Timing is important when you’re looking to get the best deals on a new car in Canada. Buying impatiently, impulsively, or on a whim reduces your chances of getting the best deals possible, so make sure to research and prepare to negotiate extensively. You can save thousands by equipping yourself with the right knowledge, like the dealer invoice price reports, which you can get from Car Cost Canada. Below you can find 4 tips for buying a new car at the right time to make the most of your budget.
Buying Your Car at the End of the Year
You can get great deals on a new car by buying at the end of the year, just before the following year’s models are about to be released in Canada. Dealers and manufacturers often offer massive discounts and great financing rates to clear their lots and ship out the last remaining cars of a model, to make room for next year’s models.
Of course, buying close to the end of the year sometimes means getting the last generation before a model is updated with a facelift, making your new car look a little dated. So research and decide whether you would prefer a highly discounted new car from an older generation or an updated model that comes with fewer incentives, at a higher price. Whichever you choose, make sure to get a free dealer invoice price report from CarCostCanada, so you can negotiate the best deal possible.
Buying at the End of the Month
Manufacturers and dealerships in Canada often offer bonuses to dealers who sell a certain number of vehicles, so a dealer may be more willing to let a car go at a lower price at the end of the month, to fulfill a quota. This, of course, isn’t true for every model, manufacturer, or dealerships. Certain models are rarely discounted, and certain dealers may hit their quotas near the beginning of the month. To ensure the best deals on a new car, you need a free the dealer invoice price report, which includes the dealer invoice price, so you can negotiate stronger.
Buying at the End of the Day
It’s no secret that your chances of getting the best deals on a new car increase near the end of the day. Often dealers prefer to make quicker deals with less hassle at the end of the day and make negotiation easier by offering lower prices. Despite the great price that a dealer may offer near the end of the day, there is always room to negotiate.
Buying in the Winter
New car sales in Canada always slow down during the winter months. A season of slower sales often leads dealers to price their cars lower and negotiate less aggressively, to be able to sell as many cars as possible.
Buying a new car can be a complicated process, and negotiating the best price can be difficult. Getting a free Car Cost Canada report today, to get the best deals on your next new car with no hassle. Call 1-866-453-6995 for more information.