It a strange way to honor two of America’s greatest presidents – going shopping. Seeing George Washington and Abraham Lincoln’s images used to sell clothing, cars, electronics, white goods, and carpeting seems, well, disrespectful.
How did this shopping extravaganza emerge?
Presidents Day sales were created by a car a salesman, Alvan T. Fuller, who was named the “most successful automobile dealer in the world” in 1920. The sales grew throughout the years to the shopping phenomena we know today.
Presidents Day is considered by many as one of the best times of the year to get a good price on a car. However, you could also be fooled.
Tough economic times are turning around slowly, but dealers and used car lot owners who haven’t been making the money they normally do will be using their usual techniques to squeeze every cent they can out of you. And, they may even have some new tricks.
See “Thinking of Buying a Car at the President’s Day Sales?” for information on how to protect your self as a baby boomer consumer when you shop.
If you’re buying other items, consider these tips from The Money Pit:
- Start shopping early for “early bird” specials.
- Make a list.
- Check the Internet for coupons and to compare prices.
- Bring a friend or relative to help you.