Friday, December 27, 2019

Missed Black Friday? 4 Best Sales Times to Buy a New Car

Shopping for a car? While many wait until Black Friday to go hunting for the best deals at the dealership, this isn’t the only option. If you plan to buy a new car in the future, keep the following information in mind.

Take Advantage of Holiday Sales

Shoppers that miss Black Friday aren't quite out of luck when it comes to getting the best deals on their vehicles. Many dealerships offer competitive pricing during other holidays throughout the year. After Black Friday, the next holiday to prepare for is New Year’s Eve. This holiday is often overlooked and is one of the best times of the year to buy a car.

On New Year’s Eve, many car salespeople have to meet their monthly, quarterly, and yearly quotas. Oftentimes, they’ll jump at a deal for anyone that is in the market to buy a car.

Wait Until the New Models Arrive

When shopping for a car, try waiting until the new models arrive at the dealership. When dealerships receive their newer models, they’ll be forced to sell off the older stock as soon as possible. By holding out, the buyer will be able to find new or used models at the best discounts.

If you’re waiting for new models to arrive, be sure to do your research. Most manufacturers release these models during the summer, so be prepared to start shopping then. As many shoppers use this buying strategy, waiting until after summer may be too late.

Buy Later in the Year

Just as New Year’s Eve is one of the best times to purchase a newer car, waiting until the last few months of the year is a feasible strategy as well. October, November, and December are all excellent times to buy a new car. If you can’t wait until the very last day of the year to buy new ford cars for sale, you’re still likely to find a salesperson willing to cut a better deal later during these months.

Visit the Dealership in May

Many buyers choose to begin shopping for cars once the weather begins to clear up, making May a popular time to go car shopping. Buyers that can wait until the end of May can cash in on Memorial Day car deals. Moreover, many manufacturers provide lease incentives and special finance deals at this time, making late May ideal for car shopping.

Don’t overspend when buying a car. By strategically waiting until the right time of year to purchase your new car, you’ll be able to get the best deals on your new vehicle.

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