Best TimeTo Buy Or
Trade in A Used Car?
It is one of the most frequently asked questions in the car buying market. When
exactly is the best time to buy or trade in your car?
Read on for some key points about when you are likely to get the best used car trade in deal.
New Plate Release Dates - Best Used Car Trade in Values
With the arrival of new registration plates there are some great deals to be struck (on
used car tradein value) and discounts to be uncovered on old plate purchases. Be on the
lookout for enticing
finance deals and customer cash rebates.
Launch Of A New Car Design - Best Used Car Trade in Values
Periodically, in some cases every 3-4 years, car manufacturers introduce a new
version of a model and retain the name e.g. the Jaguar XK in 2006. If you are
keen on potentially massive savings and are not particularly bothered that you
will be driving the "older" design, then this option is a very attractive one.
Face Lift Models - Best Used Car Trade in Values
Here you see some relatively minor adjustments to the appearance of the car,
such as different shaped grill, headlights, bumper design. Once again when a
new facelift model comes out there are some great discounts to be found on the
pre-facelift cars - such as
free car insurance.
Best Time Of Year To Buy Or Trade In A Car
During holiday periods business slacks off and used car dealers will be keen to
meet sales targets (and may offer to throw in extras such as an extended
car warranty ), so
bargaining power is on your side. The downside is that choice may be
more limited as dealers won't be holding as much stock. However, manufacturers
always have the highest customer rebates in the last few months of the year in
order to shift as many of their cars as possible. This is so that they have
space for the makes and models for the coming year. Therefore, look out for
bumper rebates on cars from September through to November.
Best Time Of Month To Buy Or Trade In Car
Understanding about how bonuses from manufacturers to car dealerships work
reveals all about the best time of the month to buy. In order to push up sales
of a particular type of car, dealerships may be offered incentives if they sell
a certain number of them in any given month or period. The important point here
is that the close of a bonus period is always at the end of the month. To chase
their bonus a dealership
may need to shift the few cars they have to
achieve their target as the end of the month approaches. This means that you can land
yourself some fantastic deals on the last two days of the month. In months
where there may be no bonus close-off you can still get a more competitive
price right at the end of the month if sales people have not yet reached their
monthly sales targets.
Best Days Of The Week To Buy Or Trade In Car
During the week car yards are never as busy as on weekends when most people are
out looking. With fewer potential buyers on weekdays the onus is back on the
dealership, and individual sales personnel, to offer an attractive package
which will secure that sale. The last few days in September, October or
November are the prime times for guaranteeing the keenest deals. Even better if
they happen to fall on a Monday to Friday!
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During holiday periods, bargaining power
on used car trade in value is on your side.
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