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Here are the best times of year to buy a car

Certain times of the year are better than others.

Image: Shutterstock/KELENY

TIMING IS A key consideration when buying a new (or new-to-you) car. Picking the right month to buy could save you a lot of money as seasonal factors affect the car trade.

So, if you are thinking about buying a car, keep an eye on the calendar and head out to the dealerships at these times of the year.

Convertibles are more desirable in the summer so there may be bargains to had if you go looking to buy one in the winter months.

Four-wheel and all-wheel drive vehicles tend to be more popular in the winter, so there may be good offers if you go shopping for one in the spring and summer months.

The last selling day in January is a great day to grab a car bargain as dealers are keen to reach their first month target and collect their much needed post-Christmas bonuses.

At the end of each quarter dealers are again trying to hit quarterly sales targets so this is a good time to go out and negotiate yourself a deal.

The last selling day in June is another key date – this is the last day of the registration period and dealers will be trying to sell stock to make way for newly registered cars. Same goes for the last selling day in December before the new plates appear.

In general, sales of new cars are slow during the months of May and June and November and December when people are waiting for the new registration period – so shopping during these months will work in your favour.

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Showrooms and dealerships are also quieter on weekdays so it is better to shop midweek than at the weekend when demand for cars is higher.

Of course, the best time to buy a car is when you feel ready and when you have found the car that suits your needs and your budget but shopping at these key times will hopefully help you get a better deal.

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About the author:

Melanie May  / https://www.melaniemay.com

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