Car buying is one of the most important purchases an average man does in his whole life, everything should be done correctly while taking such an important step in one’s life. While preparations, negotiations and homework are all right, another question that arises in the minds of many people is does time also matter when you buy a car? The answer to this question is yes, in fact, time plays an important role in determining the cost of a car you want to buy. While it is true that rates of cars fluctuate up and down from time to time, but there are some specific times when the rates are bound to come down and hence you should always determine the time of buying aligning it to such specific dates.
In this article, we will answer your question as to when is the best time to buy a new car and by this, we’ll guide you through the process of how time really works in affecting the prices of cars.
Best days in a Week
Usually, it is seen that weekdays or Mondays, Tuesdays and Wednesdays are considered the best days in the week to buy a car. The reason for the same is very simple, people tend to do such type of shopping when they have time aplenty which is usually during the weekends and hence you mostly see overcrowded dealerships with inflated rates of cars and divided the attention of salesperson during this time. Contrary to this, weekdays see fewer people going to dealerships, you get personal attention from a salesperson and if you are lucky you might get a deal from the dealership just to prop up the sales, which is usually the case for weekdays.
Best Time in a Month
The Best time to buy a car in a month is during the end days of that particular month simply because at this time salespersons are usually under a lot of pressure and stress and they are working their hardest to make you buy a car in order to achieve monthly targets. What this situation does is it opens the way for real negotiations from your side, by analyzing the level of urge from the point of view of the salesperson you can easily get yourself a good deal by either getting intensives or by cutting the sticker price itself. It should always be remembered that end of the month doesn’t mean the last date of a month, months usually work in complicated ways and it is the best that you visit car dealership during dates of 26, 27, 28 where this type of situation is confirmed to be present.
Best Month to buy a car
End months of a year starting from October until the end of December can widely be regarded as best months to buy a car. During this time many holiday seasons are there and the usual pressure on dealers to reach early sales target is also present. A good mix of both these factors can provide you with the perfect situation to either negotiate a good price or get one through already running offers and incentives. This time of the year always witnesses a larger buyout of cars, compared to other months of the year due to the same reason as mentioned above.
Another spectacular time to buy a particular car is when a model change is announced or a newer model of the particular required car is about to get released or is released. This time creates a situation wherein the manufacturer, as well as dealers, are in a hurry to clear older models to make way for newer models and you can perfectly use this situation to your advantage. Mind it that this is usually the time when prices can drop by thousands of dollars especially when the newer model has already been launched in the market.
Particular Holidays of Year
Apart from specific months, weeks and days, there are also some specific holidays which are more or less the best time of the year to buy a car solely because of the huge discounts and incentives that are given to customer resulting sometimes in overcrowding, overbooking and even fights. Memorial Day, Black Friday and New Years’ Eve are the three major holidays amongst all during a year.
For buying a car, time is always your ally. If you know how to be patient and wait for the perfect time to do things, then car buying will be simple for you because values of cars depreciate over time and waiting for the right time to buy yourself a car can save thousands on your part. As they say, the only thing sweeter than a new car is knowing that you paid less to drive it.
Description: Buying a car is a tricky task, and while preparations, negotiations and homework are all right, another question that arises is in the minds of many people is does time also matter when you buy a car? The answer to this question is yes, in fact, time plays an important role in determining the cost of a car you want to buy. In this article, we will answer your question in detail as to when is the best time to buy a new car and by this, we’ll guide you through the process of how time really works in affecting the prices of cars.