Best Time to Buy a Tesla
If you've seriously considered purchasing a Tesla, right now is probably the best time to do so. The company is trying to end this quarter (September 30th) with a high number of sales (and profit) - to show skeptical investors they can be profitable.
To achieve this, they are discounting vehicles that are still in inventory and have not been sold yet (there are about 200 of them listed on their site). Some buyers are reporting discounts of over $10,000.
It's very possible Tesla will remove these discounts once October rolls around, so now is the time to act. There are two sites that make it easy to browse the current Tesla inventory along with pricing info, Tesla Inventory Search and EV-CPO. I recommend you take a look and see if there's a Tesla in your area offered at deep discount - if so, I don't think you'll find a better opportunity anytime soon.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid