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Memorial Day could be perfect time to buy a new car

Posted on Monday, May 19, 2014 at 10:34:44 AM

This upcoming Memorial Day weekend is expected to be one of the busiest driving times of the year, and that could mean it is the perfect opportunity for a new vehicle and affordable auto financing.

According to AAA Travel, more than 36 million Americans are expected to hit the roads this holiday weekend. If that number is reached, it would be a 1.5 percent increase from the amount reported last year. Out of those numbers, 88 percent are expected to travel via automobile.

"As we enter into the summer travel season with warmer temperatures and tulips in bloom, thoughts of historic cold are still fresh in the minds of Americans in many parts of the country," said Marshall Doney, AAA chief operating officer. "The winter blues appear to have given Americans the travel bug and a case of cruise cabin fever as travel for the holiday is expected to hit a new post-recession high."

Thankfully for buyers interested in a new vehicle before this weekend, there are plenty of options out there. According to TrueCar, the Chevrolet Silverado 1500 was one of the best deals in April, with a 14.4 percent savings off of the manufacturer's suggested retail price. This is especially good news for people interested in pickup trucks.