Buying a New Car: When Is The Best Time To Do It?

Do you need a new car or should you keep your current ride to save a bundle? There are several considerations when deciding whether to purchase a new vehicle for personal use or not.

Image source: Pixabay.com

It could depend on the type of car
Convertibles are a hit in the summer, so there might be good bargains in the winter. On the other hand, demand for four-wheel-drive cars typically peaks during autumn and winter due to poorer weather, so bigger discounts in the summer can be expected. After the launch of a new model, wait a few months to let the showroom buzz die down a bit and to get a potentially better deal.

Think of cost, safety, and connectivity
If repair bills are sky high and the mechanic is spending more time with the car than the owner does, it’s probably time to trade up. The car could also be running well but rust or collision damage is making it structurally unsound. Keep older cars only if they are safe and reliable.

Do you want the latest entertainment and convenience features?
If yes, you are probably going to want a new car to get your hands on the latest infotainment systems. Note that some features, however, can be added to an older car – although integration may be an issue.

Try last year’s model
Another good timing for one’s new car purchase is getting a vehicle from the previous model year. New models will probably start coming out in the fall of the previous year, such as a 2018 model debuting in the fall of 2017. Dealerships will usually want to get rid of last year’s stock before the new model arrives. Get heavy discounts on the older model, if not, having the latest look or features is all right.

Image source: Pixabay.com

Accelerated Service International has been a leader in automobile dealerships, financial institutions, and agents, serving these in the last 20 years or so. Read more on this page.

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