Thinking about buying a car? You might find that January is actually the best time of year to buy a car and you could save a fortune by shopping at the start of the year – this may even mean that you are able to afford a better car than you originally planned. These are the main reasons why January is the best month to buy a car.
One of the main reasons that January is a good month is that it is typically quiet in showrooms as people are often looking to avoid big spending after Christmas. As a result, dealers are often desperate to make sales during this month which means that you often see generous deals on great cars.
Affordable Warm-Weather Cars
You will also find that cars which are suited to warm weather are also cheaper during winter because they are not in demand. This means that convertibles, sports cars and any other type of warm weather car could be found for affordable prices.
Affordable Luxury Cars
Similarly, luxury cars are usually at their most affordable in January. This is because these are the vehicles that become the hardest to move after Christmas so you can often find generous deals on the most desirable cars available which is a great way to get behind the wheel of a car that is normally out of your price range.
Dealers make their money by selling the newest cars so those that stay unsold can often be picked up for affordable prices so that they can make room for newer models. Therefore, you should be able to find cars from 2019 for lower prices in January and you might be surprised at just how much you could save by buying a car from last year.
Try End of the Month
It is also worth waiting until the end of the month to try and get a good deal. This is because a dealer is more likely to be struggling to hit their targets in this slow month so they may be more willing to cut a deal to boost their numbers.
As you can see, the start of the year is a great time to buy a car and you might be surprised at just how much money you could save or the kind of vehicle that you could afford by shopping in January. This is a much quieter time with dealers struggling to make sales so you could take full advantage of this and find a great car for an affordable price