Timing is everything, and when it comes to buying your new car, you need to really consider the timing of your purchase. Did you know that there are seasonal factors that will affect your dreams of buying a new vehicle? Most people aren’t aware of it! These factors can influence whether your dream car will be out of your price range or not, and you need to consider the law of supply and demand. Think about it: the price will remain steady when the demand is steady. It’s not until the need for something drops that the price drops – and this is what you’re waiting for.
Dealers don’t always stick to the prices that manufacturers set for their cars. Most cars that are high demand are never usually given discounts (remember, supply and demand!), but car dealers are often able to drop the price a little if they need to move the models that are less than popular. If you’re unsure whether you can afford the car that you have in mind, checking out Choose My Car may be a good idea for you. You can find out whether you can get finance on your vehicle of choice this way, and this can prompt whether it’s the right time for you to buy right now.
If you are considering buying a brand new car, then you should take a step back and put your wallet down. There are probably still examples of the old model of the new one just out at the dealerships. You can watch everyone else turn their attention to the latest models, but dealers will be really pushing their old stock (new car, old news). When they want to move these on, the prices slip down and you are going to be in the best position to buy. However, if you really want to choose a new car, pay attention to the timing of your purchase. This alone can save cash on your next car’s price. Here are a few short tips to get you started:
- You could wait until March or September to buy during the time car number plates change. People love the prestige of owning a car that has a registration plate that is up to date. If you wait until these months, you could be in that bracket. However, you may pay a little more! New car sales peak in March and September, which is prime time for a busy showroom eager to please!
- If you are considering a few models, work out when they’re going to be due an upgrade or replacement. If you do this, you can save a lot of money pre-upgrade if the dealerships are aware of them.
- Cars are commonly better to buy in March, June, September and December. This is where dealers are more than willing to offer discounts to get that sale they want. It’s the perfect time to decide if a new car is exactly what will make your New Year.