Personal Finance

Labor Day car deals are plentiful as dealers seek to unload inventory

With lots of inventory at auto dealerships, Labor Day means consumers are likely to snag a good end-of-summer deal.

“Cars are sitting on dealer lots longer than any time since 2009,” said Jill Gonzalez, an analyst with WalletHub. “Dealers want to move these cars, both new and used. That’s good news for consumers looking to buy either type of car.”

Dealers now take an average of 74 days to sell a new car, the highest it’s been since July 2009 when it was 80 days, a…
Personal Finance