It is said that time is money. When it comes to buying a car, this could indeed be the case, as choosing the right vehicle purchase time can save you hundreds of euros. Here’s what you need to know when it is advisable to buy a machine.
Many find the weekend a good time to buy a new car, but in fact polls say it’s Monday.
Why? It turns out that car dealers have fewer visitors on this day and are interested in offering customers better deals. As an alternative to Monday, Wednesday is also mentioned as it is the middle of the week and even during this time the flow of car buyers usually decreases. Surveys show that people can save up to € 300 by comparing a car purchase on Wednesday or Sunday.
Some spend the New Year with friends or family, others go abroad. However, this time is also suitable for other activities such as buying a car. Since many trading companies follow monthly, quarterly and annual quotas, it is very likely that you will be able to get a very good discount on your purchase right at the end of the year.
While it may seem that many want to buy a new car right in the spring, when it’s warm to shop wisely, wait until the end of May and look at prices. It is very likely that vehicles will be cheaper during this time.
First of all, this is a good time for a new purchase as the end of the year approaches. But it’s also important to keep in mind that in November, many car dealerships are moving to new year models, which means they have to make room in the showroom, leading to lower prices for existing cars to sell them faster. Of course, this applies not only to November, but to the end of the year as a whole, so people are often advised – buy a car in the winter!
The first day of the New Year
Sales quotas are also changing at the start of the new year, so if you haven’t had the opportunity to go to the showroom at the end of the year, you may still be able to do so at this time. Just because very few people go to car dealerships in the first days of the year to see what’s on offer, sellers are willing to negotiate better terms for buyers. Of course, keep in mind that this is only the beginning of the month and the dealer has almost 30 days to meet his quota. But as you say, who doesn’t risk it doesn’t win!
These suggestions are approximate and are not applicable to all types of cars. While it is advisable to buy most passenger cars in the fall and winter, such as an off-road vehicle or SUV, this is exactly the “hottest” selling time, so it is not worth expecting lower prices in this category.
Note that the expense does not end with the purchase of the vehicle.
Afterwards, you may also face various unplanned costs, and in such cases, a short-term loan may be helpful. But before you apply, evaluate your financial capabilities and whether you will be able to repay the money on time.