What Are the Best Times to Buy a Used Car?
Obviously, if you need a car, then it is a great time for you to buy a used car, but under different circumstances when is the best time to buy a used car? The answer depends on what kind of car you are looking for. Let’s explore some of the best times of the year to buy used cars, and what deals you should be looking for.
When Market Demand is Low
A great time to buy a used car is when demand for it is lowest. This will help you get the best possible deal on the used car. When will market demand be low? This isn’t always obvious, but use your common sense. During the cold, bitter winter months is the best time of year to buy that awesome used car with the convertible top. Nobody wants to be driving around in a convertible during the cold months of the year so this is the best time to go and get a good deal on a used car like this. Use your intuition, or do a little research to see which cars will be in low demand. Some of the best times to buy used cars are when they are in low demand.
Not all holidays are created equal when it comes to buying used cars. It is important to avoid the holidays with big family gatherings such as Mother’s Day, Father’s Day, Thanksgiving, and Easter. Dealerships will be lighter on staff on the big family holidays and overall demand for used cars will be lower. Thus, the prices won’t be nearly as good. However, holidays like Black Friday, Veteran’s Day, and Christmas Eve are great days to shop for used cars. There is a couple reasons for this. One, the dealerships will be running big sales events. This means more people come in to buy new cars and trade in their old cars. This influx of trade-ins equals more used cars and better prices for the savvy shopper. More supply and less demand combine to equal a great time to get a deal on a used car. If you are looking to buy a used car, shop the holidays!
At Quota Time
Car salesmen have quotas or sales goals that they are trying to hit for every month, quarter, and year. You can use this fact to your advantage when shopping for a used car. The closer it is to the end of the year, quarter, or month, the more likely you will be able to get a better deal from a salesperson on a used car. They’re going to be focused on reaching their performance goals, and will likely be more generous when it comes to striking deals. If you shop around a few dealerships at these specific times, you should be able to get yourself a better deal on a used car then at the beginning of the month.
When it is Nice Outside
This last best time to buy a used car has nothing to do with the price you may be able to get, and everything to do with how the car looks. On a nice, clear day you can do a complete visual inspection of the used car for yourself. Getting a good look at a used car can be more difficult when the weather is less than ideal. That’s why it is a good idea to buy a used car when the sun is out and shining clearly. You’ll be able to see every potential ding and dent on the car, and be able to do a thorough visual inspection for yourself.
Every day is a great day to buy a used car from Fairless Motors! We have a super friendly sales staff that will show you our extensive inventory of used cars. Come visit our dealership and take a look at all of the wonderful used cars we have, and we’ll make you a great deal!