AUBURN HILLS, Mich., Aug. 27, 2012 /PRNewswire-iReach/ -- Some of the most commonly asked questions regarding the automotive business are concerning when the best time to buy a car is. While there really is no one specific day that stands head and shoulders above the crowd, the Labor Day car sales 2012 make a strong case that the best time could be early September, for several different reasons.
While much of the price negotiating process relies on a great number of factors, one of the easiest to control is when you go shopping. Normally it is always better to head to a dealership near the end of the month, since dealers will be trying their hardest to close on as many deals as possible before time runs out, but the Labor Day car deals are an exception to this rule.
The first Monday of September is the last big car buying holiday before we get into the winter holidays. Many car buyers figure if they need to buy a car this late in the year, they should just wait until it is closer to Christmas time. This means many dealerships will be taking this chance to drive sales as much as they can to hold them over until the big holidays.
Car dealers will also always have a big sales goal they need to meet on weekends that are expected to be very busy like Labor Day always is. You will be more likely to get a dealer to bend on the price if they just want to close the deal and move on to the next one.
Another less known fact is that in September, many of the next year's models will start arriving in their respective dealerships. This means that they have to make room and try to clear as many of the older outgoing models as they can. Some of the biggest rebates and best financing incentives come on these cars for this reason.
Here is a list of some cheap cars that are being redesigned in 2013. The 2012 models will have some of the best deals on them, and are a great place to start your car search this Labor Day:
- Chevy Malibu
- Chevy Colorado
- Ford Fusion
- Ford Escape
- Honda Accord
- Nissan Altima
- Volkswagen Golf
- Scion xD
- Toyota RAV4
- Hyundai Santa Fe
- Lincoln MKS
Buying 2012 models does have some disadvantages, however. You will miss out on the latest and greatest that the brand new models have to offer. These older models will also have a bigger instant depreciation after you drive away in them than the newer models. If you are going to buy a 2012 model, it would be much more beneficial for you if you were planning on driving them for a long time to come.
There is no one day that is clearly the best time to buy a car. However, if you had to pick one, Labor Day is definitely near the top of the list. The best way to get better deals is to be an informed and well prepared shopper, regardless of what time of year it is. Do all your homework and take advantage of the 2012 car sales this Labor Day.
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