The Best Times to Buy a Car

Sometimes it’s all about timing. That’s certainly the case when buying a car. Before heading to the dealership, you may want to apply for a car loan online and also consider these ideas about the best time shop for a new vehicle.

Day of the Month
All the savvy-car-shopping experts agree – the end of the calendar year is the best time to visit the car dealership. Don’t forget to do your research well before you go. The savviest of the savvy say there are actually specific months that bode best depending on what vehicle you’re buying.

May isn’t just for flowers after April showers. It’s for midsized SUVs, too. Get down to the dealership with spring in the air and in your step to get yourself a healthy serving of safety with a side of savings. Are you a truck person? October is monster truck month – not just for a show – for epic savings – so be sure to get yours. It’s not spooky to win at saving.

If sedans and coupes are your speed, November is for more than just Thanksgiving. Go talk turkey with your local car dealer. Luxury your thing? You’ll need to exercise some patience because your month is the year’s last. Deals abound in December on luxury vehicles, especially high-end SUVs. Give yourself a great gift and save money doing it.

If you don’t believe in the month-specific-savings hype, you can buy a new vehicle any month of the year. Play darts with a calendar, but be sure to go at the end of whichever month you choose. The very best time is the last day of the year. Bonus savings points if it also happens to be the last day of the month.

Day of the Week & Time of Day
Then there’s the day-of-the-week camp. They don’t care which month, but you’d better be sure you’re at the dealership early in the week. If you’re serious, make it Monday.

Not sure what time to go? Don’t bother taking the day off. Have dinner and then stop by to see your local car dealer. Make an evening of it and plan to be out late. The later you keep them at the dealership, and yes, they will stay to close a deal, the better price you’ll negotiate.

Holidays / Special Events
Pro tip: Black Friday isn’t just for TVs. We all know that Black Friday means getting up early or just skipping sleep altogether. Early bird gets the worm and all that. Still true. Go, fight big crowds, buy lots of gifts and save lots of money. Then, have a relaxing dinner and follow the same guidelines noted above. Finish your Black Friday with a gift for yourself – an awesome deal on a new car.

All those three-day weekend holidays were basically invented for salespeople to make their yearly quotas. Hey, they’ve got to eat too and it helps you get great deals. Some things only the keenest car consumers know is that mother nature plays a role in the sales cycle. Other deal days are rainy days (and Mondays, but we’ve already covered that) and because we know we’re supposed to go at night – do it by the light of a full moon. Some experts say the lunar cycle and precipitation can make a difference in your favor.

You can also enjoy savings offers during model changeovers and be sure to look out for special factory rebates.

Another thing to keep in mind before you head to the dealership is how much you can afford. Try using an online car loan calculator so you know before you go.

Now go forth and save!

If you’re looking for additional information or car buying tips, consider reading these:

Bad Credit Scores Are Not a Barrier to a New Car Purchase 

Exercising Discretion During a Negotiation Process