Why is it taking so long to get a Toyota?
Every automaker’s goal is to have customers clamouring for its vehicles, but sometimes it can be too much of a good thing. That’s what Toyota is discovering, as high global demand for its hybrid models is creating vehicle shortages and, correspondingly, longer waits for customers to get their cars. Toyota President and CEO Koji Sato has said “a car is not a car if it’s not fun. He contends model updates, slightly better fuel efficiency, and new designs aren’t enough. Instead, he wants emotional and passionate products that connect with consumers.
What’s the best time of year to buy a car from a dealership?
December: December is arguably the best month to buy a car. Dealerships are trying to hit their year-end sales quotas, and salespeople are often more motivated to offer better deals to meet these targets. The closer you get to the end of the month, the better the deals tend to be. December is traditionally considered the best month to buy a new vehicle, and industry experts predict that the trend will continue this year. The reason is simple: Dealerships scrambling to hit quarterly or annual sales goals tend to offer the steepest discounts. That makes December a sweet spot for car shoppers.The best time to buy a car is often during the final months of the year. Dealerships need to clear out their inventory to make room for next year’s models. This means November and December are great months to find significant discounts. Look for special promotions, rebates, or year-end sales events.What months are cheapest to buy a car? Though there’s no perfect formula that dictates which month is best to buy a vehicle, a good rule is to shop during the year’s later months, including October, November and December.With limited space on the forecourt, used car dealers often take a lower price to clear some real estate. Thus, August and February can be the best time to buy a second-hand car. For more advice and tips on when the best time is to buy a car visit our Car Buying Tips section of our website.Though there’s no perfect formula that dictates which month is best to buy a vehicle, a good rule is to shop during the year’s later months, including October, November and December.
Is Toyota having supply chain issues?
High consumer demand, a shortage of critical components, and supplier bottlenecks have led to extended wait times for Toyota’s gasoline-electric hybrid vehicles. As more buyers seek fuel-efficient options, supply chain constraints are making it increasingly difficult for the automaker to keep pace. The marked increase in demand for Toyota’s hybrid vehicles, especially since 2024, has led to inventory problems and delivery delays of several months, even more than a year, not only in Quebec but also in many other markets around the world.
What is the cheapest month to buy a car?
The end of the calendar year — specifically October, November and December — is typically one of the best times for car shoppers to get deals on vehicles. Cars sold during this time usually come with higher discounts and incentives than those sold during other times of the year. 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.