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 People
are always asking us the question: "When is the best time of the year
to buy a car?" Well, there are many different
answers. It all depends on what factors you focus on.
The first factors to consider are the challenges of each season.
Winter
The colder, nastier months are typically the low point
of the year for auto sales. Since business is slow,
you may find some excellent deals. However, since customers
are scarce, you may find some very hungry salespeople
who could be a bit pushy. If you are in the market for
a convertible, buy during the winter. Most people buy
convertibles as the weather gets nicer, so a convertible
that's for sale at a dealership may have been on the
lot for some time, and the dealership would want to
move it. You could get a great deal buying during this time of the year.
Spring-Summer
The
beginning of the season. President's day starts the real upswing in automotive
sales after the winter. Dealerships try and get the season started with the holiday
sale, and you will find the industry is getting busy.
Fall
Customers
say to themselves "I don't want to drive this car through another winter"
and thus provide a good stream of business throughout the fall months. Final
Thoughts...
All that being said, you should be able to get a great deal
at any time of the year. What you should do is find out what manufacturers rebates
are being offered at any time. For instance, you may be able to save a few thousand
off of a $25,000 car with some haggling, but say that on top of that discount,
you throw in $2,000 cash back from the manufacturer. Now that $25,000 car is selling
in the high-teens.
Do
your research. Overall, AutoHeroes likes buying cars
during the winter. Automobile dealerships are not as
busy, and therefore you won't feel rushed and you can
get a great deal on your car.
(Source:AutoHeroes.com)
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