Best Time to Buy a New Car
Readers often ask me "when is the best time to buy a new car?"
Well, TrueCar has the definitive answer, based on millions of real-world transactions. They found New Year's Day to be the best day to purchase, Monday the best time of week, and best month depends on which segment of vehicle you want. Pickup Trucks offer the best deals in October, mid-size and compact sedans are best to purchase in November, small and luxury SUVs are best in December, and surprisingly, mid-size SUVs are best to purchase in May.
See below for a full break-down of the data. As always, I recommend using TrueCar No Haggle and Edmunds Price Promise to see the lowest prices your local dealers are willing to offer.
My Recommendation for Car Shoppers
TrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.California Residents - Important:
There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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