Shopping for a used car is exciting and knowing the best times to buy a used car can save you money. Whether your old clunker finally died or you are just in the mood for something different shop around to find a great deal on a used car.
Negotiating the best price when purchasing a car takes some strategy. Depending on your schedule, if you can shop on a Wednesday you are more likely to get good deal. Most dealerships are busy on the weekends when families are shopping and sales are advertised. Mondays and Fridays salespeople are finalizing arrangements or getting ready for the weekend. The middle of the week is usually less hectic and your salesperson is looking for another commission. Take advantage of the dealership’s down time to get yourself a deal on the used car of your dreams.
Another great strategy when buying a used car is to shop either first thing in the morning or near closing time. Often your car salesperson would love to make deal early in the day so he can relax knowing at least one car purchase is behind him. If you decide to shop an hour or so before closing, many salespeople are anxious to make a deal and finalize the paperwork so they can go home. It’s best if you are already fairly certain about the car you want to buy and you are coming in to finalize the deal and drive home in your used car.
Plan ahead if you are not in a big rush to buy a car. During the fall months like September, October or November you can get excellent deals on a used car. At this time of the year dealerships are trying to clear out their inventory before new models are released and decrease the amount of fees they have to pay on left over cars before tax time. Additionally, you should try to avoid purchasing a used car right after the first of the year when most people have access to their income tax refund. Car dealerships are aware that people have money burning a hole in their pockets and may be less likely to offer the best deal.
Finally the end of the month is a great time to buy a used car. Your car salesperson is looking to make his quota and will work with you to make one final sale. If you plan ahead and use all of these strategies together, you will not only be driving away with an amazing used car you will also be able to brag to your friends and family about the great deal you got on the price.
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