Do car prices drop at the end of the year? Are dealers more likely to negotiate within your budget? Read on to learn if waiting until the end of the year can help you score a deal on a new vehicle.
Do you need the latest car model?
If you don’t mind choosing a car of the outgoing model year, instead of the upcoming model year, you could be looking at a lesser investment. According to Progressive.com, “Look for cars that are getting a redesign for the next year—that’s where you could stand to save the most. If you’re not too concerned about owning the latest model, or the redesign isn’t adding any features you truly need, this could be a good option for you.” Check out Family First Auto Sales Inventory online here.
Are there more discounts at the end of the year?
Many car dealers will run end of the year sales because they want to make room for new inventory. This does not mean you’re going to get a vehicle for half the price, just know you may have increased bargaining power. As always, do your homework and if you plan to finance a car, get preapproved for an auto loan so you know a realistic budget.
Is an impulsive buy okay?
The end of the year is often a time where people spend more money, and it is easy to get carried away. By researching models ahead of time, shopping from a budget and looking at a car dealer’s reviews, you will feel more confident in your purchase. Read what customers are saying at Family First Auto Sales here!