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Both of these cars show that large SUVs don't have to be expensive to run. What Car? View all new car reviews. Why timing is important. Pick your month The majority of dealerships work to quarterly sales targets, which usually fall at the end of March, June, September and December.
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The best time to buy a car is usually around the end of the year, since salespeople will be trying to meet their quotas and may offer steep discounts. However, you should also consider holidays and the beginning of the week.
Certain months of the year and days of the week are better than others. Monday can be the best day of the week to buy a new car; other potential shoppers are often at work, so representatives at car dealerships are focused on anyone who comes in the door.
If the person has more time, they might throw in something extra such as free oil changes or free car washes. In terms of the best time of the year, October, November and December are safe bets. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals.
All three goals begin to come together late in the year. Moody says that the fall is generally when manufacturers begin releasing new cars, but there are some exceptions. Holiday sales can also offer deep discounts. Here are a few holidays that are especially great for buying a car:. Global parts shortages resulting from the coronavirus pandemic have caused car prices to skyrocket.
In July, Kelley Blue Book found that new-car transaction prices were 8 percent higher than prices of July , and CBS reported that the shortage could continue through Take the time before buying a new car to improve your credit score , and do research ahead of time on what you are looking for to save the most money you can.
Doing some upfront research can help you avoid common car-buying mistakes and give you negotiating power when you arrive at the dealership. Waiting for the best time to buy a car requires patience. If you can wait, time can be your ally. Cars almost always depreciate, so waiting for the right time of year to buy a car, or the right month, or the right day, can help you save thousands.
This way, you will drive off the lot knowing you did all in your power to score the best deal. How We Make Money. Rebecca Betterton. Written by.
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