Consumers expect to find deals on Black Friday

When it comes to finding discounted prices on what is typically the busiest shopping day of the year, a majority of consumers believe Black Friday will not disappoint, a new survey indicates.

According to the poll, conducted by online shopping website PriceGrabber, nearly 60 percent of consumers believe they will find better deals for retail items on Black Friday compared to other days of the year.

In a separate poll, vehicle pricing website TrueCar found that automotive retailers will also be offering deep discounts for cars on Black Friday, up to 23 percent off the manufacturer's suggested retail price, in some cases.

"Dealerships offer significant discounts on Black Friday which can save consumers thousands off the purchase of a new vehicle," said Jesse Toprak, vice president of industry trends and insights for TrueCar.com. "It's an atypical day to purchase a car since consumers think of retail shopping, but buying a new vehicle on Black Friday can often lead to big savings."

In order to take advantage of the low prices, however, consumers will need a strong credit history. Reviewing credit reports can help consumers determine whether there are any discrepancies on them that may prevent them from qualifying.