Car Prices Blogs

Want to get rid of your old vehicle? Planning to buy or lease a new car? You have 2 important things to do:

1. Research new car prices so you can compare, choose, and save money on your new vehicle.

2. Know the best times to buy a new car so you can get great offers jackpot deals.

Experts say that the best time to buy a new car is when you are ready to buy, meaning:

1. Your credit score is above average (so you pay lower interest rates on your auto loan or car lease). What is a good score and a bad FICO ? Anything below 620 is considered high-risk or subprime.

2. You already have money for a down payment. Sure, you can lease a car with no down or zero down, but it is better to make a down payment because this will lower your monthly payments. The same is true for an auto loan. If you are going to buy, you can expect to pay at least 20% of the price of the car for your down payment.

3. You already know the car that you want.

Best Times to Buy a New Vehicle

If you are ready to buy a new car, then here are the best times to get the best deals and the lowest financing rates on any type of new vehicle:

December

December is the holiday season. Near the end of December is one of the best times to close a great deal because the showroom is typically empty. People are shopping for gifts, instead of shopping for new cars. If you can wait, you should buy a new car near the end of December because salesman are also trying to complete their yearly sales targets.

Dealerships are also in the mood to spread some holiday cheer during the merry month of December. This is the time when holiday rebates and incentives will come into full swing.

Late Summer or Fall

The months between July and October is a virtual hunting ground for bargain car shoppers. It is during this time that new models are being introduced into dealer showrooms. In order to get rid of excess inventory and vehicle stock, the dealer has no choice but to cut into their profits and sell the vehicles at low prices.

You can also find low APR financing offers and low monthly lease deals during this time. Of course, you will need to have a good credit history in order to take advantage of such offers.

Ready to buy a new car? Start your car shopping the right way. Find new car prices online and find competing dealerships with the best offers in your zip code.