Best Time Of The Year To Buy A Car

There are bargains to be had if you’re prepared to negotiate or wait for a deal.

You’re ready to buy your next car, but when is the best time to do so? Well, dealers are often open to negotiate when it comes to price, but they can be more easy-going when it comes to a bargain at certain times.
In particular points of the year, dealers are looking to get rid of a lot of used cars – this usually being in September and March – just after the new number plate formats are introduced, this is when lots of people tend to part exchange their old cars for new ones.
In the run-up to the plate changes (in August and February) dealers will also want to clear out their old stock in expectation of a flood of 18’ plates. Therefore, with the limited space most dealers will have, most will take a lower price to rectify this issue.
It’s worth shopping in the quieter periods too, as dealers are motivated to hit their monthly targets. August and February are seen to be again the best time to do this, as many people will be delaying their purchase to get a car with a new plate. Also, many people are not focused on buying a new car around Christmas, so getting a deal in December or January is a smart move!
We’ve also found that dealers are always trying to meet or beat their KPI’s, so try to shop when they’re near the end of a period like a Friday, towards the end of a month, or near the end of a quarter.
Consider the time of the year as well, as certain times of year favour certain types of cars. It may come as a surprise, but as soon as the UK witness the slightest bit of sunshine, the rise of convertible prices rapidly increase. Therefore, we suggest buying a convertible in winter, the same works if you’re looking to buy a SUV– buy this in the summertime, and you’ll thank us later.
Sometimes, the press can be our helping hand. By looking for news of forthcoming new models or updates for the new year – the debut of the new style of car will often mean the outgoing model is ready for you at a discounted rate.
We all love our sales, so keep these special times of the year in your diary or calendar as this is when dealers will have proper sale events, with big savings available. These include bank holidays, Boxing Day and the Black Friday sale at the end of November.
With us being at the end of February, look out for the new 18’ plates coming out and the new deals for older models coming your way too.
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