If you are planning to buy a car, you know very well that you need to choose one wisely. This takes some careful thought and planning, as you have to think about what you need and what suits your lifestyle, you have to think about your budget, and you have to consider the car’s reliability, durability, quality, and the features you would like. But while there’s no denying that there are a lot of choices out there, there are some additional things you should also think about so that you can really make the best decision. This includes the best time to purchase a car. So, when is the best time? Let’s find out.
- The time of the year
You may not have thought about it (and not many other people do), but there is a good time of the year to purchase a vehicle. Of course, not everyone may have a choice when it comes to buying a car; your current one may already be broken down or even stolen, and you have to find a new one right away. But if you do have a choice and you can wait, there are some specific times of the year when you may be able to get a good purchase.
Experts would agree that the week prior to Christmas until New Year is an excellent time to buy because at this time, not many people are going car-shopping. This is also the time when dealers are aiming to reach their end-of-the-year goals, which is definitely a good opportunity for you. If you have it in mind to buy a pre-owned or used vehicle, even better. Manufacturers often give customers significant rebates just before the year ends, so the remaining car models are cleared out.
If you are thinking about a more recent car model, January to February is also a good time, because, during these months, sales can be slow, and manufacturers usually only raise their prices near the end of the year. Some holidays also offer excellent opportunities for buying a car, including July 4th, the weekend of Thanksgiving, and Memorial Day.
- The time of the month
Most dealerships will follow a monthly cycle, which means that commissions, bonuses, and sales are often calculated on the month’s last day. Many dealerships also make more profit due to bonuses from manufacturers when they reach specific sales objectives and goals – and if it is near the end of the month and a dealer hasn’t reached these goals, there is more pressure for them to sell vehicles at this time. In other words, the best time for you to buy during the month would be the last four to five days. This is especially true during the last day of the month – you may be lucky enough to strike a great deal then.
- The time of the week
There is also a specific time of the week when it’s best to buy a car, and this is on slow days such as Monday until Thursday, as confirmed by experts in used cars in Evanston WY such as Rocky Mountain Yeti Evanston. During this time, dealerships don’t get a lot of foot traffic, and you will not only be given more personal attention, but you may also get a much better package. The worst time to go to a dealership would be on the weekend because this is the time when a lot of people decide to visit. Keep these things in mind, and you should be able to get your new car in no time.