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Don’t believe in the idea that there’s never a good time to buy a car. Why so? Because car dealerships may have high and low seasons affecting their pricing. You also have to consider the financial calendar of a car dealership when buying a car. Depending on when you buy, you could end up saving hundreds or even thousands of dollars. Here are some examples of the best times to buy a used car.
The type of car affects the price depending on the weather. For example, convertibles may be hot sellers during the summer season but no one wants to buy a convertible during the winter. If you have space in your garage, get a used convertible a few months before spring.
At the same time, seasonal sales also apply to four-wheel-drive vehicles. 4WD trucks usually sell better in the winter because of their suitability to icy roads. You could get a better price for this type of vehicle during summer.
Car dealerships usually have quarterly sales targets. Because of this structure, car dealerships are more inclined to lower their prices as their quota deadlines draw closer.
As for which day of the week to visit, try going on a Friday. At the end of the week, sales agents are more likely to have reached their weekly quota or are at least trying to reach it. Whichever the case, sales personnel might be more than willing to bargain.
Jeffrey Lupient made his mark in the Midwest Infiniti dealerships by being the first awardee of the Infiniti Award of Excellence for three consecutive years. Before his stint at Infiniti, he was with the Lupient Buick Pontiac. He is currently the CEO and President of the Lupient Automotive Group. For more tips on buying used cars, visit this Facebook page.