But if your budget is not yet on the level to get a new one, why don't you consider getting a used car? You'll definitely have the driving experience you'll feel with a new car, and then some other perks, too. And when you do think of getting a second hand, here are the best times when to buy a used car.
No, you're not reading it wrong. As they say, everything has its own reason and season, and that applies to used cars as well. There are a couple of things to consider when buying a used car - from the peak seasons to when sweet deals are offered. And when the timing is right - which you can actually predict and calculate - you have a great potential to save a lot of money. So without further ado, here are the best times to buy a used car.
It's not a secret that most businesses and establishments want to get rid of their old products to make room for the new ones. And for them, the fastest way to get rid of their old products is to run 'inventory sales'. And yes, most car dealerships run inventory sales to sell their old used cars on their inventory at a much lower offer and, sometimes, with other deals that are too hard to refuse. Another reason why car dealerships run inventory sales is for their sales agent to meet their quarterly or annual sales quota. Inventory sales usually happen before, during, or after the Christmas season because it's the end of the year. Moreover, it's during this time new inventories of products are coming in. And, speaking of Christmas...
Everyone is going to get generous when the Holiday is just around the corner. When it comes to used cars, most dealers are going to give out discounts and better financial aid to those who are seeking cars during Christmas. But let's not limit ourselves with the Yuletide season, as most car dealers would give out discounts and deals on any holidays and events. Some of the most popular ones are the Memorial Day Weekend and, of course, Black Friday (the day after Thanksgiving). There are few exceptions, however, when holidays don't equate to discounted prices. And with that, you may want to avoid Mother's Day and Easter Sunday. These holidays are centered on family, so most people are just going to stay at home.
With the examples given above, it's safe to say that you'd be able to save a lot of money during the harsh cold winter weather. Why is this so, you may ask. That's because most businesses are going to do their best to attract customers in a time when everyone would prefer to stay at home. Most of us don't want to go out when the weather outside can freeze your nose faster than you can say, "Let's go back home!" And so for car dealers to get your attention, they are going to put some sales and deals. But you really have to brave through the weather like Elsa, and don't get bothered by the cold.
If this isn't the first time you got yourself a car, chances are you've already noticed how car prices tend to go up and down in a cycle. That's because there are certain types of vehicles that go off-season. When the car model is 'out of season', it solely means that the demand for that particular product went down, but the market will come back again after a few months. Here's one example; the convertibles. On average, convertibles sales go through the roof during the summer season when it's warm. Thus, the off-season for a convertible is during the winter. So if you want to own a used convertible, you know now when's the best time to buy.
When you live in or near a big city, most likely there's going to be a car show every now and then. And when there is, expect that there's going to be a surge of buyers and pre-buyers. Not wanting to get left behind, used car dealerships are also going to do their thing by participating in these events and offer deals and great discounts for those who are eyeing used cars. When you live near the Salt Lake City area, you might want to check out AutoRama. This premier car show is going to be on the 13th to 15th of March at Sandy, UT. For more information, click on the link.
And these are the best times to buy a used car. Take note of these times and get yourself a great used car at a fraction of the cost. But, if you're looking for a used car in Utah, click on the link and check our inventory of pre-inspected used cars.
