What time of the year is the best time to buy a new car?

Answer

When 'that' particular vehicle holds the least real value to the consumer vis a vis cost to the manufacturer. -pay attention projected yearly gas prices -look around you for mode-income (not average but the amount of income made most often in that area at that time of year). Alot of oilfield money means peopel can afford the sticker price on that suv -think of the utility of the vehicle vs your 'attention' to it which salespeople pick up on: not many people are thinking in investing in a convertable on the cold drive to work. But on the other hand seeing one all toasty warm and shiny through the showroom glass flips alot of psychological switches. Moreover, they are not only 'looking' but also 'expecting' a great deal. And thus are potential buyers or your 'competition' for that single car. -pay attention to the time of year that the new models come out: manufacturers have huge investments in specific lines of cars which must be cleared of their own accounting books. A certain bulk of money must be acheieved within a frame otherwise cutting into future profits. Bad sales for example, effects investor confidence and thus projected economic growth. AS well, cars sitting on a lot is like money sitting in your pocket, -losing value. And finally, the new line needs access to the market. For example, if in 2005, chevy consumers have 2 billion dollars in disposable income that could potenially go to buying chevy's, GM would rather have that money directed to the 2005 chevys. This means that if the bulk of 2004's havent been sold, GM would be competing with not only Ford and chrysler but also itself.

Answer

The best time in the winter because few people buy cars when it's cold. The salespersons are hungry for sales and will give you the best deal as long as you don't let their pushiness take over.

Answer

I agree, winter and end of the month are best. www.adviceontime.com has a whole article on certain key times to shop.

Answer

you can get a good deal at the end of the month because dealers have a floor plan, which means they pay a monthly fee on each car if its still on the lot.

You get a better deal at the end of the year, because no one wants to buy a last year model.

But to be honest you can get a good deal any time you go to dealer. I used to work as a car salesman, so i know how all this works. Simple way to get a good deal is go to one dealer, get a number, go to another dealer tell him to do better but already drop a price a bit, like 15-20%. Then go to third and have them beat it. You have to show them that you are ready to buy so they spend time on you and give you a good real price.

The absolute best time to buy a car is at the end of December, between Christmas and New Years. Salesmen/women are usually paid "end of month" bonuses, but many also get "end of year" bonuses. That could mean 2 bonuses for the salesperson, so he/she will do whatever they can to put you in a car.

Buy on the last (2) weeks of the December. Who is thinking about buying a car when everyone's focus on Christmas? Trust, I did this and it worked out great. They were desperate.

First answer by daen booth. Last edit by Sunnnee. Contributor trust: 36 [recommend contributor]. Question popularity: 273 [recommend question]

Can you answer other questions about Car Buying?