| Throughout my years in the car business and almost | | | | Last but not least the old buy at the end of the month |
| daily now that I give free car buying advice and tips | | | | because dealers need to meet their quota. Yes on the |
| through my website. I am asked the question over and | | | | 30th of the month I am a few cars short I will push to |
| over again. When is the best time to buy a new car? | | | | get them out. Also on the first of the month I want to |
| Well there are many theories and answers to this | | | | get off to a great start so I will push cars out. On the |
| question and I am here today going to lie some to rest. | | | | 15th of the month I am ahead on my forecast and |
| First the ones that say you should only buy a new car | | | | guess what I am pushing to get cars out. My point |
| in the fall when they need to clear the models out and | | | | being is as a sales manager or a salesperson yes |
| there are big incentives on them. This is true as far as | | | | quotas are important but your job and living are made |
| there are big incentives normally on these cars and if a | | | | off of the selling of car. If they are like me they never |
| dealer has one that has been on the lot for a while he | | | | miss a deal no matter if it is the 1st or the 31st! |
| is really going to try and move it. Now let us look at the | | | | By now most of you are going this guy is crazy! You |
| catch 22. So the car you want has a bigger rebate on | | | | thinking to yourself well Mr. Know it all when should we |
| it now and you're going to save an extra $500 to | | | | buy new cars? When is the best time for a deal? |
| $1000 bucks. Are you really? We all know that the | | | | Here is the true answer. The best time for a good |
| moment you buy a car it depreciates. This is because | | | | deal on a new car is when you are ready! I love that |
| it becomes a titled vehicle and therefore becomes | | | | deer in a headlight look I am getting from you now. |
| used. So you wait all year to buy the car you have | | | | What I mean is the best time is any time. By being |
| been wanting. It is October and you run down to the | | | | ready I do not mean that you wake up and say today |
| dealership and jump on in because now the rebate is a | | | | is the day, I am ready for my good deal. I mean that |
| few dollars higher. Your excited because the 08's are | | | | you become a smart consumer. You do your |
| there to sale and the 09's are hitting the lots. Now stop | | | | research, you know what invoice is, you know what |
| right there. When you buy that 08 how old is it? If you | | | | the incentives are, you have an idea if the model |
| said a year then you are correct. See you're not | | | | you're looking at is popular of if the dealers have plenty |
| buying the current model year anymore so it will be | | | | of them. You have dug in and researched. Gathered all |
| worth less than the current model year upon titling. | | | | your facts and shopped a few dealers. You know |
| Now consider what that does to your trade value as | | | | what they're selling for in your area and you know |
| well. | | | | what you should spend. You have financing arranged |
| Next let us look at the whole time of year aspect. | | | | in case the dealer does not have the best. You have |
| Some people say it is better to buy in the summer | | | | gotten a extended warranty quote from somewhere |
| when the dealerships are selling more cars. To that I | | | | else because you know the dealer is going to try and |
| ask this question! Does a dealer need to move metal | | | | sale you one. Do you see where I am going with this? |
| when times are rough? Of course they do! For the | | | | You have become a smart and true consumer. |
| ones that go the opposite and say you get a better | | | | So quit biting your nails and start researching. Do good |
| deal when times are slow. I ask the following. If a | | | | thorough research. Shop a few dealers. Get multiple |
| dealer is selling fewer cars and making less money | | | | quotes. Be an all around smart consumer. When you |
| than when things are good is he going to take a short | | | | have done all of this I promise you will get a good deal |
| deal to move a car? Maybe! | | | | on a new car! |