The end of the year is one of the best times to buy a new car. Here are some things to remember so you get the car you want at a reasonable price.
Buying the older year model car could mean you save hundreds compared to buying the next year car. If you don't mind a car that is a year older than the latest models, then the best option is to get the older model car. Pay attention to the gas mileage of the cars. Most cars will not change that much from year to year. Newer cars will often have more incentives and extras offered by the dealer compared to older cars.
When car dealers have the existing year still on the lot, they will reduce the price in order to get the car sold. This is not because there is something wrong with the car. It is simply because the dealer is making room for the new inventory. Cars will depreciate over time, and the older the car is, the more it will depreciate. However, just because the car is one year different, does not mean there will not be warranties on the older car. Some of the newer cars have more safety features. Buying a car really depends on what you are looking for in a vehicle.