Labor Day car shopping: Best hybrid deals
One hybrid appears to be your best buy
On the way out to the Labor Day parade and barbecue this weekend, many Americans will also fit in a trip to their local car dealership to check out the deals, as Labor Day is traditionally known as one of the best car shopping holidays of the year.
And heading into the weekend, one hybrid is one of the best deals nationwide, at least according to Consumer Reports.
So, if you’re in the market for a new car with an interest in a hybrid or plug-in vehicle, then you have to at least check out the Nissan Altima hybrid this weekend. Because the current Altima hybrid, based on Toyota’s Hybrid Synergy Drive, is being discontinued in preparation for an Altima hybrid built upon Nissan’s new proprietary hybrid drive, now is the time to move old inventory.
Aside from the Altima hybrid, I’ve noticed one dealership in my neighborhood, for example, offering the Hyundai Sonata hybrid for $2900 off MSRP. Likewise, the Toyota Prius hybrid can be picked up for $0 down, with a new lease, although the lease deals aren’t as good as they were earlier this year. So, I might try to negotiate a better payment on a Prius lease, but if I didn’t receive what I wanted, I’d wait a few months for Prius supplies to increase a bit more.
As they say with any car shopping, know what deal you are looking for, and be ready to walk away if you’re not satisfied.
Additionally, while the Toyota Camry hybrid didn’t make CR’s list, the rest of the Camry family did. Since the new 2012 Camry — including an upgraded hybrid version — is due by October, I’d imagine that dealers with healthy stocks of Camry hybrids will also be willing to bargain on that model in anticipation of new inventory.
Overall, there are some hybrid deals to be had out there this Labor Day weekend, but don’t feel pressured to buy. Hybrid supplies are increasing and several new models are on the way. As we head towards the end of the year, new deals are sure to emerge.