Nobody told you what the best time is to buy a new car (2024 guide)

If you are thinking about buying a new car in 2024, you have probably wondered more than once :

SUMMARY:

Waiting until the end of the year is a good option for buying a discounted car

December remains one of the best months to buy a new car. Traditionally, dealerships try to meet their annual targets, resulting in attractive offers. Although more aggressive deals have decreased due to the economic crisis, it is still possible to find good opportunities at the end of the year.

During this time of year, particularly in the final days of December, dealerships that have not met their targets set by manufacturers are forced to clear out stock with better discounts. However, it is important to keep in mind that this tactic can lead to a higher depreciation of the car due to the change of year.

Additionally, this month is ideal for those looking to purchase cars from the previous year’s model. These cars often include annual fleet updates, and by promoting new launches, the prices of older models are reduced.

Buying a car at the end of the month always helps

Another effective strategy to find deals on new cars is to wait until the end of the month. Manufacturers and dealerships set shorter-term goals due to the uncertainty in the sector and rapid technological developments. For this reason, it’s common to find discounts throughout the year, especially as the month comes to a close.

In these periods, dealerships may offer additional discounts to meet their sales quotas, creating a perfect window to find a good deal. Keep in mind that although August has historically lower foot traffic in dealerships, Monday is also considered the best day to buy a vehicle due to lower demand.

Special events: an opportunity you can’t miss

Special events and car fairs are unique occasions to obtain discounts on new cars. For example, during auto shows and local events, brands often attract the public with special offers and promotions. Black Friday, the last Friday of November, is also an excellent opportunity to find attractive deals.

At these events, special offers and promotions not only help improve sales, but also allow consumers to acquire vehicles at reduced prices compared to normal days. It’s a good time to pay attention to social media and dealership websites !

Take advantage of public incentive plans

Public incentive plans and government grants can be very beneficial when buying a new car. The MOVES III plan, in effect in 2023, offers grants for electric vehicles, hybrids, and other types of alternative fuel vehicles. Additionally, there are grants specific to Autonomous Communities, although they are incompatible with the state grants.

Having clear knowledge of these incentives can help you significantly reduce the cost of your new car. Here are some of the benefits of these plans :

• Discounts on the final price of the car.
• Reduction of taxes associated with the purchase of vehicles.
• Additional help for electric and sustainable cars.

Furthermore, it is advisable to regularly check official pages to stay updated on new aids and programs available. It is not just about buying a new car at a lower price, but also about taking advantage of the benefits of car-sharing in combination with these incentives.

Ready to buy your new car ?

Deciding the best time to buy a new car in 2024 involves considering multiple factors. From the discounts offered at the end of the year to the end-of-month opportunities, through special events and public incentive plans. In the case of zero-kilometer cars, dealerships sometimes self-register units to reach their monthly targets and then sell them at lower prices, particularly in January and February.

As a car enthusiast, I always recommend paying attention to model updates. Just before the launch of a new generation or facelift, dealerships prefer to sell the units of the previous version at a reduced price, another chance to secure a good discount.

From my experience and dedication to vehicle design and mechanics, I recommend thoroughly checking each available option and being flexible regarding the timing of the purchase. Be sure to perform a complete evaluation of the available offers and do not hesitate to consult specialized vehicle websites to make an informed decision.

Finally, remember that investing in a new car should be an informed and strategic decision. Good luck in your search for the perfect car in 2024 !