Labor Day weekend is one of the busiest car-buying days of the year. And this year in particular will be interesting for consumers as dealers expect a drop in sales, perhaps forcing them to negotiate on prices. In 2015, the auto industry witnessed its highest sales in 15 years, selling more than 17 million cars and light-duty trucks, and that may have been the peak, according to industry experts.
With such grim projections, you might be wondering, “Is now a good time to buy a car?” The market says yes, but the decision ultimately rests on widely ranging factors — from your monthly disposable income to the type of vehicle you’re eyeing to whether you should buy or lease. The data provided in this report, along with our panel discussion featuring top industry experts, will help you make those decisions. This information is based on a detailed analysis of financing offers from a diverse group of 158 lenders. Scroll down for the complete results.