3 Times of the Year to Buy a New Car
Buying a new car is a big financial commitment, but securing the best deal is sometimes all about timing. Although dealerships offer discounts and attractive incentives to buyers throughout the year, you have to know when to take advantage. If your purchase isn’t urgent, you can maximize your savings by planning ahead. Here are the three times of year to go new car shopping.
When to Get the Best Deal on a New Car
1. End of the Month
Dealerships generally have monthly sales goals and quotas to hit. They, therefore, may be willing to give you their best price at the end of a month. Start shopping, test driving, and researching manufacturers’ incentives before you buy, but wait until the close of a month to negotiate a purchasing deal.
2. Holidays
Most retailers have sales around the holidays, and car dealerships are no exception. You can secure an excellent promotional price on Memorial Day, Labor Day, the Fourth of July, and Black Friday. Cash-back rebates and special financing options are often tied to holidays, too. Also, target Christmas Eve or New Year’s Eve for buying, as dealers try to move excess inventory before the start of a new year.
3. End of the Year
As the calendar year comes to a close, dealerships need to make room for new inventory and sell off this year’s models. As a consequence, some offer their lowest prices of the year in October, November, and December. You can secure a significant discount on a new car during these three months. The last few days of December, in particular, are a prime time to get a new car discount.
If you’re in the market for a new car, the staff at Jack Kain Ford in Versailles, KY, will assist you in finding the most suitable vehicle for your needs. They have a large and diverse inventory and take care of financing in-house. This family-owned dealership proudly serves residents throughout central Kentucky with high-quality vehicles at competitive prices. Call (888) 685-1211 to ask about current and upcoming promotions, or visit them online to browse their selection of new automobiles.
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