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TrueCar.com forecasts October 29 to be big savings day for new car sales

U.S. consumers in the market for a new car may want to consider buying a new vehicle on October 29 as TrueCar.com recently announced that to be the best day to buy a new vehicle this month.

TrueCar.com is predicting October 29 will bring in the most possibilities for savings with a forecast average discount of 9.24 percent, according to its TrueTrends Report for October.

"Halloween weekend is the best time to buy a car this month," said Jesse Toprak, vice president of Industry Trends and Insights at TrueCar.com. "Consumers should do their homework before buying a car and with average discounts above nine percent, it's one of the best times to buy a car this year."

Data analysis from TrueCar.com recently showed that September was a big month for consumers interested in buying a new car. New light vehicle sales in the U.S. was projected to account for a 10.1 percent increase compared to September 2010.

The September forecast for the month also included a Seasonally Adjusted Annualized Rate of 13.1 million new car sales, which was up from the 12.1 million in August, and higher than the 11.7 million recorded in September of last year.

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