Buying a car is not as simple as walking into a dealership, choosing your favorite vehicle and bringing it home. There are many things to consider, especially if you are on a tight budget. Knowing the best month to buy a car may help you save thousands of dollars.
Timing is undoubtedly a major factor to get the best offer. The price fluctuates according to the day and month, so you need to know the ideal time to make a purchase. Here, you will learn more about the right month to buy a new or used car. If you want to be best shopper, keep reading carefully!
Best Month to Buy a New Car
Whenever you decide to buy a car, make sure to think about the right time. There are some months of the year in which the dealers offer the best price, allowing you to pay a lot less. If a new vehicle can wait for a while, make sure to buy in these months:
October is the best month to purchase a new car. Shopping late in the year can give you a lot of advantages due to sales quotas of the dealerships. The sales quotas which are divided into yearly, quarterly, and monthly commonly come together in the end of year. The salesperson who pursues target goals tend to offer a better deal than other months.
For this reason, buying a new car in October may be effective to save pretty pennies. But in some cases, car dealerships have different sales deadline and the best offer may come earlier. You might need to walk into the dealership late in the month and see if you can get a better deal.
Another best month to buy a car is November. You can take advantages from Black Friday, on which some dealerships let you shop and save on this special day. It is not unusual that salespeople offer interesting discount for their cars during the biggest shopping holiday. Bargain-hunters must not miss this opportunity once they have decided to get a new car.
If you can postpone the plan a little longer, December can be the best month to shop for your favorite car. End of the year is a crucial time for salespeople to meet their sales goal, so they urge the shoppers to make a deal. This can be advantageous for you, considering huge discounts and bonuses are commonly offered not only for house furniture but also cars.
Buying a used car is pretty much similar to buying a new car. There is a specific time that allows you to get the best offer from the seller, which is during cold months. In the spring and summer, more cars are sold and it makes sellers increase the price. On the other hand, they have an urge to push the sale during the cold months when fewer people are interested to make a purchase.
Of course, it results in lower price and big advantages for buyers. Not to mention you will have more selection of models, types, and price. If you have the luxury of waiting until winter, pretty pennies can be kept in your wallet. Paying attention to car-buying trends in your area is also useful to get the best deal.
Buying a car is not as simple as you have thought. There is an art of getting the best deal so you can pay a lot less than you should. Keep those things in mind before walking into a dealership and making a purchase. Once you have decided, make sure to consider the best month to buy a car whether a new or used one.