Labor Day Deals: The Best Bargains and End-of-Summer Sales
The holiday weekend means big bargains and huge end-of-summer deals.
— -- Gas prices are low and consumer confidence is high, meaning a lot of Americans are hitting the road to go shopping.
ABC News’ Becky Worley mapped out the best deals to help you steer clear of some buying pitfalls.
Let’s start with buying a car.
“Auto dealers are always trying to clear out their lots to make way for the newest models,” Benjamin Glaser, features director at DealNews, told ABC News.
If you are thinking about buying before the end of the tax year, go for it.
“Negotiate hard,” Worley said. “These guys are under a lot of pressure to move cars off the lot.”
Next up is summer clothes.
“This is really the last chance for retailers to clear out their summer inventories because the next big shopping weekend is Black Friday,” Glaser said of the Friday after Thanksgiving Day.
Worley says to look for an extra 50 percent off the sales rack at J. Crew. Lord and Taylor has an extra 25 percent off clearance items and the Gap has a blanket 30 percent off deal on everything. Amazon is offering a rare 20 percent off coupon code on a large selection of shoes and clothing.
Electronics is a bit trickier.
Worley says televisions will get cheaper around Black Friday, so hold off. But there are a few lingering back-to-school laptop deals out there.
“You can see 15-inch laptops with mainstream processors for $400 right now,” Glaser explained. “Lenovo has already unveiled their Labor Day sales. They’re cutting up to 60 percent off in their sale section.”
But if you were thinking about buying a new phone, you should wait.
Apple is expected to announce a new iPhone in early September and that always slashes the price of the previous model by $100. Also, Black Friday is famous for Android phones selling for one penny.
Worley adds that you should also wait to make your fall fashion purchases.
“If you’re seeing sales that say ‘big discounts on all the new arrivals,’ think about it. They’ll be cheaper as we get closer to Black Friday,” Worley said.
For holiday air travel, however, you should definitely go ahead and buy.
“This is your last chance to get a deal on Thanksgiving travel on airfare,” she explains. “Also deals on big packages like Jet Blue. The have some for 50 percent off.”
And, finally, you can get great deals on outdoor sports gear.
“REI has a sale on 25 percent off their clearance bikes and this is the shoulder season to get deals on skiing and snowboarding gear,” Worley said.