When is the best time to buy your next car?

Perhaps you didn’t think about it before, but have you considered when – and not why – you should buy your next car? When is the best time to buy your next car?

Because “when” matters!

Depending on the type of vehicle you wish to purchase, the time of year you make that purchase makes all the difference. You should keep a close eye on the calendar before making the plunge.

By waiting only a couple of weeks, or perhaps months, you can literally save thousands of dollars on the same vehicle and model type. It’s that simple. The question now becomes – what factors do I need to consider?

That’s precisely what we focus on here. Below, we delve into some great tips you should consider before purchasing your next new or used car.

Best Time to Buy your Next Car

You’re tired of your old car. It’s barely moving and, when it does, it gives you nothing but a headache. It’s time to buy a new car. Here are some things you need to think about:

• Never purchase a convertible during the summer. Always purchase this type of car in the winter when prices are likely to be much, much lower. This applies to both new and used cars.
• Think about the used car dealership in question. They want to reach certain sales targets at various points throughout the year – particularly at the end of important quarters such as June and December. You’re much more likely to grab and/or negotiate a bargain at this time compared to other times of the year.
• Above, we talked about winter and convertibles. The same logic applies to other car types. For example – 4-wheel drive vehicles are in demand during the Autumn and Winter months (not least due to poor weather). You’re more likely to grab a bargain for this vehicle type during the warmest Summer months.
• Keep an eye on vehicle models which are due to receive a substantial aesthetic upgrade. The great thing about this is that new and used car dealerships will likely want to remove the “old” model as soon as possible. This means you can get a bargain in the few weeks before the “upgrade” is due to be released.
• Like many businesses, new and used car dealers have targets. They want to reach these targets not only at the end of each quarter but also at the end of each week. By entering the dealership on Friday, the used car dealer is more likely to negotiate a significant reduction in price to meet their sales target. In contrast, they are less likely to negotiate such a discount on a Monday or Tuesday.
• Newer models, or updated models, are more expensive as soon as they are released onto the market. Wait a couple or weeks, or even months, before making the purchase. The vehicle cost is likely to be much, much less.

And that’s pretty much it! Much of what we’ve talked about is common sense, yet it’s something that many people simply don’t think about. Don’t go into a dealership without having the facts to hand. You’re likely to pay much more than you need to.

When you enter your next new or used car dealership, always negotiate on price. Don’t accept the first price that comes your way. That sale means more to the used car dealer than it does to you. Keep this advantage in mind to drive down that price.

Vegas Used Cars is the leading used car dealership throughout Las Vegas. Check back to our used car blog soon for even more great tips and strategies and even more on the latest news to hit the automotive world.