Best Time To Buy a Car
Updated: Feb 23
Do you have your eye on that car, but just cannot afford it? Well, this is the perfect time to purchase a vehicle! Keep reading to find out why.
Did you have any idea that the best time to buy a car is late in the year and late in the month? For car buyers, December has the year’s best discounts and the highest incentives. Car dealerships have to meet sales quotas, as usually broken down into quarterly, monthly, and yearly sales goals.
When you start shopping late in the year, car salesman might have one or more of those quotas in mind and can be able to offer you a better deal.
Be mindful that sales deadlines do not always match up with the calendar month. Therefore, the best days to shop are on the 26th, 27th, 28th day of the month. Also, it is beneficial to use Holiday sales to your advantage. Especially, when you are continuously seeing all the holiday-themed commercials with car dealerships pushing you to shop and save large amounts.
There are great incentives that are being advertised at that point that you can take advantage of. What is more important is that time is your best negotiating point. Never purchase a vehicle the first time you see it. Waiting for the car of your dreams takes patience and strategy if you want the best possible rates. Cars are known to always depreciate. Being patient for the right time of the year to buy a car, or the right month, or the right day, can help you save thousands.
Therefore, if you are in the market for a new or used car, it is time to narrow down your choices and end the year with a new ride!