Labor Day Deals 2020

Big Discounts, Low Interest Rates
September 3rd, 2020

A number of strong offers are available this Labor Day, making it a great holiday weekend to find a deal on a new car, truck or SUV. With 2021 models beginning to trickle onto lots, dealers are motivated to clear out their remaining new 2020 stock, driving bigger discounts and incentives. And with used car prices continuing to rise, these new-car deals have never been as enticing. The average discount on 2020 model year vehicles climbed to $3,111 in August compared to $2,968 in July and $2,845 in June, according to Edmunds data.

We've selected a number of vehicles with strong discounts and incentives to help you start your Labor Day shopping. If you don't see the car you're looking for on this list, remember that in most cases, these manufacturers will be offering deals across their lineups.

It's important to remember that not all discounts and deals are compatible and are not available everywhere. Check with your local dealer to find out what sort of discounts, incentives and offers are available for you.


SUV

2020 Toyota RAV4

Average discount: $1,927; Available purchase incentives: 0% APR up to 60 months, or up to $1,750 customer cash; Available lease offer: $299/month for 36 months, $1,999 due at signing

2020 Jeep Renegade

Average discount: $5,917; Available purchase incentives: 0% APR up to 72 months, or 0% up to 60 months with $3,750 cash allowance; Available lease offer: $192/month for 36 months, $3,799 due at signing

2020 Ford Edge

Average discount: $5,972; Available purchase incentives: 0% APR for 72 months; Available lease offer: $279/month for 36 months, $999 due at signing

2020 Subaru Outback

Average discount: $2,100; Available purchase incentives: 0% APR up to 63 months; Available lease offer: $239/month for 36 months, $2,439 due at signing

2020 Volkswagen Atlas Cross Sport

Average discount: $4,194; Available purchase incentives: 0% APR up to 60 months; Available lease offer: $299/month for 36 months, $2,999 due at signing

3-row SUV

2020 Kia Sorento

Average discount: $3,654; Available purchase incentives: 0% APR up to 66 months plus up to $3,000 cash back, or up to $6,000 cash; Available lease offer: $199/month for 24 months, $3,382 due at signing

2020 GMC Acadia

Average discount: $6,399; Available purchase incentives: $7,290 price reduction on AWD Denali trim; Available lease offer: $199/month for 24 months, $3,519 due at signing

2020 Mazda CX-9

Average discount: $2,635; Available purchase incentives: 0% APR up to 60 months with no payments for first 90 days and $1,000 customer cash; Available lease offer: $289/month for 36 months, $2,999 due at signing. Mazda will make your first monthly payment.

Sedan and Coupe

2020 Dodge Challenger

Average discount: $5,517; Available purchase incentives: 0% APR up to 72 months, up to $7,970 cash allowance; Available lease offer: $319/month for 36 months, $4,249 due at signing

2020 Ford Fusion

Average discount: $4,771; Available purchase incentives: 0% APR up to 72 months; Available lease offer: $199/month for 36 months, $999 due at signing

2020 Nissan Altima

Average discount: $4,083; Available purchase incentives: 0% APR up to 36 months + $1,500 customer cash, or up to $2,250 cash back; Available lease offer: $199/month for 36 months, $4,399 due at signing

2020 Toyota Camry

Average discount: $2,592; Available purchase incentives: 0% APR up to 72 months, or $2,000 customer cash; Available lease offer: $219/month for 36 months, $2,999 due at signing

2020 Volkswagen Passat

Average discount: $4,824; Available purchase incentives: 0% APR up to 72 months; Available lease offer: $199/month for 36 months, $2,699 due at signing

EV

2020 Chevrolet Bolt EV

Average discount: $9,830; Available purchase incentives: 0% APR up to 72 months plus $4,750 cash allowance; Available lease offer: $239/month for 36 months, $1,629 due at signing

2020 Nissan Leaf

Average discount: $5,833; Available purchase incentives: 0% APR up to 60 months plus $2,000 total savings, or $6,500 total savings; Available lease offer: $163/month for 36 months, $2,999 due at signing

Truck

2020 Ram 1500

Average discount: $7,971; Available purchase incentives: 0% APR up to 72 months; Available lease offer: $249/month for 36 months, $3,699 due at signing

2020 Ford F-150

Average discount: $7,020; Available purchase incentives: 0% APR up to 72 months; Available lease offer: $249/month for 24 months, $2,669 due at signing

2020 Chevrolet Silverado 1500

Average discount: $6,320; Available purchase incentives: $5,000 customer cash; Available lease offer: $309/month for 39 months, $0 due at signing