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Car Buying and Financing FAQ

What Are the Best Times of the Year to Buy a Car?

What Are the Best Times of the Year to Buy a Car?

The best times to buy a car are typically at the end of the year, holiday sales events, and the end of each quarter when dealerships offer discounts to meet sales targets.

Car buyers can find the best deals during specific times of the year when dealerships and manufacturers offer incentives, rebates, and discounts. Here are the top times to consider:

End of the Year (October โ€“ December)

  • Dealerships clear out old inventory to make room for new models, leading to significant discounts.

  • Year-end sales events, like Black Friday and holiday promotions, often include cash rebates and lower financing rates.

Holiday Sales Events

  • Fourth of July, Memorial Day, and Labor Day: Popular times for car sales, with dealerships running promotional discounts.

  • Black Friday and New Yearโ€™s Eve: Some of the biggest markdowns and special financing offers happen during these holidays.

End of the Quarter and Month

  • Dealerships and salespeople have quotas to meet, making the last few days of a month or quarter a wonderful time to negotiate a better deal.

New Model Releases (August โ€“ October)

  • When new models arrive, older models often get discounted to clear space on the lot.

Looking to buy or finance a car? Explore top deals at Auto Bandit and find the best offers today.