If you fall in love with a particular vehicle and develop a ?gotta have it? mentality you will end up paying too much. Just think back to the Mazda Miata, the Dodge Viper, and even the Dodge Ram of 1995. All of these vehicles had addendums or add on prices on top of the window sticker and people were getting on waiting lists to buy them! The Miata and the Viper sold for as much as $5,000 over sticker and often there were people standing in line to pay it. My advice is wait, wait until the initial excitement and fervor has calmed down to where you can negotiate a reasonable price. A couple of other considerations are the following: Some new models have bugs that may be worked out over the first three or four months and also if the sales aren't what was expected the factory may come out with rebates which will save you big money.
From the standpoint of the best time of the month to buy, the end of the month you can usually get a better deal. The reason for this is that most dealers set quotas for their mangers and salespeople to meet and they will usually do whatever it takes to get the deal so they can meet their quota. Just be sure of the expiration of any incentives that may exist on the vehicle you are interested in.
Beware end of the year sales. Why do I say this? Most dealers are going to make the same amount on a car at the end of the year as they would at the beginning, unless you can practically steal the vehicle I don't suggest buying at the end of the year when the next year's models are coming in. You are getting a car that is already one year old, even though it may have no miles on it, it is still going to be worth thousands of dollars less immediately.
In general some time in the middle of the model year is the best time of the year to buy. If you want a really good deal don't go looking on the weekend when the dealer is overflowing with customers. Go shopping late at night right before the dealer is going to close or go shopping when it is cold or rainy. When the customer traffic is slow, the dealer will do more to make the deal.
You see, the 1st of January is already coming in so soon so much so that most auto manufacturers and dealers are making sure that the products that they have on their hands for the model year 2006 would already be sold. And with that, these groups do try to make sure that they give consumers and prospective buyers the chance to take advantage of any promotions they have had in handy. After all, automotive clearance sales are already going at top speed.
Mark Perleberg is the lead auto expert at NADAGuides.com and he did mention that this season would perhaps be the best time for consumers and parties in the market for a new vehicle to actually start purchasing the vehicles they want. Or need. That is, if they are after 2006 vehicle makes and models. There are already tons of great deals available for them to grab and take advantage of. This surely is the holiday buying season and everybody just wants to make sure that their stocks are clear come the New Year.
Perleberg even does continue, ?Because 2006 is coming to a close, people automatically assume the only deals they'll get are on 2006 makes and models, but that's incorrect. As dealers close out the calendar year and make room for 2008s ? set to hit showrooms in the spring ? buyers can get some excellent deals on both 2006 and 2007 models alike.? You can always refer to the various auto sites to actually catch a glimpse as per how much you would be saving and how much you would be getting if you would be taking part in the great auto deals ramping up in speed.
According to Perleberg, ?For example, a 2006 Chevrolet Tahoe 4dr 4WD 1500 LS features a $2000 purchase cash rebate or a 36-month, 3.9% purchase special financing offer. The 2007 version comes with exactly the same purchase cash-back rebate and an identical purchase finance offer.?
Both Gregg Hall & Mark Clarkson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Gregg Hall has sinced written about articles on various topics from Lingerie, Desserts and Mortgage. Gregg Hall is a business consultant and author for many online and offline businesses and lives in Navarre Florida with his 16 year old son. For quality