The Best Labor Day New Car Deals According to Consumer Reports

Saving money on a new car might seem like an exercise in futility nowadays, but it is possible. No, you might not be able to get thousands off the MSRP like the good ‘ol days, but something is better than nothing. In fact, the closer that you can get to the MSRP the better.

Consumer Reports knows this, so they put together a list of the best new car deals you can likely get this coming Labor Day weekend. Check out the following cars to see if any of them deserve a spot in your garage this weekend.

2022 BMW X3 xDrive 30i AWD – MSRP: $45,700, Average price paid: $45,143

The rear of a black 2022 BMW X3.
2022 BMW X3 | BMW

That’s right, if you act quickly this weekend, you may be able to get a whopping $557 off the MSRP of a 2022 BMW X3 xDrive 30i AWD. That’s definitely worth it, considering the X3 was just redesigned and is lauded by many as one of the best-driving luxury SUVs in the market.

Consumer Reports sings its praises as well: “One of the first things you notice about the X3 is how quiet and pampering the cabin is and how supportive the seats are.” Comfort aside, the 2022 X3 is also roomier and more efficient than the model it replaced.

2022 RAM 1500 Big Horn Crew Cab – MSRP: $47,915, Average price paid: $48,316

2023 Ram 1500 price
2023 Ram 1500 | Ram

While paying $401 over the MSRP might not sound enticing, consider that you’re buying one of the most capable trucks in the market. The RAM 1500 provides plenty of V8 power with help from a mild-hybrid system. It also has full-time four-wheel drive, a coil-spring rear suspension, and a remarkably quiet cabin. Now you know where that extra $400 is going.

2022 Volkswagen Atlas – MSRP: $45,855, Average price paid: $46,523

A front view of the 2022 Volkswagen Atlas in the desert.
A front view of the 2022 Volkswagen Atlas in the desert. | Volkswagen

The 2022 Volkswagen Atlas is a three-row SUV with more room in the second and third rows than its competitors. It’s super comfortable and provides a premium feel and a quiet ride. Towing capability comes in at 5,000 pounds and it can dash to 60 mph in just 8.7 seconds. That’s not bad for a large SUV, even if it commands a $668 premium over the sticker price.

2022 Cadillac XT5 Luxury AWD – MSRP: $45,995, Average price paid: $46,725

A white 2023 Cadillac XT5 sitting on a flat plain with a purple sky in the background.
2023 Cadillac XT5 | Getty Images

If German luxury isn’t your thing, then the Cadillac XT5 could be your speed. The XT5 provides a unique alternative to its rivals with a 3.5-liter V6 engine, superbly comfortable front seats, and sharp styling. You may have to pay a little over the MSRP, but the XT5’s luxurious amenities could be worth the extra pennies spent.

2022 Toyota Supra 3.0 Premium – MSRP: $55,040, Average price paid: $56,291

The Toyota Supra is lighter and cheaper than the BMW Z4.
A new Supra | Toyota

If you can find a 2022 Toyota Supra for $1,251 over the MSRP, then you’re doing pretty well. In our nationwide search on CarGurus, we found many Supra 3.0 models selling for closer to $60,000. Either way, you’ll have a quick sports car that’s easy to drive daily.

2022 Lexus GX 460 AWD – MSRP: $56,125, Average price paid: $57,405

The 2022 Lexus GX 460 parked near a mountain.
The 2022 Lexus GX 460 looks fierce with its Black Line Special Edition package. | Joe Santos, MotorBiscuit

We recently reviewed the 2022 Lexus GX 460 and praised it for its unrivaled off-road capability and luxurious cabin. No, it’s not as plush as its LX older brother, but it’s still fancier than your run-of-the-mill Toyota 4Runner. Normally, paying $1,280 over the MSRP would sound ludicrous, but in the case of the GX460, it’s worth the extra cost.

Is paying over the MSRP really worth it?

In this market, yes. However, if you can pay the MSRP for any car in the market right now, you’re ahead of the game. The aforementioned cars are prime examples as they are in high demand nationwide. But if you could find a good deal on any of them – whether you pay above or below the sticker price – this Labor Day weekend is the time to strike while the iron is hot.

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