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Can you get discounts on new cars?
Yes, You Can The advice you’ve heard is correct — you really can get a better deal on a new car by buying it at the end of the model year. And the reasoning is correct, too: Dealers are always eager to clear out their inventory of “last year’s model” when a new model year is right around the corner.
Do car prices go down in January?
Used car prices tend to go through a predictable cycle in which they peak during the summer months followed by a downward slope hitting rock bottom around January 10th. Prices tend to shoot back up quickly through February. The difference in prices between August and January can be as much as 5\%.
Should I buy a new or used car?
New or used, a car is a big purchase. Before you buy either, it’s important to know what you can afford and what you need. If your finances allow you to buy a new car with cash or a relatively short loan term, then the benefits of owning a new vehicle may be worth it to you. Still, for most people, buying a used car is a better option .
When are the best times to buy a car?
Auto experts agree that the last two weeks in December through the beginning of January are the best time to buy a car. But why? There are a couple of reasons.
What car should I buy?
The Honda Accord is a top-notch example that places at the top of our midsize cars ranking, thanks to a wide roster of family-friendly qualities. It boasts ample interior space for people and cargo, and the seats are comfortable for both short and long journeys. Infotainment and safety tech is abundant as well.
Is now a good time to buy a car?
While the data shows that December is the best time of the year to buy, there are also a few other viable months. In other words, if you need a car in January, there’s no need to wait 11 months to get a good deal.