When buying a car, does it matter if it's the right timing? The timing does matter because it can influence the price of the vehicle that you want. When you know what car you know in advance, you can follow these tips to ensure that you're getting the best value possible.
End of the Month & End of the Year
Dealership needs to meet a quota every month and often offer incentives for you to buy a car. There can be regional incentives too, depending on where you live. You'll want to visit the dealership towards the end of the month so that you can negotiate the price and reap in the incentives.
The same applies to the end of the year and quarter. Dealerships are looking to get rid of the older models to make room for the newer ones. This means it'll be priced lower and there are usually a bunch of incentives buying it around this time.
Weekdays are a good time too
Dealers are not as busy during the week, so they can work with you one on one to find a car that suits your needs. Waiting till the weekends means the dealership is busy, and you may not
Look for Model Changeovers
Prices are discounted for the older models when newer models come in. You'll want to look out for this as you can get a semi recent car, lower than the year or two before. The newer models come in September or October, so this would be the best time to take advantage of a model that hasn't sold that well but is newer. Those models come with huge incentives as the dealership wants to get rid of it to make room for the models.
Try to shop online but test drive and close the deal in person
Shopping online will make things much smoother as you'll know what you're looking for. You can also check to see how much down payment you'll need to secure your vehicle.
After you get your new car, you'll need vehicle maintenance to keep it in good shape. If you need a pre-purchase inspection or service for your new car, we invite you to bring your vehicle to Auto Centric today!