When is the Best Time to Buy A Car? July 26th 2019 Written by: Eric Burkholz
When is the best time to buy a car?
You've done your research and due diligence. You've searched the best car, but have you found when the best time to buy a car is? You've looked at the pros and cons of buying a Honda, Toyota or Nissan. Knowing your pricing, knowing your model, year, color, your whole sale value all that plays it's part. You've made your choice. There's no going back, but when should you buy it? Do you realize you can save thousands of dollars depending on the time of year that you buy your car?
Here's are some ideas of when you should buy your car?
Holiday Sales Events
This is a buyers paradise, when shopping malls, homes and Christmas presents are at cheaper pricing, the best way to get these buyers to notice you during the holidays, you will find that some of the best times to buy a are a car are when there are offered deals and price decreases at an alarming rate at these times. The same goes for car dealerships. Here are a few holidays to be aware of to look for better deals.
New Years Eve: This might be one of the best times to buy a car. Year end quotas and bonus' are all dependent on number of sales made, so your salesman might be mighty eager to just get rid of the car with a price reduction. So expect some opportunities to find a deal or two for this reason.
Black Friday: Wal-Mart isn't the only company who's profiting from Black Friday. Car dealers significantly reduce their prices around Black Friday just like any other shop.
Memorial Day: Memorial Day can be one of the best days that you can purchase a vehicle.
End of the Year
If we think about the life of a sales man, we see that he or she has quotas and goals to reach monthly and yearly. With that in mind, not only is the last month of the year but the last week of the month. You might be able to lower a price anywhere from $1000 to even $3000 off of a $20,000 depending on your salesman, the dealership and circumstances. New Years Eve must be the best time of the year in order.
End of the Month
Just like the last of the year is one of the best times to buy a car, the end of the month is one of the best times of the year to buy a car. Some of the best salesman know that if you place a yearly goal but you don't brake down the goals in smaller goals you're not going to get many sales and just get overwhelmed, so they brake it down by month to make their sales numbers easier and more doable over the year. So a salesman will be more motivated to sell at the end of the year and likely to get you some kind of discount or cheaper price.
Wait to buy this years model when next year's model gets to the dealerships
Something that is different with purchasing a car than buying a home is that as soon as it comes off the lot it's price just plummeted. Your $60,000 car went to $40,000 in about 10 seconds as you sign your fancy amazing signature. When buying a car and trying to get the most out of the car, look for a "year old" or brand new car. So if it's 2019 in September and the new 2020 cars are coming out, you wait to buy the 2019 models when the new 2020 models are coming out and you get the cheaper "used" price of the 2019. This is a strategy that will save you lots of headaches due to decreasing values and money as you make your car payments.
Memorial Day Weekend
With several clients having this issue we've seen a thing or two about accidents on the road with commercial truck drivers. Not only can it be dangerous to driver with a large semi truck on the road there are certain precautions that need to be taken when driving a semi. There are several reason's why these vehicles are in many cases over $100,000 to purchase, they are very heavy duty, carry large amounts of cargo and quantities of cargo but they also are expensive if in an accident or something brakes down. If a semi isin an accident there are often times hidden problems that arise in others cars as well as the semi that go unnoticed to the untrained eye. We recommend three things happen when your semi gets into an accident on the road and that we recommend every driver get trained before he hits the road on a voyage.
After the accident when you take as many pictures as you can you are putting yourself in the best position to be prepared for previous accidents or problems that can occur when taking the info to the shop. The same with regular accidents as well. For example there are still claims that are filed with an insured taking one or to photos of an accident on the front bumper for example. At face value that accident was just the front bumper but there are hidden issues underneath the car that are issues that can cause problems down the road that are completely unnoticed. Take as many pictures and save your self a world of hurt when it comes two months after the accident and you have an axle issue.
1.Take as many pictures as possibleafter the accident from as many angles possible.
Next, many drivers now a days will put cameras all over their rear view mirrors that will record accidents and what really happened. We recommend if you are CDL driver and are spending hours and hours doing something on the road, then make sure you get a camera that will record your trips with a DF card inside the camera. This will store the footage that is taken on the camera so you can see what actually happened. This is very important for drivers that even don't trust witnesses at the time of the accident. You can go back to the footage and get a real time view of what has happened in that accident. Like a pro football game you get a "UNDER REVIEW" of what happened.
2. Get a Camera for driving footage
Last get with your insurance agent to get the right coverage and make sure you have all of your bases covered. If you have Motor Carriers Coverage for all of your cargo but don't carry physical damage coverage. It's going to cover your cargo but if you brake a pipe while loading your cargo into your truck and you have no physical damage coverage than it's not going to be helpful at all for your coverage and you will have to pay out of pocket for this.
3. Contact you and/or your insurance agent ASAP, regardless of how minor the accident may be.
3. Contact you and/or your insurance agent ASAP, regardless of how minor the accident may be.
I hope as CDL drivers and drivers of all kinds of cargo, whether that is food driver insurance, commercial semi truck insurance or freight cargo, you will take these important steps to ensure you have your ducks in a row and your basis covered.
I have been doing insurance and quotes for individuals and businesses for a long time. It's my specialty. I have seen what works and what doesn't. I love to do it because I get results. Whether it takes a long time or a short amount of time I know what it takes to see results over time. Usually things are pretty predictable depending on the market. I am really glad to learn that there's a lot of learning that I still want to do. I don't what to be stagnant and get stuck. I feel the better I know also the companies that I work with if I know the basics and the details I will be able to better educate my clients in order to provide them the best possible knowledge in each situation. I am learning more and more about my companies that I work with and am constantly acquiring more knowledge.
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The Burkholz Insurance Agency specializes in home, auto, commercial real estate and truckers insurance. We have several locations accross the country and have multiple enterprises we go through to provide some of the best products for our customers. W have Bundling options, broker with multiple providers, good student discount, Broker in Las Vegas NV, 100% straight forward pricing, Best reputation in Las Vegas, NV. Contact us for a quote.