What Are The Best Year-End Auto Deals?

It’s the holiday season, so it’s your time to splurge, right? Well, when it comes to buying a new car, that splurge could cost you for years to come; this is why it’s important to make an informed choice and to maximize incentives and deals in December if you are going to ride away in a new car. For those who are car-shopping, December might be the best time to save yourself some real holiday cash if you do your homework and shop around. 

There are some real bargains to be found towards the end of the month: not only do dealerships want to have excellent sales numbers for 2017 to share with stockholders, but many are also trying to empty their inventory and make way for the new year’s models. Unlike other merchandise, if you wait until January to find those clearance deals at dealerships in Surrey you might be out of luck. 

From sedans to SUVs, there are a lot of outstanding deals to be had - not just for the 2017 models, but for 2018 too. Adding even more incentive to potential buyers is the fact that many financiers are offering 0% financing. That can save you a whole lot over the lifetime of a loan. If the Federal Reserve follows through with the expectation that they will raise rates after the new year, you might have to say goodbye to zero- or low-finance options, which can end up costing you big time on your overall car purchase price. 

Right now there are six financing deals that car buyers can take advantage of; vehicles from the Chrysler Pacifica minivan to the Ford Mustang are offering you amazing financing options. Also, high-end luxury brands like Volvo and GMC are offering as much as $5000 back if you buy before the new year. Lexus, one of the highest-end luxury manufacturers around, is also offering a $5000 cash back incentive for anyone who wants to get their hands on the LC 2018 model. 

Not everyone will be privy to the cash incentives and deals, because those offers are concentrated in certain localities and regions. Some manufacturers will limit specific things or trim levels to the stock of a car dealers in Surrey, so checking around with local Surrey dealerships is important to make sure that you are getting the best deal without hidden costs that you aren’t considering. 

If you want to make sure to get the best deal, then you will want to make sure not to just accept the incentive as all that you can get. You will still want to haggle down the price and negotiate the way that you would without the incentive offer. The mistake that many car buyers make is thinking that since they are getting cash incentives and other deals, the price isn’t negotiable. Without trying to negotiate, you are likely to get the car at the same price you would at any other time. 

It is also a good idea to compare financing rates to get the best deal. Have a price in mind that you will pay for the car, instead of negotiating based on how much you can pay per month. If you tell them how much you have to pay, the salesperson will almost always be able to figure out the price of the car in their favor. Don’t make the payments fit what you can pay - make sure you get the car for a price that is fair. 

To do that, do your research to find out the price of the model you are looking at - not just in your area, but across the country. An incentive is really only an incentive if you are getting a good price on the car to begin with. Make sure that the price of the car hasn’t been raised to make it seem like a deal when it isn’t. As the end of the year approaches, now might be the best time to invest in a new car if you are looking for one. If you wait until January, then you will likely miss out on all the incentives that dealerships have to encourage splurging on a car when “splurge impulses” are high. 

Do your research and make sure to negotiate the price, like you would if they weren’t offering deals and incentives, to get the best deal before the year's end.

I hope you enjoyed this article about the best year-end auto deals for your business fleet or personal transportation needs.

Interested in more articles about business transportation?

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