When is the Best Time to Buy a Car?

Best Time To Buy a Car

The best time to buy a car actually might be when you need it the most. However, if your need for buying a car is not urgent and you want to maximize your objective, there are some dates on the calendar that will help you find the best time to buy a vehicle!

The following are the best times to buy a car throughout the year to visit a car dealer shop and get the best deal:

Late in the Month

The last week and the last weekend of the month are the times when a car dealer staff needs to sell the final car in order to meet their target. They may be willing to negotiate on the car price of the vehicle.

End of the Model Year

Late summer or Labor Day is when new model year cars will start to reach dealerships. With auto dealers ready to free some space, it’s a good time to get the car you need at a discounted price. While Labor Day sales events is an early chance to check such offers, auto dealers will be aiming to move outgoing models out of their shop.

Black Friday

The car buying stars align with this day. There are some discounts on outgoing models, auto dealers may offer their own price reduction, the holiday falls at the end of the month and a massive marketing buzz surrounds the event.

End of the Year

With both dealers and manufacturers searching for a way to finish the year on a good level, this is one of the best time to get a good deal, especially on leftover and outgoing vehicles. December has the highest discount on the manufacturers suggests retail price.

Early In the Week

Weekends are one of the busiest days for auto dealers. Therefore, timing an early visit during the week on a Monday or Tuesday, when their demand is low, may help find the right time to buy a car at a good price.

Get a Pre-approved Financing

When it’s time to buy a car, Car Loans of America may be able to simplify your process. You can apply for financing through our website and completing the application in a few minutes, you will get approval as quickly as possible. You will also have access to an instant loan.

With pre-approval, Car Loans of America consumers will be able to enter into the shop of auto dealers with the assurance of getting a great deal.

When you’re financially ready

You’ve checked your credit score, compared competing offers and evaluated all of your finances, take into consideration the points mentioned above.

Contact us today for your loan requirements. After securing the loan, you can visit a reliable auto dealer shop to purchase a truck, car or SUV. You can check our website to learn more and apply for a loan.