BEST TIMES TO BUY A NEW CAR
Are you looking for an offer to buy a new car? In this article, we will give you a series of tips on when to buy a new car and what are the dates or the ideal times to get it cheaper.
You need a reliable car and you need it now? The good news is that you don’t need to wait until the end of the year to get a discount on the price of the car you’re looking for. There are ideal times within the year, the month and even the week to visit the dealers and reduce hundreds or thousands of euros the cost of your new vehicle.
You will notice that some of these ideal time periods overlap or coincide, which makes certain dates more advantageous to get a good price and save money.
At the end of the year
Based on the evidence, one of the best times to buy a new car is during end-of-year sales. This is a time when distributors are eager to meet and reach their annual sales quotas, so prices tend to go down.
At this time, you will find many special offers and promotions. A recommendation is to visit the dealership during the last two weeks of December, sometimes they can be offered in early autumn and continue throughout the winter.
The Black Friday could also be a perfect occasion to spot deals and discounts on sales.
In January, the best month to buy a “kilometer 0”
At the end of the year, dealers make massive registrations of cars they have not sold and have in stock. This strategy of registration of vehicles before their sale aims to expand the objectives of the dealer, lowering the price of these new cars with less than 100km. They are the so-called “kilometer 0”.
Generally, KM 0 cars can be purchased in the month of January, with discounts from 15% to 25% of the real price. This is because a vehicle, when registered, begins to lose its value over time. In addition, you save the expenses and taxes that arise from the registration process.
Come to your dealer at the beginning of the year to see if they have such offers.
At the end of each month
An appropriate date would be the end of the month or quarter. The reason is the same as the previous one, distributors have sales objectives that they must achieve monthly. They are probably still trying to reach those quotas and you can reduce the price of your new car.
In these cases, you may have some leeway to negotiate a lower price. What’s more, even with monthly goals met, many have the opportunity to earn extra when they exceed these goals and will be more receptive to adjusting the price even more.
When new car models are launched
It is usually at the end of August and throughout September when new models are presented and added to the inventory of dealers. In these cases, the new models force us to detach from the old ones, which allows us to find interesting offers.
It is in such a situation that you can find a more economical vehicle.
During low-activity days at the dealership
It is advisable to make a visit to the dealer in the hours of less activity. That is, it is more appropriate to go on a Monday or Tuesday than a Saturday, for example, since it is a day on which the dealer is likely to be more crowded. Rainy days are also a good time to challenge Mother Nature and visit the dealership.
These days, the staff of the concessionaire are usually more receptive to having fewer customers to attend, which allows for greater customer service and facilitates negotiations.
Tip: New Year’s Eve may be one of the most opportune times to buy a new car. Why?. It is the end of a quarter, a month and a year, plus a date with little influx in the dealers. Therefore, all conditions are met
Off-season
This is best explained by an example. It makes sense for demand for convertible cars to fall during the winter months. Who would want a convertible to drive in the coldest months? Approaching the dealership out of season allows you to find interesting offers, for example, buying a convertible car in winter.
On the other hand, sales of 4-wheel drive SUVs tend to be more as winter approaches, so you might consider buying them during the hottest months of the year and take advantage of the summer sales.
As you have seen, through this series of tips and recommendations you could get a significant reduction in the final price of the vehicle.