Best Time To Buy A Used Car
So, you don’t want to pay a lot of money for a brand new car and you are in the market for a pre-owned one. If you have asked yourself when it is the best time to buy a used car, you’ll find the answer in this article. You probably know that there are certain days of the week/month which are considered to be the best time to purchase a used vehicle. The reason behind this is because salesmen have to meet their quotas and they also have to make “room” for the new inventory. For this reason, they are willing to lower the price tag of the used vehicle, which means that if you play your cards right, you’ll be able to get a great deal for little money.
Most of the promotions you will find on used car lots are targeted towards the weekend, while some of them will extend this promotion into the next Monday. Taking into consideration that car salesman are pressured in order to perform very good during these promotions, it means that they are willing to offer bigger incentives to those who are really interested in buying a used car.
We’ve mentioned the sales quotas in the first paragraph. For this reason, you should shop towards the end of the month when the salesmen are struggling to reach their level of sales. It the salesman is having a hard time meeting his quota, it means that you will have greater chances of obtaining some significant incentives.
Another time when you could buy a used car is during the cold months of the year. The reason behind this is due to the fact that during this period, car sales are in most cases lower in comparison to the rest of the year. Sales are very low around the holidays so it is highly recommended to start searching for a car during the Christmas time and get yourself an affordable gift.
The best time to buy a used car might be during the period when the newer model of a car that is not in high demand is introduced as the salesmen will try to get rid of all the “obsolete” models in order to make room for the new one.
In addition, make sure that you take a closer look at those cars that have expired leases where the people have decided to trade in these old models for the new ones. This would be a great opportunity to buy a used car that is in perfect shape for a very good price.
Once the New Year arrives, car dealers will want to introduce the new cars and for this reason they’ll most likely offer pretty attractive incentives and promotions for the cars that they are “stuck” with.
If you want to buy a used car from a private seller, there is no best time to do it. Basically, throughout the entire year you can find some good deals so get the classifieds and start researching.
Source: insidecarsecrets.com, life123.com