One question that we frequently get asked is whether or not the end of the year is the right time to buy a new or used car. Truth of the matter is that the end of the year is a great time to take advantage of the inventory specials that are being offered by All Star near Illinois. Let us examine why the end of the year is such a great time to buy.
One reason is the time of year itself: In most areas across the U.S., cold temperatures stop buyers from venturing out in search of a car or coming into the showroom. Also, many would-be car shoppers really are spending their money on holiday presents instead of cars.
There are other reasons why the end of the year is the best time to buy. One is that automakers tend to be selling out of the current model year, and they’re often ready to make good deals in order to move outgoing models out of the showrooms. For example, dealers and car companies don’t want to have 2014 models available in 2015, and that means they’re willing to make good deals on remaining 2014 models in order to clear them out of inventory.
Another reason that the end of the year is a great time to buy? Most automakers are eager to hit sales goals, and with only a few more weeks left in the year, they’ll start making better deals and offering stronger incentives to reach their targets.
Many times, holiday season offers also top regular deals because automakers add extra incentives to meet sale goals and targets. Once it’s a new year, these targets are gone — and that means offers aren’t as strong.