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.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides 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.
- 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