Generally speaking, holiday weekends are always good for auto sales, but the Detroit Free Press says that dealers are expecting to do exceptionally well during this year's three-day Memorial Day weekend. Even better, forecasts have 2013 new-car sales being the best the industry has seen since 2002 – predictions are hovering between 15 million and 16 million units for the year.

Leading this rebound is the fact that construction and home-building industries are picking back up, which is an especially good sign for truck sales. The article points out that truck buyers tend to fare particularly well during Memorial Day weekend, as prices are usually discounted around 20 percent. The final bit of good news in the story – for the industry – is that this year's average price of newly purchased vehicles is $28,921, which is not only up from last year, but also the highest total ever for the month of May.

Are you going car shopping this weekend?
Yes, and looking to buy. 1 (25.0%)
Yes, but just kicking tires. 1 (25.0%)
No. 1 (25.0%)
I'm not sure. 1 (25.0%)

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Share This Photo X