Best Time to Purchase a Vehicle for the Best Rates
Purchasing a new vehicle can be stressful. Making sure you get right right car for you and your family is a big decision. On top of finding the right car, you must also find the right price. This is where it can get tricky. Finding the right vehicle at the right affordable price, can be hard, but we have some tips and tricks that will hopefully make your car hunting experience better.
It is important to know when the best times of months and year are to purchase a vehicle. This can save you tons of money, if you know these few tricks.
- Purchase at the end of the month – auto dealerships often have quotas they have to meet by the end of the month. If they are really close to hitting their goals, aka bonuses for them, they are willing to sell cars a little cheaper to hit these goals.
- When new models drop – this pretty much goes for anything in retail. When the newer version of an item comes out, the older version drops in price. Cars are no different in this way. When you have a car you want to purchase wait until the new model comes out, the price of yours is likely to drop.
- Purchase at the end of the year – Dealerships don’t want to take a ton of last year’s model into the next year. They will be more motivated to get rid of stock and make room for newer stuff for the beginning on the year.