If you’re in the market for a new car, but are flexible on the timing of your purchase, it may be well worth waiting for a good deal to come along before making the plunge. Here are some expert tips for choosing the best time to buy a new car.
While conventional wisdom may suggest that waiting until the end of the month or – even better – the end of the year, when dealerships are most anxious to reach their sales goals, to buy a car is best, that’s not always the case. Dealers work hard year-round to meet the needs of their shoppers, making it possible to get a good deal any time of the month or year.
Buy out of season.
Looking for that shiny new rear-wheel drive convertible? Start shopping in the winter, when dealers are turning over less of their summer-friendly inventory. While you may not get the top down for several months, you will likely earn yourself a good deal, making the drive that much sweeter when those summer months finally do roll around.
Wait for new inventory.
If you can wait for a certain time of year, consider doing your car shopping in the fall, when the new model year begins rolling in. Dealers will be motivated to clear space for new inventory, and you will often find reduced prices on the outgoing model year.
For more tips and tricks, visit usaa.com.