Black Friday is right around the corner, which means that sales for almost every industry will be in effect beginning at midnight on Thursday, or Thanksgiving night. Sales will be going on for clothing, toys, video games, books, furniture, ornaments and even cars. That is right; the automotive industry is not exempt from the Black Friday sales that will begin at midnight on Thursday. This means that if you are in the market for a new car and were specifically waiting for these sales to kick in then you can spend Friday looking for a new vehicle.
Many car dealerships will open early in the morning and be fully staffed, if not over-staffed, to meet the anticipated demand of the consumer. Dealers are hoping for an excellent day of sales but not an overwhelming one for that fact. Dealers are still trying to recover from the recession that hit the automotive industry especially hard. One day will not make up for months of financial ruin but a strong day sure can help ease the stress. Data experts across the country have determined that vehicle discounts on Black Friday are at their biggest on this one particular day more so than any other day of the year.
Data experts have determined that the average customer will pay 4.7 percent below sticker price during the calendar year while customers will pay 7.5 percent less than sticker price on Black Friday. The most difficult part of the day will be getting customers into showrooms during high unemployment numbers and a struggling economy.