Shopping for a car can be exciting, but finding the right deal can be tricky. Dealerships don't always make prices clear, making it important to know the best times to buy a car. In this guide, we'll share tips on when to get the best deals and how to make the most of your trade-in.
Finding the Best Time to Buy a Car:
-
Shop on a Weekday
While weekends may seem convenient, they're busy for dealerships. Salespeople might not have enough time to help you. Try going on a weekday, especially Monday. People are focused on work, which means more attention for you.
-
Follow the Sales Bonuses
Salespeople and managers earn commissions and bonuses for selling cars. Visiting at the end of the month, quarter, or year, when they aim to meet targets, can lead to better deals.
-
Follow the Production Schedule
When a new model is about to arrive or the current one is ending, dealerships want to sell the older models. This leads to big discounts. Check online for production schedules or watch for announcements from automakers.
-
Focus on Holidays
Some holidays coincide with key points in the automotive cycle, making them great times for deals. Look out for discounts around the end of the year or before new models arrive.
Getting Rid of Your Old Car:
-
Trade-In Value vs. Loan Balance
Compare your trade-in value to your loan balance. If the trade-in value is higher, it's a good time to consider a new car. The dealership may pay off your entire loan.
-
Repair Costs vs. Monthly Payment
If your car costs more to repair each year than a monthly payment on a newer car, it might be time for an upgrade. Calculate your monthly repair costs and see if they match a new car payment.
Conclusion:
Buying a car is a big decision, and getting the best price is important. Knowing when to shop can make a huge difference. Consider shopping on weekdays, at the end of specific periods, during model transitions, and around holidays. Also, pay attention to your old car's trade-in value and repair costs. With these tips, you'll be well-prepared to find the perfect car at the best price. If you prefer a hassle-free experience, consider buying from Empire Auto Group, where you get straightforward pricing and easy financing. Happy car shopping!
No comments yet