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When Is The Best Time Of
Year To Buy A New Car?

It is one of the most frequently asked questions in the car buying market. When exactly is the best time to buy your next new car? Read on for some key points about when you are likely to get the best deal.

New Plate Release Dates

With the arrival of the new registration plates there are some great deals to be struck and discounts to be uncovered on the old plate purchases. Be on the lookout for enticing finance deals and customer cash rebates.

Launch Of A New Car Design

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

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 auto insurance.

Best Time Of Year To Buy A Car

During holiday periods business slacks off and auto 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 A 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 will be keen to shift the few cars they may need to achieve 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 goals.

Best Days Of The Week To Buy A 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!