Planning on investing in a used car? Did you know that there is a perfect time of the year to catch a great deal for a used car? Take advantage of the seasonal discounts you can get and keep these months in mind.
In this article, we’re going to tell you the best holidays, and months to buy a used car. Timing is everything and when you’ve timed your purchased car on a perfect date, you’re sure to get the best deal.
Holidays with Special Discounts on Vehicle Purchase
- New Year’s Day
You might be wondering, won’t be New Year a bad time for people to be buying a car since they’ve probably exhausted their money from last month’s December festivity up to the New Year Bash? Well, it’s quite the opposite. Since car salespeople know that there’ll be a few people spending money on cars, they’ll be offering a bigger New Year’s discount.
- Black Friday
This is probably one of the best holidays to spend your money on purchasing a used car. Black Friday isn’t always just best for shopping but also for car shopping. A survey done by iSeeCars.com stated that there’s about a 33% boost for used car availability.
- Memorial Day
Memorial Day marks the start of summer. What makes this the second-best holiday to purchase a used car is the inclination of car manufacturers to clear inventory and make space for new models that will be launched in the Fall.
- Christmas Week Special
Christmas Day being at the top of the list on the best time to purchase is no surprise. People have the money to buy but at the same time, they’re looking for a bargain. Besides, it’s one of the best gifts you can buy for yourself.
Months with Special Discounts on Vehicle Purchase
If you continue reading, you’d notice that all of the months mentioned are the end of each quarter. Sales go up these months since salespeople are looking into taking advantage of the lull moments where purchases are not too often made.
- March
When March comes, sales of new cars rise and so do trade-ins. This is why March is one of the best months to get a well-used car dealer since there are a lot of used cars just waiting to be sold.
- June
Particularly the last week of June is another best time to purchase a used car.
- September
September is also a good month to purchase a new car since there are only a few plates are introduced in the market.
- December
Last but not the least, December is the best time to invest in a good used car. People are not so focused on buying a car in December because they have other priorities to purchase this is why you’ll notice great deals in December.
Here’s a Word to the Wise When Buying a Used Car
- Buy a Car That Will Last Longer
Purchasing a used car is a used investment on its own. This is why if you want to make the most out of your purchase, you need to make sure that the car can last for a long time. Aside from making sure that it’s a durable car, follow the maintenance schedule to help prolong the car’s life.
- Find the History of the Car You’re Planning to Buy
Another note that you should keep in mind is to find out the backstory of the used car your buying especially if you’re located in an area where there are a lot of floods and natural disaster. You’ll be able to know the car’s history by looking into the Buyer’s Guide.
- Know the Common Issues of the Make and Model
If you know the common issues of the type of model you’re planning on buying, then this is a great advantage for you. This way you’ll be able to plan out if you still want to continue with the purchase. If you think that the issue is manageable, then the next best step for you to do is to purchase an extended car warranty that will cover the common issues that may arise from your purchased used vehicle.