Smart shoppers know how to buy the best item at the best price. There are several things to consider and timing is one of the most crucial. When it comes to buying a new car, a perfect time makes a thousand of dollars of difference. In other words, make sure you know the best time to buy a new car and save a large amount of money.
According to research, car dealerships lower their car prices at specific times to reach target sales. You can also consider the right days of the week to get the best deals. Stay on the page and learn everything you need to know about the perfect time to buy a car.
Best Time to Buy a New Car from a Dealer
If you think all days and months are the same, car dealerships will not agree with you. At a certain time, they have a high traffic of customers so they raise the price for higher profits. But the other time, the sales drop and dealership urges shoppers to make a purchase through discounts and offers. Here is a list of best time to purchase a new car you should know.
Monday to Tuesday are the best days to buy a car. Most dealerships have less customer traffic on these days, giving you a higher chance to get a better deal. If you walk into the dealership on the weekends, high customer traffic makes salespeople give less personal attention to you. This means getting a good deal is more difficult unless you are on a holiday sale.
If you have the luxury of waiting, late in the year can be the best time to buy a new car. The month of October until December is a golden period in which car dealerships pursue their sales goals. It is not impossible the dealer offers big promo and discounts to push the sales during these months. Instead of visiting a dealership early in the month, you might need to come late on the 26th or 28th.
Most car dealerships offer special price on holidays such as Memorial Day, Black Friday or New Year. Especially for New Year holiday sale, deep discounts are the best weapon for salespeople to urge customers to buy a car. This is the only way to meet their yearly target sales. You can take advantages from this special occasion to get a lower price.
If you don’t mind, waiting for a little longer can give you the sweetness of lower car price. A couple of new car models are released every few months but dealerships have limited space. Whenever the new models come, they do not have many options but selling off the old stock. Much to your surprise, the dealer might offer favorable discounts.
Waiting for the right time helps save thousands of dollar. But it is not the only thing to do before purchasing a car. Making a small research is also essential to get the best deal for your favorite car type. Once you have decided the perfect vehicle, start your research and monitor the price from month to month. You may also need to consider car-buying trends in your town.
All in all, buying a car is none of simple tasks. There are many things to consider but time is the most important key to get the best deal. Purchasing at the right time prevents you from paying more than you should. Now that you know the best time to buy a new car, you can say goodbye to overpriced automobile.