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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 CarsDirect to see the lowest prices your local dealers are willing to offer.






3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The 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 Network

Select 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).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, 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 Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

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.

Latest Weekly Car Buying Tips

May 2022

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I welcome your car buying questions. Email Me and I'll be glad to answer them!





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