The holidays are just around the corner, which means lots of shopping. But what about buying your dream car? December is one of the best times to buy a new or used car. Check out our blog and dive deep into the pros and cons of your holiday shopping experience.
No need to worry if you missed Black Friday or other end-of-the-year deals. When purchasing a vehicle, you can save money if you plan your vehicle’s timing. December is usually the best time, and here are some reasons why.
Pros of buying your car in December
Car prices will increase in 2023
You will save money by purchasing a vehicle in December rather than waiting to purchase a vehicle the following year. Most manufacturers increase their prices yearly due to production costs and the current global chip shortage. You will save money before the year ends, especially around the end of the month, as the MSRP will not change until the following year. So, if you purchase a vehicle in 2022, you can save some extra bucks!
VINN Tip: Be sure to shop around and stay up to date on our inventory so you know what is available to you.
Discounts
As the year ends, so do sales targets at car dealerships. With the year wrapping up, many salespeople must make their sales quotas. This means they may offer various car deals in terms of incentives and rebates to incentivize you to buy your dream car.
Additionally, many dealerships will be looking to sell older models as the following year’s models will arrive at the showroom soon. Any previous unsold models will need to be sold as soon as possible, creating a further reason to discount.
VINN Tip: When negotiating, if the salesperson does not offer a lower price, ask for supplement items for your vehicles, such as all-weather tires, lifetime oil changes, and mats.
Cons of buying your car in December
Cold weather
The winter season can be an inconvenient time of year for driving. The roads will be more challenging to drive with snowy and icy conditions. So, you’ll want to test drive your dream vehicle beforehand, and you might have a different experience if you were testing it out during spring or summer.
VINN Tip: If you plan to purchase a vehicle in December, look at the weather forecast beforehand to avoid challenging driving conditions.
Final Thoughts
We know December is a busy month, but it is the perfect opportunity to save money when purchasing a vehicle. Be sure to compare and contrast our tips above to make your purchasing journey much easier for the next car or first one.
At VINN, we’re here to help you find and finance your next car. Our team will work directly with you to guide you through the car shopping process and help you to get the best vehicle for the right price.
We’ll answer any questions you have regarding payment options or credit concerns, and till then you can browse our inventory. Connect with one of our vehicle experts today to start your car shopping journey.
