The Right Time To Buy a New Car
Who doesn’t love getting a new car? Buying a new car can be exciting, but it can also be stressful. Car buying makes many people think about car dealer tricks and scams. This is basic and simple car buying advice, but it can protect you from car selling tricks and get you a better deal.
Believe it or not the actual day and time of month can influence the price you will pay for your new car. There are times when buying a new car can be more beneficial for the buyer. These times are when car dealers are most likely to give you a much better deal than other times. It has been said that during the week is the best time to buy a new car from the dealer. Almost every car dealer sells the bulk of their vehicles on the weekends and holidays. When a car lot is busy they seem to be very picky on what car deals they will make which are usually the most profitable. Pick a Wednesday to go buy your car and you will find that are much easier to deal with when they are slow.
Besides heading out to the car dealership on Wednesdays, going on the very last business day of the month is even better. The car sales business is based on quotas and numbers. Auto sales people earn a commission on the cars they sell, which is usually a percent of profit. They also get paid a bonus for selling certain numbers of cars on top of their commission. Pick the last business day of any month and you will find sales people selling cars at unheard of prices.
Similar to salesmen, sales managers also get paid according to a pay plan that rewards them for selling a certain amount of cars. It is not uncommon to hear of car dealers doing anything to sell a few more cars on the last day of the month. Very often the dealership will have contests and programs that will pay bonuses. Then at the end of the month everyone that you come into contact with will do whatever they can to sell a few more cars.
Don’t take this the wrong way, your car dealership is going to try and overcharge you no matter what day you visit. The end of the month will always be the best time to work with salesmen and sales managers. Most employees in the car business get a bonus based on their monthly sales volume. There are times that they will pass on the car buyer scams so sell a car and get their month end bonus. Just by altering when you go to the car dealer you can potentially save a bundle of money. It is a good idea to take a car buying checklist with you to the car dealer to cover all the car buying steps .
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