Bumble Auto

Is It Good to Buy a Car at The End Of Year?

Is It Good to Buy a Car at The End Of Year?

Is It Good to Buy a Car at The End Of Year?

Buying a car at the end of the year is always a good option because of multiple reasons. The manufacturers need to offload the last year’s models and dealers have to make room for the newer models. That’s why you may face several lucrative car deals at the end of year. Furthermore, there are some best and worst months to buy a used car and December is among the best months to buy a car.

Is the End of Year the Best Time to Buy a Car?

Yes! It is always a good choice to buy a car at the end of the year because all the salesperson plus dealers have to fulfill their yearly quota, so they usually offer many lucrative offers; moreover, there would be some end of year car sales including the mega christmas sale. If you want to buy last year’s model at the best price then you can only have it at the end of the year - you just have to know the end of model year car buying tips.

Tips for Car Buying at the End of Year

Buying a car at the end of the year always seems like a good deal; however, you should be aware of all the tips and tricks related to car buying at the end of year and you should know all of the popular end of year car sales.

If you are a new car buyer, here are some important end of the year car buying tips.

Be Sure about Your Budget

Money bags with dollar sign on them

Estimating your budget is always helpful prior to buying a car but you should be flexible with your improvised budget allocation for the next car because you may get the better deal at end of the year car sales while adding just a few more bucks in your allocated budget. That’s the beauty of car buying at the competitive end of the year sales.

Browse all the Online/Offline Options

Shopping online on laptop for Christmas 

Grabbing your favorite car model at end of the year sales is surely the best thing. Don’t miss it out by just sticking to local dealers in your little free time. Even if you have a workday, try to keep exploring all the online car sales options at the end of the year.

Bookmark the Best Car Sales

Visiting an auto inventory for winter sales on tablet

It is the end of the year and every car dealer is going to organize a end-of-the-year sale, so don’t just rely on the nearest dealer but explore all the options and mark the calendars according to their car sales because some dealers are going to offer 5% off while others may offer up to 20% off.

Be Ready for both Trade-in and Car-Loan

Car loan vs car trade-in with Christmas theme

All the dealers and salespeople try to fulfill their sales quota at the end of the year, so they try to bring the best lucrative offers for customers. Some may add-on the car loan with good APR while others may offer the best trade-in offers. So, don’t be reluctant towards any of these offers and just try to grab the best offer from any of the dealers.

When Does the End of Year Car Sales Start?

Usually, the car sales for the end of the year start from Thanksgiving day and it lasts till 31st of December. The 2022 car market is going to end and it is the best time to buy a new car in general because you are going to have multiple end-of-the-year-car-sales in upcoming days. Be prepared.

Mark these holidays that are going to be fruitful for you regarding car sales for the end of the year:

🟡 Thanksgiving Day (24 November)

🟡 Black Friday

🟡 Christmas sales (starts from 25 Dec and lasts till 31st)

🟡 Happy New Year Eve

Should I Buy a Car Now or Wait Until 2023?

Best buy sign on a car store 

2023 auto sales predictions are really relieving as compared to the car market overview of the past 2 toughest years. If you are desperate to buy a new car or you urgently need a car, then you can try some end-of-the-year car sales to grab a good deal; otherwise, every single car enthusiast and the car market expert is suggesting to buy a car in 2023 because 2022 car market is still not fully recovered as it was expected after two tough years of 2020 and 2021.

There are still some issues that need time to be resolved like there are still some covid-retrictions, there is still a shortage of semiconductor supplies, demand is still high and production is still slower and there is still an economic uncertainty due to Russia-Ukraine, China and USA.

Luckily, things are cooling down and we are recovering well. So, 2023 would be a great year for car buying; however, if you are in a hurry to buy a car in a good deal then you can try out the winter 2022 Bumble Auto big auto sales because this winter season is the best time to buy a car in the next 6 months .