When is the Right Time to Buy A Car?
Your lease is about to expire or your vehicle is on its last leg or circumstances have changed and you need something different. Whatever it may be, you are or may soon be on the market for a new-to-you vehicle. No doubt you’re wondering, “When is a good time to buy a car?”
To optimize your chances of netting a deal, wait for one of these ideal times to make your move:
1. Once you’ve done your research
This may sound cheeky, but seriously, take time to study your options. Look at the vehicle that caught your eye, and look at its competitive set. Even if you’re dead set on a particular model, research can help you negotiate a better out-the-door price on the one you want.
2. After a model change
That newly redesigned vehicle is about to hit dealership lots? Last year’s models are likely priced to sell to make room for the new inventory.
3. At the end of the month/quarter/year
At these times, salespeople are extra motivated to hit their sales goals and unlock bigger commissions. This means favorable deals are possible. And if you can visit them early in the week, your chances are even better as in-store traffic is usually slower than on the weekend.
4. During holiday sales
Dealers often offer attractive discounts on new vehicles around major holidays. This is good news for those looking for a great used vehicle too as dealers take on a higher volume of trade-ins.
5. As lease terms expire
The average new vehicle lease expires after three years. So, if you’re looking for a great used vehicle, identify a three-year-old model you like. There’s a good chance they’ll soon be offered as a Certified Pre-Owned (CPO) vehicle. Look for CPO offerings to find a sweet deal on a well-maintained ride.
6. Anytime at RubyCar
Specializing in late-model, low mile, accident-free used vehicles, every RubyCar is always competitively priced to market. You can shop a variety of exceptionally maintained brands from various manufacturers and buy with confidence.
Final thought: Patience is the name of the game. When to buy a car should be most dependent on when you feel ready. Take time to complete ample research and know your numbers. Wait for one of these ideal times to increase your chances of scoring a heck of a deal. Or visit RubyCar to discover a spectacular ride at a great price today.
