Buying a new car can be a tricky business. There are many things to take into account, including what kind of car is best for you and your lifestyle, the most important is if it fits your budget. However, you should also think about the best time to purchase a car as it has tremendous effect on its price.
• New models
Three of U.S. car makers always launch their new models during August and September. Most buyers are excited of most recent models so dealers give bigger discounts and tempting incentives to dispose of the models the previous year.
• End-of-month pressure
The last five days of the year pressures dealers to give the greatest incentive to make an auto deal as most car makers are rewarded with bonuses when certain sale numbers are hit by dealers. Dealers can afford to take a loss since they get the bonus for hitting their quotas.
• Year-end sales
The last week of the year welcomes sales, especially from car makers of luxurious brands as BMW, Lexus and Mercedes Benz. Manufactures want to stretch those remaining sales and give discounts. But you have no option for the choice of colors.
• Redesigned model
Manufacturers redesigned their vehicles periodically to bring about a situation for the outgoing and new models are sold simultaneously. In some cases, dealers are eager to get rid of the outgoing model by offering high incentives and discounts.
Pick days, months, seasons and right timing for better deals
Finally, proper timing is essential to get better deals in purchasing new cars. In the purchase, allow leeway for the human factor. During the proper time, build goodwill with the salesperson and he will offer you the best deal. With a little patience, you save a few dollars, get the car you want for the price you want by waiting for the best time. Article was written by the leaders in Gap car warranty insurance - http://www.click4gap.co.uk . Click4gap has been around for many years. Seen as one of the top gap insurance companies in the UK.