Asked by: Nayua Enzunzaasked in category: General Last Updated: 3rd January, 2020
Which month is best to buy a car?
For those of you who don't think in financial quarters, this basically means:
- March 31st (last day of Q1)
- June 30th (last day of Q2)
- September 30th (last day of Q3)
- And of course, December 31st (last day of the year, and Q4)
Consequently, is December a good time to buy a car?
For car buyers, December has the year's highest discounts and best incentives, according to the automotive experts at Edmunds. Between dealerships hustling to achieve quotas for the end of the year, and consumers looking to find a luxury vehicle at a lower rate, December is the best month to find a good deal on a car.
Additionally, is tax time a good time to buy a car? In fact, auto dealers generally see a healthy spike in sales from mid-February until early June, presumably due to tax season. Some financial experts advise against purchasing cars during tax season because prices may be higher due to increased demand. "Tax time is the best time," she said.
Likewise, people ask, is it better to buy a car at the end of the month?
The Skinny It's true: The end of the month is generally the best time to buy a new car. Automakers typically set monthly sales goals for dealers, and, in turn, dealers set monthly sales goals for salespeople. Along with end-of-the-month goals, dealerships are often tasked with meeting quotas for the quarter.
What should you not say to a car salesman?
10 Things You Should Never Say to a Car Salesman
- “I really love this car”
- “I don't know that much about cars”
- “My trade-in is outside”
- “I don't want to get taken to the cleaners”
- “My credit isn't that good”
- “I'm paying cash”
- “I need to buy a car today”
- “I need a monthly payment under $350”