While buying a vehicle, timing can make a huge difference between saving hundreds or thousands of dollars. Since there are no guarantees when it comes to discounts, there are certain times of the year that have signaled a higher likelihood of savings on buying a vehicle is the best time to buy a car.
Buying a car can be a very stressful process. Not only does one need to undertake huge amounts of research before deciding to buy, finding the right car at the right price can also be overwhelming. In case you decide you want to buy a vehicle from a dealership, their salespeople generally tend to get you to buy whatever may seem right to you at that moment, as soon as possible. But you must relax and read on to know more about the best time to buy a car, and how to make it a joyful experience rather than a dreadful one! So, let’s see when is the best time to buy a car in 2019!
Best Time To Buy A Car in 2019
For discount seekers, December has regularly proven to be a reliable time to make a car purchase in recent history. Since it’s the end of the year, automakers and dealers are looking to meet their year-end sales goals and clear out inventory from the outgoing model year. In fact, December has ranked as the best month for incentives during 4 of the 6 years (2013 to 2018), according to data provided by vehicle sales and leasing data company – Motor Intelligence. Even luxury brands, who rarely advertise big incentives, traditionally offer better lease and finance deals for the month.
Memorial Day, Labor Day, and Thanksgiving
Another big car sale week except Christmas is the holiday weekends of Memorial Day, Labor Day and Black Friday. Automakers and dealers increasingly roll out promotions in the days leading up to these holidays, making it another great time to get vehicles at greater discounts.
Even though December provides great last-minute opportunities for car sellers to unload their old inventory, the process for this undeniably starts a few months earlier. Model year changeovers; where next year’s car models hit dealers, can happen at any time. But the bulk traditionally comes in either late summer or early fall. This is the time when dealers like to transition their showrooms to spot a light on their newest models. October falls at the height of this season and when it comes to getting a great deal on a car, this month has been ranked among the best 3 months of the year for 5 consecutive years (2014-2018), according to Motor Intelligence.
The Week After Christmas
It’s pretty obvious that as any major holiday weekend approaches, car-sellers ramp up their advertising and put out lucrative savings offers for buyers. But is it all just hype? We recommend that you always crunch the numbers to make sure that you’re really getting a good deal since it is true that holiday weekends are great to score a discount. If a holiday weekend coincides with the end of the month, a time when dealers are also trying to hit sales quotas, discounts have the chance to soar even higher.
With over 800 vehicles in our inventory, Car Factory helps you choose the car of your dreams- brand-new or pre-owned, at great deals throughout the year! Schedule your test drive in our Miami or Hollywood and West Palm Beach locations online today at CarFactory.com or call (305) 783-3972!
Recommended Read: How To Find The Best Used Car: Used Cars For Sale in Miami, FL
You might also like: How To Choose A Used Car
Is December a good time to buy a car?
If you’re still in search of a new car at the end of the year, then you may be in luck as the new model year change for most brands as well as a lot of end-of-the-year deals that you can take advantage of.
Is January a good month to buy a car?
If you need a car in January, there’s no need to wait 11 months to get a good deal. The discounts on new cars typically follow a trend that coincides with the introduction of new models.
How do I get the best deal on a new car?
There are various tips to get the best deal while purchasing a new car. Assess your needs and budget. Consider your long-term costs. Establish a “target” price. Take an interest in financing & determine your car’s trade-in value.
Can you negotiate the price of a new car?
When you start negotiating, use your positions of strength. Your opening bid should be based on what the dealer paid for the vehicle or what you’ve established should be a fair price. Compete for bids from other local dealerships or car-buying websites. Don’t enter negotiations with a car salesperson who intimidates you. Negotiating should be a relatively comfortable win-win process.