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What Is The Best Time To Buy A New Car?

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What Is The Best Time To Buy A New Car?

Buying a new car is always a stressful experience. This is true for when you buy a new car and a used car. You have to think about many things and the stress can make you really anxious. Fortunately, we already know about the best possible times to buy a brand new car. Here are the most important things you need to know about this subject. 

Buy A Car In December

December is almost always the best time when you could buy both a used and a new car. This is in large part because of quotas. Let’s say that next year you want to buy a 2021 Audi RS6. The best time to do it will most likely be in December since salesmen need to make quotas. This is particularly true for used cars. There are yearly, quarterly and monthly quotas that have to be met. If they were not met, discounts appear in December. 

You buying a car can be the difference between hitting sales goals and getting a yearly bonus and not. The last week of the month of December is a wonderful time to buy a vehicle. If possible, you can even do this on the last day of the year so you can end up with a discount of up to 10%. This practically means that you can slash $2,000 off of $20,000, which can be quite a lot. 

When You Cannot Buy In December

Obviously, not all people will be able to buy a car in December. If this is you, the next best time is still related to quotas and the trick is to visit the dealership on the last day of a financial quarter, like March 31. Usually, great deals are available during a quarter’s last week but whenever possible, the last day is just better. 

When you cannot wait for the last day of the quarter, try to aim for the last day of a month. Sales managers need to deal with the monthly quota for great compensation. 

The Best Day Of A Week To Buy Your Car

If you cannot go to the dealership in any of the days mentioned above, make sure you do not try to do it on a Sunday. The principle mentioned above does not apply to weekly opportunities. In reality, the very best day when you should buy your car is Monday. 

Most people visit dealerships during the weekend. You can save around 1% more by simply negotiating on a Monday as opposed to a Sunday. Even more negotiating leverage is possible if Monday is the last day of a shopping quota period like the ones highlighted. 

Final Thoughts

Negotiating prices for vehicles in the days we talked about is much more effective than you might believe at first glance. Obviously, based on what you want to buy and from where, it might not always work. However, what has to be always remembered is that you can negotiate prices in most dealerships. Take advantage of this opportunity.

Want to read more of our buying guide posts? Check our tips for buying your first car