This tips can help you save big bucks, check now how you can save money by finding the best time to buy a car that suits you!
In general, the best time to buy a car is when you need to buy a car. You can wait for the next “big deal” to come along, but there will always be a better deal just around the corner. However, if you’re dead-set on finding a sale or promo before shopping, check during these times:
End of Model Year
Even if a vehicle is a direct carryover, meaning there are zero updates for the new model year, it’s easiest to find the best prices by shopping at the end of the previous model year. In other words, even if a 2020 and 2021 model are exactly the same, the 2020 model should be cheaper on dealers’ lots. Next year’s models typically arrive between summer and the end of the calendar year, but that’s not a hard and fast rule.
End of Calendar Year or Month
Sometimes, the end of a calendar year will coincide with the introduction of a new model year, but that’s not always the case. The ends of years and months represent a crunch time for some auto dealers, when they are in a rush to move vehicles to hit sales quotas. You might be able to squeak out a good deal at these times, but it’s not guaranteed. Some dealers can see the deal-seekers coming from a mile away.
Labor Day, Black Friday, Memorial Day, and others can all be great times to buy a new vehicle. Many automakers roll out promotions and incentives at those times to catch people off work and ready to buy.
End of Life Cycle
Just like the end of a vehicle’s model year, you can score big deals on cars that are about to be discontinued. This is especially true if there are several units left for sale at the end of the life cycle. Dealers may be motivated to sell their remaining units.
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