What Is The Cheapest Month To Buy A New Car?
If you’re looking to buy a new car and want to save the most money, the best time to shop is usually December. During this month, dealerships are eager to meet their end-of-year sales targets and clear out current model year inventory to make room for next year’s cars. This means buyers can often find excellent discounts, special promotions, and attractive financing offers. Additionally, the last week of December, especially the last day of the month, tends to have the deepest price cuts because salespeople want to hit their annual quotas before the year ends. Besides December, the end of each month and the end of each quarter—March, June, and September—are also good times to look for deals. During these periods, dealerships are motivated to boost their sales numbers and may offer better prices or incentives. Another factor to consider is shopping during model changeover seasons, typically late summer or early fall, when dealerships want to sell off older models quickly. Ultimately, timing your purchase around these key periods can help you get a brand-new car at the lowest possible price. Planning ahead and being patient will pay off with significant savings.