Ongoing economic uncertainty coupled with extreme weather conditions across most of the country over the past month has caused a slump in auto sales and low traffic numbers at dealerships throughout the United States. With Presidents Day weekend quickly approaching, a weekend historically known as one of the best times to purchase a vehicle, industry experts anticipate consumers to find the best deals of 2014 to date.
"Presidents Day weekend has always been one of the best times of the year to buy a new car, but we expect this weekend to be even better in terms of deals for consumers compared to the last few years," said Jesse Toprak, chief analyst at Cars.com. "The weather has been particularly brutal recently causing inventory to pile up at many dealerships across the country and very slow showroom traffic. This may mean that dealers will be motivated to offer larger-than-normal discounts for vehicles in competitive segments on top of the already generous incentive programs offered by the manufacturers."
Special Presidents Day Deals:
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