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Labor Day car sales: good, bad news

Aug 29, 2019 - Newsday (New York)

In the car business, Labor Day is more than just the end of the summer selling season. It signals the beginning of what many bargain hunters eagerly await: the end-of-model-year clearance. In the eyes of these shoppers, the Labor Day holiday weekend sales time equals big-time savings. But as Edmunds data shows, this year's Labor Day weekend deals might not be as impressive as they were in the past.

Just five years ago, industrywide incentives were deep, interest rates were low, and car sel...