It shouldn’t come as a surprise that car prices fluctuate from dealership to dealership. However, what you may not know is that by simply taking advantage of the time of year you could save thousands of dollars on a new car. Want to know when to buy a new car? We’ve got you covered!
When to Buy a New Car
What’s really the best time to buy a car and sell yours? Simply put, whenever you need a new car. Car prices are vastly dependent on the market, dealership, and current promotions. So when you’re shopping for a new car don’t sacrifice your peace of mind for “perfect timing.” Dealerships run specials all year long, all you may have to do is some price hunting. That being said, there are some commonalities when it comes to getting the best bang for your buck.
Best Month to Buy a Car
What’s the best month to buy a car? Many will say December. However, It really depends on the type of car and how new of a model you want. In December, dealerships and salespeople are trying to meet their annual and quarterly quotas, and they’ll happily knock the price down to make a sale. But, you might not get the newest model that you want, and the options may be picked over.
If you want the newest models and a wide variety of interior and color options, December may not be the best month for you. The “sweet spot” for car buying lies between August and October. This the time of year when dealerships offer the most frequent special promotions and are actively making room for newer models. Interestingly, if you are looking to buy a truck, the best month is October.
Best Months to Buy Cars:
- October: Trucks
- May: Memorial Day weekend sales
- August-October: Dealerships lower prices to make room for newer models.
- December: Dealerships and salespeople lower prices to meet quotas.
Best Time of Year to Buy a Car
Depending on your needs, the best time of the year to buy a car will fluctuate. If you are looking to sell your car, make sure to consider CashforCars.com! We know buying a new car can be time-consuming, and that’s why we make selling your car easy! Within 24 hours, you can have cash in your pocket to buy a new car!