Best Time to Buy Car
Car quotes. The very idea of car quotes scares us because the industry has a bad rap and we area afraid we are going to get scammed.
There is a best time to buy car and yes you can save money when you buy a car if you buy it on specific days. Knowing this strategy can help you get the best new car price.
I asked my buddy, who has worked selling cars for the last 7 years when the best time to buy a car is and he said unequivocally the last day of the month. This is because the salespeople have quotas and they will try and top up their monthly sales for that month, especially if they had a bad month.
But if you have the time to be strategic the absolute best time to buy your car is the last day of the year, and even better the last hour of the year when the sales person will be desperate to top up his sales for the whole year. If she or he has been doing badly he will want the chance to improve his car sales and you may get some very rewarding car quotes. If he is doing well, he will want the chance to win an award and will be very happy to squeeze that extra car sale in.
But he warned be careful if you are buying a car - thinking that you got a great deal on a 2008 because the 2009 models just came out, you are making a mistake. Not only are you losing money as soon as you drive drive off the lot with depreciation, but you have also lost on resale value because this car is now one year older in the books. Even though it’s brand new to you according to the way cars are priced it is an older car.
My friend also apologized for the crummy system. The system is crummy from the start - the problem is built into the car business and in order to make money sometimes that seedy side shows through.
When you go to Walmart do you ask for a discount from the sales person when buying a computer or TV? No. But this is the way we do it in the car business?
The manufactures suggested retail price is just that - a suggestion, and one with profit in mind for the dealership.
The car negotiation price is all dependent on which car you are buying. A Yaris has very little room for negotiation because the maximum a dealer makes on it is just over a hundred dollars.
Remember Honda and Psion are not allowed to negotiate. They will get severely punished for offering incentives. They can’t even give you free car mats.
So do your research and remember to wait until the end of the month when buying your car - because it is the best time to buy a car and can save you thousands of dollars.
With car quotes, timing is everything
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Tagged With Best Time to Buy a Car, Best Time to Buy Car
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