For many people, there is not a set time of year when they need to purchase a new vehicle. Some individuals may choose to purchase a car before they go on a vacation, while others might simply decide to make an impulse purchase. Ultimately, the timing to purchase a new vehicle will depend upon budget, when you can get financing, and when it is convenient. Let's take a look at some times throughout the year when you might want to purchase a new vehicle.
The end of the year, particularly the months of November and December, can be a good time to purchase a Honda. This is because many dealerships offer special promotions and incentives to clear out their inventory before the new models arrive. Additionally, dealerships are often looking to meet their year-end sales goals and may be more willing to negotiate on price. Keep in mind that some automakers may also offer special financing options, such as low-interest loans or cash rebates, during this time.
The arrival of a new model year can also be a good time to buy a car. This is because dealerships are looking to make room for the upcoming new models and may be more willing to offer discounts on their existing inventory. Additionally, if you are interested in purchasing the latest and greatest model, buying during the new model year can give you access to the newest technology and features. Most auto manufacturers used to roll out the next model year in October of the current year. Depending upon the manufacturer, you can find the next model year as early as August or September. In 2022, 2023 models such as the Honda CR-V began arriving at dealerships at the end of September and October.
If you are wondering about the best time of week to stop in at a dealership, earlier in the week is better. Weekends tend to be hectic with many customers and busy finance offices. Visiting the dealership during the weekdays when there is less activity can allow for more in-depth questioning and a quicker transaction.
The end of the month can also be a good time to buy a car, as dealerships often have monthly sales targets to meet. To help meet these targets, dealerships may be more willing to offer discounts or promotions to encourage car buyers. This is especially true if the dealership is close to meeting their monthly sales goal and is looking to push a few more cars out the door.
While the end of the year is typically the best time to buy a new vehicle, there are other times to consider making a purchase. Dealers such as Brickell Honda typically have specials every month. Generally speaking, the first quarter of the calendar year are the least discounted months at car dealerships. Starting in April, dealers may start offering sales when income tax time rolls around. The months of April through September are better discounted months, while the fourth quarter will always have the best deals. The discounts on vehicles typically follow a trend that coincides with the introduction of the next model year. In general, When there are newer model years coexisting with the current model year, the better pricing will be.
Some people take advantage of three-day holiday weekends that happen throughout the year. Generally speaking, dealerships will have specials on these weekends:
For those who want to get a deeper discount on a new vehicle, it's always a good idea to look at a current model year before it gets redesigned or discontinued. For example, the Honda Civic underwent a redesign for the 2022 model year. Those who purchased a 2021 Honda Civic at the end of that design cycle likely got a great deal when the new redesign hit the market. The Honda Insight was discontinued for the 2023 model year. Even though sales lagged in 2022, those who bought the Honda Insight still enjoyed the benefit of the most efficient vehicle on the market that did not require an electrical outlet.
Visit Brickell Honda today and experience the exceptional customer service and wide selection of vehicles that we have to offer. Our knowledgeable sales team is dedicated to finding the perfect car for you and ensuring that your buying process is seamless and stress-free. Book a test drive now and see why Brickell Honda is the top choice for car shoppers in the area. Come experience the difference today