The last thing you are probably thinking about during the holiday season is buying a new car. However, research has shown that this is probably one of the best times of the year for purchasing a new vehicle!
**Full Disclosure: This is a sponsored post.
Best Time of the Year To Buy a Car – According to iSeeCars.com, an automotive search engine and research website, Christmas Eve ranks high among the best time of the year and the best holiday to buy a car, with 28.7% more deals than average. Also, New Year’s Eve ranks high among the best holiday to buy a new car, with 21.3% more deals than average.
Best Month of the Year to Buy a Car – Again, using the data from iSeeCars.com, the month of December ranks 2nd as the best month to buy a car, with 23.5% more deals than average. This is because most people aren’t shopping for a car during this time, resulting in slow sales and dealerships are scrambling to meet their end-of-the-year sales quotas.
Best Day of the Week to Buy a Car – Lastly, looking once again at the data from iSeeCars.com, don’t wait for the weekend to buy a car, as weekdays (Monday through Thursday) have 1.2% more deals than average. This is due to the fact that weekdays tend to be slower in dealerships, increasing the pressure for sales and landing you more personal treatment.
Read Car Reviews on Reputable Sites – If you have a car or two in mind already, get a head start on the dealership and read expert and consumer reviews of the vehicle. Make sure you are using a reputable site like Car & Driver, Edmunds, Kelley Blue Book (KBB), Motor Trend and NADA Guides.
Check for Holiday Incentives & Promotions – Watch out for holiday incentives and/or promotions on the vehicle you are considering. You can find these special offers if you are a member of an auto-buying club, such as AAA, AARP or Costco. Additionally, you can find them on car manufacturers’ (Ford, General Motors, Honda, Nissan, Toyota, etc.) websites or social media pages.
Head over to East Hills Subaru to find a great deal year round!