What is the best time of year to buy a used car?
End-of-quarter months — March, June, September, and December — often lead to even bigger savings. The best time is the final days of the year, when dealers try to clear inventory before the new year. Checking online inventory for cars that have been on the lot longer can also reveal pricing flexibility. Our data indicates that October and November are still the months when car buyers can expect to get the best discounts. However, there are other notable factors that shoppers should also consider when purchasing a used car in today’s market.According to the latest Edmunds sales data, the best time of the year to buy a used car is in the months of November and December.Buying a used car during quieter periods can help you get a better price on your next car. March, June, September and December are typically slower months. When it’s quiet, dealers will be more motivated to make sales to meet their targets. If possible, it is also a good idea to visit a dealer in the week.Used cars are usually at their lowest prices from October through December, covering both late fall and early winter. This is a time when demand drops and dealerships aim to move vehicles off the lot.
What is the cheapest month to buy a car in the UK?
What month is the cheapest to buy a new car? December is typically the cheapest month to buy a car as dealers will offer significant discounts and promotions for buyers so that they can meet their end-of-year sales targets. The optimum age range for purchasing a used car is commonly recognized as falling between 2 to 5 years old. Within this timeframe, a car has traversed the steepest part of its depreciation curve while still maintaining relatively new and well-maintained conditions.Know The Best Time To Buy A Car and Negotiate Between September and December is the best time to buy a new car, with November being ideal.The sweet spot for used car buying is typically between 2-5 years old. During this period, cars have already undergone the sharpest depreciation (about 20-30% in the first year alone), making them significantly more affordable than a brand-new model.Generally speaking, the best time to buy a used car is at the end of the month, especially at the end of a quarter: March, June, September, and December. Dealers will be keen to meet their sales targets and, in turn, may offer better deals.