If you’re wondering about the best time to buy a used car, it may surprise you that the holiday season can be an opportune time to make this purchase. While there are various opinions on the best time to make this purchase, many sources suggest that the holidays present unique advantages for buyers. Below, we explain why it’s a great time of year to make this type of purchase and offer some helpful tips for doing so.
Take Advantage of Year-End Sales
One of the main reasons why the holidays are considered a favorable time to buy a used car is due to year-end sales events. Dealerships often offer discounts and incentives to close out the year on a high note. New Year’s Eve and Christmas Eve, in particular, are noted as especially good holidays for car buying. These sales can present an excellent opportunity to save money on your used car purchase.
Shop in the Fall
Another advantageous time to buy a used car during the holiday season is in the fall. During this time, dealerships may offer discounts on existing stock to make room for new models. By shopping in the fall, you may find better deals on used cars compared to other times of the year.
Negotiate at the End of the Month
Whether you’re buying a used car during the holidays or any other time, negotiating at the end of the month can work in your favor. Salespeople often have monthly quotas and annual sales goals to meet. As the end of the month approaches, they may be more willing to negotiate and offer better deals to close the sale. Use this timing to your advantage and potentially secure a better price on your used car.
Consider the Holiday Spirit
The holiday season is synonymous with generosity and giving. Capitalize on this spirit when shopping for a used car. Salespeople may be more inclined to offer additional incentives or perks during the holidays, such as free maintenance packages or extended warranties. Don’t hesitate to negotiate and ask for extras to sweeten the deal.
The holiday season can be the best time to buy a used car. Year-end sales events, discounts on existing stock, and the potential for added incentives can contribute to better deals during this time. Whether you decide to shop during specific holidays or take advantage of end-of-month negotiations, remember to research, compare prices, and inspect the vehicle thoroughly before making your final decision.
Stop by or contact us at Auto Action today to learn more about our used vehicles and see our inventory!