Personally, we take Labor Day off. We fire up the grill, throw on some ribs, and kick back and watch a ball game on TV. But in the car business, this is a major work holiday. There are countless local sales with extended hours at dealerships, and the auto manufacturers are joining the party. GM today announced it would offer between $500 and $1,500 on 2006 and 2007 models through Sept. 5. This cash-back offer is on top of current incentives.
The sale breaks down like this: $500 bonus cash on cars, $1,000 on pickups and car-based SUVS, and $1,500 on truck-based SUVs.
The Pontiac Solstice; Saturn Sky, Aura and Vue Green Line; Chevrolet Corvette; 2007 GMC Yukon and Yukon XL Denali; Hummer H1; and 2007 Cadillac Escalade are all excluded from the sale.
Ford,Chrysler and Nissan have already announced similar holiday sales events.