When is the best time to buy a car? When you’re tired of the vehicle sitting in front of the house? Perhaps December, when dealers are trying to get rid of taxable stock? Or April, when the sales hit? Did you know that’s when you’re more likely to pay the most? So, when is the best time to buy a car, especially when pricing is more in your favor?
With the industry’s new model year traditionally beginning in September and October, by late summer, manufacturers need to clear out the current year’s model in preparation for the upcoming year’s. Therefore, August is when most auto dealers, who are in the thick of summer closeouts and making room for the next year’s models, offer the most incentives.
Both U.S. News & World Report and TrueCar agree—August is the best time to buy a car. TrueCar reports August savings of almost $170 over any other month for new cars and trucks during the past five years, and $1,850 lower than in December! So, if you’re thinking of purchasing a new car, late summer is the prime time to make a deal.
Buying an automobile in late summer practically ensures that there are current year vehicles available and ample inventory, so you should be able to find a car with the color, trim, and options you may want. Let’s say, however; you’re looking for next year’s model instead, pre-ordering in August will put you at the head of the pack once those new models start to hit the showroom floor.
Don’t forget, late summer is also back-to-school time when driving your children from one place to another can seem like a second job—that is, unless you have a newly driving teen at home. In that case, back-to-school is the ideal time to buy them their own set of wheels! Freeing up more of your time, a brand-new car for your high school or college student also means the latest safety features, including crash-avoidance technology and hands-free communication features, that add up to peace of mind for you.
Also, during late summer, you’re more likely to find deals on four-wheel drive trucks and SUVs, simply because the realities and necessities of winter are not yet registering in most people. Contemplating vehicles for winter weather driving conditions during the sizzling days of summer can add up to big savings! Which means, dealerships are wheeling and dealing to move four-wheel drive vehicles off their lots during the hottest months of the year.
Once that new car is sitting in your driveway, Mighty Auto Parts can help keep your investment maintained with quality auto parts that are available in trusted service centers across the US. To learn more about Mighty Auto Parts, visit us at https://www.mightyautoparts.com today!