Buying a new car is a big decision. If you keep procrastinating, you might miss out on the perfect vehicle. But knowing when to buy a new car can save you a lot.
The best time to jump in is when you need it. You’re not going to benefit by waiting if you need a car to commute, travel, or accommodate your family. We’ll assume that, like most people, you’re planning ahead, and can benefit from these tips on choosing the best times to purchase a brand new car.
At the Start/End of the Model Year
Dealerships often create incentives to get business when new models come out. Nowadays, new car models are released year-round. You can find out when a specific model will be launched by calling the dealership, going to auto shows, and doing more general research. If a big discount is more important than having the latest model, shop at the end of the model year, but do your homework as you might miss out on improvements and favorable modifications.
Just Before a Model Is Discontinued
If you know the manufacturer is going to discontinue a particular model, there’s an opportunity to take advantage of a discount. This method does sometimes have cons though. The vehicle might depreciate more quickly, while the manufacturer may have a reason for discontinuing the model, such as performance or reliability issues that can impact your experience.
During Major Holidays
You might notice more car commercials around Black Friday, Memorial Day, or the Fourth of July. That’s because dealerships and car manufacturers tend to offer better deals during those times, such as cashback incentives and special financing. Bear in mind dealerships can get very crowded then. It, therefore, helps to research ahead of time; take a test drive if you can and complete other preparations, so it’s possible to close the deal at the right time.
On a Lucky Day
You might not get a great deal just because you wake up feeling confident. But the day you choose to go can matter. During the weekend, dealerships are busier, but early in the week, when everyone else is at work, you may have more time to negotiate. At the end of the month, car dealerships are under pressure to meet sales quotas. They’ll offer deals to get customers to buy so enough cars can be sold. However, December is often the best time to buy a new car; sometimes you’ll even notice big discounts as early as October and November.
These are the best times to find car discounts. But deals can appear any time of the year, so it’s important to keep looking if you’re planning to buy a new car. If you’re timing is right, you can end up saving thousands of dollars. Also, sharpen your negotiating skills. Once you do this, you can find more opportunities to talk down the price.
Find Affordable, Low-Mileage Used Cars at CarWorld
If you can’t afford a new car or you’ve missed a great deal, CarWorld in Hawthorne, CA, can help you find a used model. The area’s premier buy here, pay here dealership, we carry the best pre-owned vehicles. All major brands are in stock, including Honda, Dodge, Toyota, Ford, BMW, and Mercedes-Benz. Our service team performs a multi-point inspection on each vehicle before it is put on our lot. We also offer competitive financing options to help get you in the car of your choice. Call 833-219-9951 today to learn more.