Planning to get a new car because your current car always fails you on the road? Well, getting a good deal on a new or used car is not just about your negotiation skills. It also depends on the time you buy it. Knowing the best time get a car could potentially save you hundreds or even thousands of dollars.
Here are some useful tips to help you score the best possible car shopping deal.
- During the months of February and August, many dealers offer some real bargains. It is because the sales during these times are usually slow as buyers wait for the new number plates coming in March and September. So take advantage of it.
- At the end of each quarter, usually at the end of June and December, many dealers are keen to reach their quarterly sales targets. And you know what that means, right? They are desperate to boost their sales performance so you will most likely receive a good offer.
- Look to buy early in the week. If you don’t want to shop with a lot of people, then do the car shopping during weekdays, particularly Monday or Tuesday. Salespeople normally have their hands full with a large number of shoppers during weekends so shop early in the week to get you more personal attention.
- Make your offer later in the day. A salesperson may be more amenable as the minutes tick down to closing time, particularly if he or she has yet to close any deal for the day.
- Check the outgoing models. Shop for last year’s models just when the new ones are just rolling into the showroom. Dealers would want to sell new cars and they will be more willing to offer better deals on older models to get them off their lot.
Have You Considered the Benefits of Getting a New Car?
There’s nothing like the feeling of getting a new car, particularly if your current vehicle always breaks down during the most inconvenient hours. But as always, you must consider the cost. Generally, cars depreciate in the first two years by as much as 30 to 40 percent. So do the math. The car you pay $25,000 today may only be worth $15,000 just a couple years from now.
On the other hand, sticking to your old car that requires regular repairs may not be a wise decision. Having a crappy old car may seem to save you up-front money, but it will actually cost you a lot more in the long run.
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