When is the Best Time to Buy a Car?
Are you on the hunt for a new vehicle in the Union County or Bridgewater area? How do you know if you are getting the best possible deal on your new ride? You may be wondering, “When is the best time to buy a car?” There are several points throughout the year where you can take advantage of significant savings. Springfield Acura dives into the details below.
End of the Year / End of Month / End of Model Year
If you are shopping for a new vehicle, we highly recommend shopping during October, November, and December. Dealerships want to meet their sales quotas, and because of this, there may be even more incentives available when you make your purchase.
Not only do you want to watch for the end of the calendar year, but the end of the model year as well. This is when the newest version of a model starts to arrive at dealerships, and dealerships are looking to clear their inventory of the older version. Most new versions start to arrive in the fall, but that’s not always the case. When you begin seeing press reviews of a new model, it will likely arrive in showrooms soon.
Holidays
Shopping around the holidays can also lead to significant savings for Staten Island shoppers. Be sure to look for discounts around these dates:
- Presidents Day – Consumer activity tends to be slower during the first few months of the year, so vehicle manufacturers usually offer great deals at this time.
- Memorial Day – Newer versions of vehicles start to arrive around this time, and that means dealerships are lowering the cost of vehicles currently on the lot.
- Fourth of July – While you may not see the largest discounts of the year at this time, you can still expect sales around July 4th.
- Labor Day – This is often the busiest time for buying a car, which means you can expect incentives for the holiday weekend.
- Black Friday – Along with most of the retail industry, you can expect car dealerships to join in on the Black Friday craze.
- New Year’s Eve – At the end of the year, dealerships want to meet sales goals, so you can try and negotiate a great deal when shopping on New Year’s Eve.
How to Get the Best Deal at a Dealership
Along with shopping at the right time, there are other ways to ensure you receive the best possible deal when you shop for a vehicle in Springfield Township.
- Set a budget and stick to it. Use our payment calculator to see what you can afford monthly.
- Do your research to avoid making any of the most common car-buying mistakes.
- Boost your credit score if possible. If your credit score is not quite where you want it to be, there are ways to make improvements before you make a vehicle purchase. The better your credit score, the better the rate you receive.
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Visit Springfield Acura Today
If you are ready to make your dream car a reality, visit our showroom to see what we have in store. Contact us today if you have any questions.
