When Is the Best Time to Buy a Used Car?
When it comes to getting a great deal on a used car, visiting a dealership at the right time is key. Certain days of the week, months of the year, and holidays may yield lower prices, but how do you know when the iron is hot enough to strike?
Luckily, Mile High Honda is here with the inside scoop on the best times to buy a used car. Drivers in Denver, Centennial, and Aurora can time their visit to a dealership using the following criteria:
During the Week
Stop by a dealership during the middle of the week, preferably Tuesday or Wednesday. Since most people are working, business is slower and less chaotic. As a result, salesman will do everything they can to move a vehicle.
More people shop for cars during the weekend. Saturday and Sunday tends to be hectic, and Monday is usually dedicated to tying up loose ends after the weekend rush. But if you stop in during the middle of the week when salesman have more time, you might be able to get a better deal.
Best Time of the Month to Visit a Used Car Dealership
We recommend visiting a dealership toward the end of the month when its staff is trying to hit last-minute quotas and sales goals. At that point, dealerships are willing to negotiate aggressively to make room on their lot for newer models the following month. Salesman tend to be more flexible when they’re trying to move more inventory.
Best Times of the Year
Dealerships usually offer better rebates and discounts toward the end of the year when they’re moving older inventory. From September through December, salespeople and their managers are trying to get rid of their inventory so they can prepare for the next year. As a result, you may be able to negotiate a better deal and increase your chances of saving.
Holiday Shopping: Used Car Edition
During holidays like Thanksgiving and Christmas, business is slow at most dealerships. Typically, shoppers get higher rebates and better incentives when they shop around these times compared to the rest of the year. The inventory may be smaller, but depending on what you’re looking for, you might be able to get a great deal.
Used Cars in Denver
If now’s the right time to purchase a used car, stop by Mile High Honda in Denver to check out our inventory. Drivers in Aurora and Centennial routinely turn to us for our wide selection of cars, trucks, SUVs, and crossovers, and we’ll help you find one that has everything you need.
Whenever you’re considering a pre-owned vehicle, visit Mile High Honda, conveniently located at 2777 South Havana Street in Denver.