What is the cheapest month to buy a new car?
Final Thoughts on the Best Time to Buy a Car As a general rule of thumb, the later in the year you’re shopping for a car, the better deal you’re likely to get. Shoppers will typically see the most attractive incentives available for new cars in October, November, and December. Moreover, carmakers usually launch new models when entering a new financial year. As a result, car manufacturers offer additional discounts, better financing options and other offers to clear their stock. Therefore, January to March is seen as the best time to purchase a vehicle.As a general rule of thumb, the later in the year you’re shopping for a car, the better deal you’re likely to get. Shoppers will typically see the most attractive incentives available for new cars in October, November, and December.
Where is the cheapest place to buy a new car?
Oregon Is the Cheapest State to Buy a Car. Oregon is the absolute cheapest state to buy a car in 2025, thanks to its lack of a statewide sales tax and low registration fees. On top of that, dealership documentation fees (Doc Fees) are lower than the national average. The cheapest states to buy a car are generally those with no statewide sales tax, such as Oregon and New Hampshire. The vehicle’s total cost is determined by more than its sticker price, with factors like local sales tax, documentation fees, and insurance premiums having a major impact.
What is the best part of the year to buy a car?
Holidays. Holidays such as Black Friday, Memorial Day, Independence Day, Christmas, and New Year’s Eve or New Year’s Day are popular days or weekends to buy a car. Dealers often use these holidays to increase enthusiasm around a sale, when they offer discounted prices, favorable financing, rebates, or cash back. Moreover, carmakers usually launch new models when entering a new financial year. As a result, car manufacturers offer additional discounts, better financing options and other offers to clear their stock. Therefore, January to March is seen as the best time to purchase a vehicle.
What month do car prices drop the most?
November and December are standout months for car buying, as dealerships are eager to hit their annual targets and clear out inventory for new models arriving in the new year. This push to move inventory often results in some of the biggest discounts, incentives, and rebates of the entire year. Negotiate Wisely Explore end-of-year sales, festive discounts, and dealership incentives to capitalize on cost-saving opportunities. Consider buying during off-peak seasons when dealers may be more willing to offer discounts to meet sales targets.