Are you looking to buy a new car in 2020? Time the purchase of your car in the right manner by understanding the scheme of things at the dealership. Be on the lookout for last year’s models during summer, buy during the beginning of the week and leverage all holidays to ensure you save thousands while purchasing your next car.
Buying a car and choosing the perfect time for buying a car makes all the difference. For starters, the price of cars keeps fluctuating throughout the year. However, if you time right for your car purchase, you can save thousands of dollars. Understanding a few tricks of the trade and researching enough at your local dealerships will give you an idea of the right time to purchase a car.
Timing is everything: Time Your Car Purchase to Grab the Best Deal
The following points will help you to understand the process of buying a car and how the role of right timing can be beneficial for you.
1. Be on the Lookout for Last Year’s Models
When dealership launches a new car model, dealership struggles with the inventory space. As dealers have limited space for display, they want to get rid of the old car models as soon as possible. Most car manufacturers release new car models in the summer months of July and August. Therefore, do not wait until the next winter to purchase a new car as manufacturers put heavy discounts on the last year’s models.
2. Check the Calendar
The best way to optimize your car savings is to time your car purchase earlier in the week and later in the month. The best day in the entire year to purchase a car is 31st December. The last day of the last month of the year will make the dealers slash their prices down drastically. Additionally, the start of the week will help dealers give better prices which will lead to greater savings. In the year 2020, August 31st is a Monday and also the month where new car models are released, thereby giving you a chance to time your car purchase to avail maximum discounts and savings.
3. Leverage All Holidays
The days such as Hanukkah, Memorial Day, Labor Day and 4th of July have huge discounts due to the holidays. While the dealership may be crowded, you are sure to get some solid discounts and incentives on the car. Make sure you research all the dealerships and figure out the one that offers the most benefits. Other than cash backs and incentives, you can also negotiate a lower interest rate and save on your auto loan. Therefore, it doesn’t hurt to time your car purchase on a holiday and avail hefty discounts.
Car Buyers! Be in the Right Place at the Right Time
Obtaining the best car deal is all about being in the right place at the right time. If you prepare and plan the purchase of your next car, you are sure to receive a great deal. The only thing nicer than purchasing a new set of wheels knows that you paid less and saved more.
Now that you know how important it is to time your car purchase, make sure you are ready for the process with pre-approved auto financing. Having an auto loan ready means, you will be able to take advantage of reduced dealer prices and buy a car quickly.
Childhood Gastrointestinal Cancer: Save our Children
In addition to leukemia, brain tumor, and bone cancer, young children are at risk of developing GI cancers. Learn more about pediatric gastrointestinal cancer and spread awareness. Remember that early detection and early treatment can save our children.
Down Payment: The Smart Way to Buy a Car with Bad Credit
Now that we are trying to return to routine, you may need a car to get back to your place of work. Do not worry if you have a bad credit history. Buying a car is now possible for everyone, especially if you can manage a decent down payment amount.
How to Buy a Car during the Winter Season?
Have extensive knowledge of the year-end offers and festive discounts at car dealership lots. Learn more about auto financing programs and get ready to save money while buying a car during the Winter season.
