What’s the Best Time of Year to Buy a Car?

So it’s 2018, and you’re looking to buy a new car.

You want to go about it strategically. In addition to finding a vehicle with the features you need at a price that works for you, you also know that buying at the right time can help you get a good deal.

So, you’re probably wondering, how do car prices fluctuate over the course of a year?

Here are few great times to buy, plus a few things that set a great car dealership apart.

Best Times To Buy

The 2018 model year is already well on its way. Depending on the manufacturer and type of vehicle, the new models typically come out in early fall or late spring of the preceding calendar year.

1. Fall

Car prices go down significantly when the new model comes out. This makes fall a great time to buy last year’s model.

Traditionally, fall is also a good time to buy as TV seasons begin, viewership goes up, and car dealerships run deals to draw this audience in the door. In the age of Netflix and streaming, this isn’t as big of a factor, but fall is still a great time to buy a vehicle at a great price.

2. Spring

Traditionally, spring has been known as a bad time to buy a car. But some manufacturers roll out next year’s model as early as Q3, making the spring a good time to snag a deal on last year’s model.

3. Next Year

If you’re looking for incredible features at an incredible price, the best time to buy is next year.

In 2018, look for great prices on 2017, 2016, and 2015 vehicles from your local pre-owned luxury dealership. Wondering if a used luxury vehicle is worth it? Check out this post for 3 things that can make a used luxury vehicle a smart buy.

With CARFAX reports and extended warranties available for the modern car-buyer, buying used is a smarter choice than ever before. And a used luxury vehicle offers an unbeatable driving experience for roughly the price of a new economy vehicle.

What type of dealership is best to buy from?

For many people, buying a vehicle can be a complicated, stressful process. But it doesn’t have to be. In fact, if you choose the right dealership, car buying can feel “as simple as walking into Target to buy Kleenex.”

One great strategy for keeping the process simple? Finding a dealership that offers fixed pricing. With fixed pricing, you can do your research, decide what you’re willing to spend, and find a dealership offering a quality vehicle in your price range.

Dealerships with this approach want you to focus on value, and to feel in control of the buying process. Instead of worrying about price negotiations, focus on finding the vehicle that’s right for you.