Why Winter is the Best Time to Buy a Used Car
The spring it a logical time to purchase a used car, as you can “break in” your vehicle as you anticipate summer. Actually, summer is a good time to also make a buy, especially if you’re targeting a convertible or sports car. While we’re on the subject, fall is also a logical time to get a used car, as you can get a feel for your vehicle before the winter hits.
However, no one points to winter as a good time to purchase a vehicle. That logic is a bit shortsighted, as the end of the year is actually an excellent time to buy. Before you go shopping for used cars in Albany, New York, see why winter is actually a great time to make a purchase…
Dealerships Are Slow
There are several risks to driving in the winter, and drivers don’t want to ruin their new car on a snowy or icy road. As a result, they avoid dealerships until the spring. This way, they don’t have to worry about ruining their recently-purchased vehicle. However, these customers may be missing out on great deals.
The businesses are traditionally slower during the winter months, and the salespeople may be more willing to cut a deal if it assures that they’ll be moving units. Furthermore, the dealerships will already be reducing the prices on previous-year models in an attempt to make room for the current- or upcoming-year models. In fact, an Edmunds.com study (via Claudia Assis of MarketWatch.com) showed that customers can save up to 10-percent by purchasing “current-year,” outgoing models in December and January.
Worried that you’ll be taking a risk driving it in the winter months. After you’ve done your research, you’ll be able to determine whether it’s the right time to make a purchase. If you can secure a better deal on a specific vehicle in January as opposed to June, make the purchase. You can always store the vehicle until the spring, assuring that nothing will happen to your new purchase.
Cars Could Be Winter Equipped
If you do intend on driving your new vehicle during the winter, you’ll want to assure that it’s decked out with the necessary features. Winter tires are an obvious inclusion, as the additional traction could help prevent you from spinning out. There are several other winter-specific amenities that will help make your commute more comfortable, like a remote starter.
These features may already be included in your targeted vehicle, as the dealer may have equipped their cars with these necessary luxuries. If they’re not, you could still negotiate their inclusion as you and the dealer are determining a fair price.
Deals on Off-Season Vehicles
Some vehicles are catered more towards the warmer months, like convertibles or sports cars. Dealerships aren’t selling a ton of these cars during the winter, and their desire to move the inventory may force them to cut the price a bit. This means you can acquire one of these vehicles on a great deal.
Of course, you don’t want to limit yourself by only buying in the winter. If you’re ready to make a purchase, begin exploring the market for deals. If you happen to come across a steal, you can pounce. Otherwise, you can wait until you find a vehicle that fits into your budget. As you read above, there’s no risk of waiting until it gets cold outside.