Best time to buy a new car in the US?
 

Is it in December or in January?

Looking myself actually..they say november but don't think that applies this year..oversupply/underdemand.

always been told right after xmas to middle of jan

Got my eye on a new truck but have to pay cash here. the % is 14 to 16 so I have to save anther 3 months or so. :(

If your going to buy new, February is the best as that is when they need to close out their books. If you go towards the end of the month, the will give you HUGE discounts on the "new" inventory from the previous year.

i.e. if you go Feb 2011 you can get a new 2010 for cheap

Used cars depends, but most dealers want to close out their used inventory by end of year at the end of December. Any sales person wants to squeeze in the last possible sale at the end of the month to boost his commission, so hold off until then

actually the best time to buy a car is during july and august, last week of each month,
first because dealers are trying to get rid of the last years models, second, there is manufacturers rebates from 1k to 4k and special financing, and specially the last 2 days of each month you can fight over price, as dealers get big bonuses if the sell certain amount of cars per month.
I worked as a car salesman for 4 years, sold myself 2 vehicles, during this time, 0% financing plus 5000 discount in manufacturers rebate and dealer money

haven't been in the market for a few years, but I used to hit them between Christmas and New Years.

i like to steal cars. much cheaper all year round - and if its winter - when I set fire to it - it keeps me warm and cosy

There is really no good rule, sure you pay less at the end of the year... but then you drive the car for lets say 3 years... try to sell it, but then everyone will see it as a 4 year old car.. so you will get quite a bit less... so overall you won't really save anything...

right now before the end of the year

If you can buy outright then whenever you choose it to be the best time it is.

If you have to finance, but have good credit and have a significant down payment ( 20% or more of the car price ) then also, you can choose the time from what I have seen. I have bought my last 3 BMWs in the summer and each time had a great deal that worked for my budget. I had to shop around like mad ...but, I got what *I* wanted at the price I wanted it. There are many cars out there for sale, do not jump at the first one.

No money down and bad credit. There is never a good time. You are at the mercy of dealer.

NEVER is the best time. Buy lightly used and don't end up eating the depreciation. :-)

It is currently a buyer's market.

Cash talks; don't even fuck with their financing.

end of year is best in my experience

wrong. and when was the last time there was a "sellers" market for cars? are you retarded?

DON'T talk financing or how you plan to pay UNTIL you have a deal in writing. You can get just as good a deal financing with their in house bank as you can showing up with cash.

Also, if you buy a used car and use their in-house financing and turns out its a lemon or they lied to you in the sales agreement (i.e. said it was a certain model, year, etc), the liability then extends to the bank :winkwink:

That would be around 1972.
You missed it, sorry.

It's really not any specific time end of year or beginning of new year. Lots are always trying to offload older models for new ones any time during that period. It's really more specific to the car you're looking at...

2011 models, many times, are released in 2010...

The best time to buy a car during any given day is a bit after lunch, like 1-2 PM specially on weekdays.

I used to sell...Bossku is right. You want to buy when they are at their slowest and there is a tremendous amount of pressure to move carried over models from last year.

Winter time is cold. Try buying a car in the summer to test drive and drive it in a better climate. A snow storm with lots of snow may cause roads to close down. Snow plow machines would have to clean snow. Be careful when driving in the winter - snow and ice is slippery. Good luck.

my thoughts exatly. i bought a new car when i was in my early 20's and i will never do it again.