woman who says the bear walked through her yard. 

    >>
  • 8 people killed in eastern Oregon vehicle crash

    8 people killed in eastern Oregon vehicle crash

    Tuesday, August 14 2018 1:19 AM EDT2018-08-14 05:19:31 GMT

    PORTLAND, Ore. (AP) - Authorities say eight people were killed in a crash involving two vehicles in the high desert of eastern Oregon.    The Oregonian/OregonLive reports the head-on collision happened after 10 a.m. Monday on Oregon Route 78 southeast of the small town of Burns.    Oregon State Police Capt. 

    >>

    PORTLAND, Ore. (AP) - Authorities say eight people were killed in a crash involving two vehicles in the high desert of eastern Oregon.    The Oregonian/OregonLive reports the head-on collision happened after 10 a.m. Monday on Oregon Route 78 southeast of the small town of Burns.    Oregon State Police Capt. 

    >>
  • Spokane Valley flag football fields found vandalized

    Spokane Valley flag football fields found vandalized

    Tuesday, August 14 2018 2:16 AM EDT2018-08-14 06:16:01 GMT

    SPOKANE VALLEY, Wash.- A flag football league in Spokane Valley is preparing for their first practice next week but organizers say they can't help but feel disappointed because someone suddenly vandalized the fields they have put so much work into. "We're pretty disappointed, a little beat up," said Jeff Miller, the Director for Upward Flag Football and Cheerleading. 

    >>

    SPOKANE VALLEY, Wash.- A flag football league in Spokane Valley is preparing for their first practice next week but organizers say they can't help but feel disappointed because someone suddenly vandalized the fields they have put so much work into. "We're pretty disappointed, a little beat up," said Jeff Miller, the Director for Upward Flag Football and Cheerleading. 

    >>
HD DOPPLER 6i
/