Edmunds Answers

Voted Best Answer

  • avatar greanpea68 01/04/08 2:49 pm PST

    The true answer is any time of the year is the best time. It all depends on what kind of deal you are looking for. Let's say you are buying on Dec. 28th because you want the end of year savings. Well that will depend if you buying or financing you might be able to find left ovet 2007's... But if you are leasing you will want to get a 2008 because they will have better residual values...

    But basically anytime of the year is a good time to buy a car. All you have to do is do your research, make a offer and buy. If your offer is legit than I can't see why a dealer wouldn't take it only because there are so many dealers out there that competition is better than ever for consumers. Good Luck and happy shopping.

    GP

    Source: 

Answers

  • greanpea68 01/04/08 2:49 pm PST

    The true answer is any time of the year is the best time. It all depends on what kind of deal you are looking for. Let's say you are buying on Dec. 28th because you want the end of year savings. Well that will depend if you buying or financing you might be able to find left ovet 2007's... But if you are leasing you will want to get a 2008 because they will have better residual values...

    But basically anytime of the year is a good time to buy a car. All you have to do is do your research, make a offer and buy. If your offer is legit than I can't see why a dealer wouldn't take it only because there are so many dealers out there that competition is better than ever for consumers. Good Luck and happy shopping.

    GP

    Source: 

  • jipster 01/04/08 3:10 pm PST

    I'd say late June or July. Plenty of incentives and still a large selection to choose from in terms of getting the options and color you want.

  • sylvia 01/04/08 4:13 pm PST

    It might depend on the make and model you are interested in. Many manufacturers have specials throughout the year such as Honda Days, Lexus' December to Remember Event, GM Red Tag Sale, etc.

    Be sure and check the car incentives and rebate page (click on the New Cars tab up above and then the Incentives & Rebates link on the line below) You will need to enter your zip to see what the incentives are for your region from the various manufacturers.

    Source: http://www.edmunds.com/incentives/Rebat
    e...

  • mackabee 01/04/08 5:59 pm PST

    The best time is 30 minutes before closing time. But you better know what you want and what you want to pay. They will either sell you a car at your price or show you the door really quick.

    Source: I sell them

  • madmanmoo 01/05/08 1:02 pm PST

    Tough question because there are so many different vehicles having different sales at different times.

    If you're strictly looking at the "Best" deal, then I would just wait until you have model year rollover. If the '08 models come onto the lot and they have leftover '07's, then go in and buy that leftover.

    Good luck!

  • aznraptor 01/08/08 4:40 am PST

    Getting the old models when the new ones is particularly good if next year is a major redesign. For example, the accord is new for 08, making getting an 07 accord easier. but getting old models before a redesign is generally a good time to buy

  • lineman74 01/09/08 7:10 pm PST

    The end of the year(December)or(January).The 2007 models need to moved off the lots.The selections are limited but the dealers are much more inclined to cut you a good deal.

  • nolefan3 01/21/08 10:22 am PST

    The best days to buy a new car are the last days of any quarter ie:march, June, september, december. this is when they are going to try to pump up the volume a little bit to increase the sales for that quarter. especially the last two quarters because the next model year is coming in.

  • andres3 01/24/08 4:43 pm PST

    I've found that the ends of months are good, the ends of quarters are great, and the ends of years are fantastic times to buy a new car.

  • hatten3801 02/23/08 1:09 pm PST

    I recommend that you buy a new car at the end of the year, during the closeout sales. The dealerships are trying hard to move their stock and you will save a lot of money that way. If a used car is what your looking at, then recommend that you look for what you want but go to as many car lots as possible and comparative shop. Once you found one get the price upfront and make an offer lower than the asking price. It could save you hundreds. Good luck.

    Source: Personal experience

  • burnie1 03/22/08 4:49 pm PST

    the best time to buy is right before winter when every one is selling them or right after winter when people are selling for a little higher price

  • mrslip1234 03/27/08 1:27 pm PST

    The best deals ultimately come when the dealers sales have met their minimum quota on selling cars, uslually at the end of the month, the saleman or women will give you better breaks on there commission. as for the dealers themselves, that is a good question. i dunno.......

  • gmassi 08/17/08 9:58 pm PST

    Honestly i this time with high interest rates on loans, unless your a rich guy and you can buy cash. then no time factor will matter.

    I would even go on to say , try to find someone who is getting out of their lease that way you get a lesser amount of time on your lease since you are taking over someones lease


    Source: 

  • sergelbergeron 08/18/08 12:08 am PST

    December - everyone is out buying Christmas gifts and the dealers are very hungry. Around Dec. 20-28 - they are closing their month, their quarter and maybe their year-end. They have little traffic in the showrooms and they are headed for a couple of slow months - so go give them your best offer in late December and see the Christmas cheers fall on you.

    Source: 

  • svelte 02/16/09 12:14 am PST

    According to an insider who spent over a decade in the car dealership business, there are various times to consider. While there’s no way to guess if the manager is happy or cranky at any one particular time, there are certain days, time of the month and time of year to get a better deal. Some of the times include:





    TUESDAY EVENING is one of the best nights to buy. Fewer people go out on Tuesdays than any other night of the week. Dealerships are slower, and salesmen will have more time to give individual attention to each deal.




    FRIDAY MORNING is probably the best day to purchase a new vehicle. Most dealerships have the weekly salesmen meeting early on Friday morning. The sales associates leave the meetings either all fired up to make a sale, or duly chastened, if their current units sold number isn’t where it is supposed to be. Either way, the salesmen seem to be more likely to do what they can to sell a vehicle when they’re fresh out of a Friday morning meeting.





    Source: 

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