This Memorial Day kicks off a buyer’s market for new cars | CNN Business

CNN  — 

Memorial Day weekend is shaping up to offer some of the best deals on new cars in years. The discounts vary widely by manufacturer and type of car – don’t expect too much off on a Toyota SUV, for example. But it’s a good time to be in the market for an electric vehicle.

The new car market is finally a buyer’s market again.

For decades, the holiday weekend was a great time to buy a new car, with dealers competing to sell out the last of the previous year’s models to make

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