Buying a New Car: When’s the Best Time?
When's the best time to buy a new car
by Abi Moses on 13th October, 2017
Similarly to everything in life, timing is everything when buying a new car. Buying a new car at the right time could be the difference between saving hundreds, or even thousands of pounds. Some shoppers believe negotiating is key, though there really is no guarantee your savings will justifying hours spent at the dealership. We think that doing your research and waiting for the right time to buy is the correct strategy. So, when is the right time to buy? Check out our advice below.
End of the…
You’ve probably heard that you can get a better deal on a car if you buy it at the end of the month. This true, though this isn’t just relevant for the end of the month. You can usually swing a better deal by buying your vehicle at the end of just about any period. For example, if you purchase a car at the end of the day, you are almost certainly going to get a better deal. Of course, buying at the end of the month is also a good idea, as car dealers work hard to meet monthly sales quotas.
Last Year’s Model
Another way to use timing to your advantage is by purchasing a model from the previous year. You may want the new look or features, though for some shoppers they just want the best price and won’t mind not having the added tech/extra’s.
You should certainly shop for a car during holiday weekends. You will often see car dealerships advertising huge deals around holiday weekends, and those adverts are almost always accurate. Even though you may not want to spend you holiday weekend test-driving new vehicles, doing so could help you save thousands and give you piece of mind that you got a great deal.
Are you looking to have a car on finance? Contact us today for the best options according to your budget.