answersLogoWhite

0

  • Car Buying
  • Repossession
  • Used Car Buying

What time of the year is the best time to buy a new car?

User Avatar

Wiki User

βˆ™ 2011-12-20 22:00:04

Best Answer
Copy
  • When 'that' particular vehicle holds the least real value to the consumer vis a vis cost to the manufacturer. -pay attention projected yearly gas prices -look around you for mode-income (not average but the amount of income made most often in that area at that time of year). A lot of oilfield money means people can afford the sticker price on that SUV -think of the utility of the vehicle vs your 'attention' to it which salespeople pick up on: not many people are thinking in investing in a convertible on the cold drive to work. But on the other hand seeing one all toasty warm and shiny through the showroom glass flips a lot of psychological switches. Moreover, they are not only 'looking' but also 'expecting' a great deal. And thus are potential buyers or your 'competition' for that single car. -pay attention to the time of year that the new models come out: manufacturers have huge investments in specific lines of cars which must be cleared of their own accounting books. A certain bulk of money must be achieved within a frame otherwise cutting into future profits. Bad sales for example, effects investor confidence and thus projected economic growth. AS well, cars sitting on a lot is like money sitting in your pocket, -losing value. And finally, the new line needs access to the market. For example, if in 2005, Chevy consumers have 2 billion dollars in disposable income that could potentially go to buying Chevy's, GM would rather have that money directed to the 2005 Chevy. This means that if the bulk of 2004's haven't been sold, GM would be competing with not only Ford and Chrysler but also itself.
  • The best time in the winter because few people buy cars when it's cold. The salespersons are hungry for sales and will give you the best deal as long as you don't let their pushiness take over.
  • I agree, winter and end of the month are best.
  • You can get a good deal at the end of the month because dealers have a floor plan, which means they pay a monthly fee on each car if its still on the lot.
  • You get a better deal at the end of the year, because no one wants to buy a last year model.
  • But to be honest you can get a good deal any time you go to dealer. I used to work as a car salesman, so i know how all this works. Simple way to get a good deal is go to one dealer, get a number, go to another dealer tell him to do better but already drop a price a bit, like 15-20%. Then go to third and have them beat it. You have to show them that you are ready to buy so they spend time on you and give you a good real price.
  • The absolute best time to buy a car is at the end of December, between Christmas and New Years. Salesmen/women are usually paid "end of month" bonuses, but many also get "end of year" bonuses. That could mean 2 bonuses for the salesperson, so he/she will do whatever they can to put you in a car.
  • Buy on the last (2) weeks of the December. Who is thinking about buying a car when everyone's focus on Christmas? Trust, I did this and it worked out great. They were desperate.
  • I think there is no specific year, it depends on the market availability. Its best buy new car when its already paced out or not hot cause you can have for a cheaper price.
  • It depends on what deals are being offered and who you know. Any time is a good time if you can buy a car from a family member if they're a sales person of course.
  • If you don't have a lot for a down payment, GM's 72 hours of 0% finance charges was a great time to buy a car a couple of months ago. In late August/early September the end of year models are being cleared out, so it's also a good time to buy.
2011-12-20 22:00:04
This answer is:
πŸ€“
🀯
πŸ€”
User Avatar

Your Answer

Loading...

Related Questions

What is the best time to buy a car after a repossession?

When is the best time to buy a car? In summary the best time to buy or trade in a car will be as below: End of Year End of Month Monday to Friday


When is the best time to buy a car?

The best time to buy a car is at the beginning of spring because it is easier to take care of when there is no snow. If you live in the south where it never snows, you can buy it anytime during the year. when you get you income tax.


When is the best time to buy a car throughout the year?

The best time to buy a new car is in September or October. This is when the new line of cars come out and the dealers must make room for them and you can usually get a good deal on the "leftovers" of the previous year.


What time of year is the best time to buy a new car you've always dreamed of?

Anytime if u can afford it


When is a good time to buy a used car?

The best time to buy a used car is at the end of the year when the new models are about to roll out. They usually give great discounts to hurry and get rid of the older models.


What is the best car to buy for 16-year-old girl?

the best car for a 16 year old girl is Nissan maxima. I will buy Nissan its very cool.answered buy a: 13 year old girl.


What is the best time of year to buy a convertible car seat?

More thank likely right before Christmas.


What is the best time of year to buy a car?

Some feel that the best time is when the new models are coming out and you get a really good deal on the left over previous model.


Best time to buy a car?

The best time to buy is in late Fall and the Winter. Spring/Summer are peak seasons.


When is the best time of the year to buy a used car?

Depends on how the dealer buys insurance for the car. Most dealers buy insurance on a monthly basis, some don't. So for a dealer the best time would be at the end of the month, when they are more likelly to lower the price to sell the car. Also at the end or sart of the year. This is when dealerships want to sell and fast. If you buy from a private party, then it really doesnt matter.


When is the best time of year for Mercedes Benz sales?

Since Mercedes Benz sales events appear to vary depending on the year, sales may be best during the end of year, and when newer models are being introduced. Some research suggests that the best time to buy a car is at the end of the year when car dealerships are trying to fill end of the year quotas.


What is the best 2 year old car to buy?

Hyundai Sonata


Whats the best time of year to buy a freightliner?

The best time to buy any car or truck is at the end of the month, when salesmen are trying to make their quotas quickly. Depending on the type and condition you are looking for, it could be anywhere from $9,000 to over $20,000.


If you buy a new car and decide you do not like if after a year what should you do?

trading in the car is probably your best option or you can sell it :)


Is a range rover a good car?

yes it's the best car you'll ever buy in your life time!


Is a new car or used car better for someone on a budget?

A used car is always the best buy. A new car looses value the minute you drive it off the lot. A 3 year old car is usually your best buy. It will have low mileage and still have plenty of life left.


What is the best time to buy a car?

I am a buyer and have been researching this question. Here are my findings and most experts, bankers, salespeople... agree: if you are not particular but want a really good deal, buy last year's leftover models in early spring. Next best time is between Christmas and New Year when people are short on cash and the auto business is real slow. If you have to buy at any other time of the year, the last weekend of the month when salespeople have monthly quotas to meet and no time left. It is less expensive to buy a brand new car now, opposed to 2 or 3 years ago. Make sure to expand your search to find the car you want at the best price available!


Where is the best place to buy a car?

the best place to buy a car i guess is at a place were people normally get cars.


How long do people keep their car?

The amount of time that people keep their car varies greatly. Some people buy a car and keep it until it is no longer running. Other buy a new car each year.


What is the best car to buy in Egypt?

The Hyundai Elantra is the best car to purchase when in Egypt. This car is ranted third on the list of best cars to buy around the world. This is a highly recommended car for 2013.


What warranty does Best Buy Electonics offer with their programmable car remotes?

Best Buy offers 1 year warranty for many models of car remotes, and free replacements should there be any immediate problem upon purchase of the remote.


What is considered the best japaneese car?

IMO, the Lexus is the best Japanese car you can buy.


Where to buy original car remote key?

BEST BUY!


What is the best time of year to buy a used car?

Best time is at Christmas. Usually sales are slumping during December do to everyone shopping for Christmas. I bought a used car on Christmas Eve at a great discount becasue the sales manager just wanted to hear the cash register ring once during the day.


What should you look for when you buy a used car from an owner?

Any time you buy a used car the owner isn't going to be completely truthful. Your best thing to do when buying a used car is to ask for the VIN so you can do a carfax.