Black Friday: Also the Best Day to Buy Cars and Invest in CDs?

The biggest shopping day of the year is not only about snagging discounted toys and plasma HDTVs at the mall. Car dealers and online banks also want in on the action.

Per CNNMoney, Friday, November 27, should be the best day of the year to buy a car:

Black Friday, the day after Thanksgiving, is the best day to buy a car, according to car pricing researchers at the Web site Truecar.com.

Analysts looked at day-by-day car pricing for the last several years. That data revealed that discounts on Black Friday are, on average, the biggest of the year.

“The discounts from dealerships, as well as manufacturers’ incentives, generate the highest discounts of the year on Black Friday,” said Jesse Toprak, an analyst for Truecar.com.

Meanwhile, online bank ING Direct will start offering special added-value CD and checking account promotions on Black Friday, along with discounted closing costs ($683 off, what the average American spends on holiday shopping) for anyone who applies for a mortgage on that day. Also:

On Cyber Monday, November 30, ING DIRECT’s brokerage, ShareBuilder, will offer a 20 percent discount on trades to help investors save money while they grow their investments.

The details regarding the CD and checking account deals won’t be announced by ING Direct until Black Friday itself.

Black Friday: What We Know So Far

Done Deal: CBS Gives Green Light to Sitcom Based on Groupon

Daily deal giant Groupon is known for its peculiar sense of humor. There was the time the site “bought” April Fool’s Day. The introduction of marketing gimmicks like the creepy virtual discount wheel called “Clicky” can only be attributed to some offbeat sense of what’s amusing. And of course, from the beginning, subscribers have been reading Groupon’s trademark absurdist, careful-not-to-offend descriptions for deals arriving in their in-boxes. The fact that there’s a network sitcom in the works featuring Groupon is apparently no joke, however.

http://money.blogs.time.com/2009/12/28/is-this-the-best-week-to-buy-a-car/ Is This the Best Week to Buy a Car? – It's Your Money – TIME.com

[...] more question: Are the year-end deals really all that good compared to other times of year? Black Friday, for example, is thought of as a great day for getting a bargain on a car. Labor Day weekend is [...]
http://money.blogs.time.com/2010/11/18/bargain-car-buying-season-best-affordable-new-vehicles-and-strategies-for-getting-them-cheap/ Bargain Car-Buying Season: Best Affordable New Vehicles, and Strategies for Getting Them Cheap – It's Your Money – TIME.com

[...] people say that Labor Day Weekend, or the end of October, or Black Friday is the best time to scoop up a new car at the best possible price. But an even larger consensus [...]
http://money.blogs.time.com/2010/11/30/today-is-supposed-to-be-the-absolute-best-day-of-the-year-to-buy-a-new-car/ Today Is Supposed to Be the Absolute Best Day of the Year to Buy a New Car – It's Your Money – TIME.com

[...] make way for 2011 models. Last year, after the car geeks collected all of the data, they said that Black Friday was the best day to buy a car. But in 2010, the day to buy is today, November [...]