If you are located in Long Beach, California, and are in the market for a new car, waiting until the end of the model year to make your purchase is one of the smartest financial decisions you can make. Buying a car is a major purchase. In fact, it’s near the very top of the list of the biggest purchases most people make throughout their entire lives—beaten out only by buying a house, condo, etc. We have some tips for scoring the best Nissan deals in Long Beach.
Therefore, it’s important to be smart and strategic about your vehicle purchase in order to end up with the car of your dreams and save money in the process. One of the best ways to save money on a car—especially if you have your heart set on a brand-new car and aren’t interested in pursuing a pre-owned model—is to time the purchase of your car the right way. One of the best times of the year to buy a car is actually near the end of the year.
Buying a car at the end of its current model year—for example, buying a 2020 car model near the end of 2020—can help you save hundreds or even thousands of dollars on the vehicle you buy. In fact, this is a great compromise for drivers on a budget because it allows you to save a good amount of money without having to settle for a pre-owned model.
There are several keys to saving the most money on a car from the current model year near the end of its production cycle. Here are three tips on how to get the best end of the year car deals in Long Beach or its surrounding areas in Southern California.
Pay Attention to End of Model Year Dates
Most major automakers set up their model year to begin near the beginning of the calendar year and end near the end of the calendar year. However, don’t be fooled into thinking that the end of the calendar year aligns perfectly with the end of the production cycle for the car you have in mind—as this is not always the case.
Every major automaker has its own production cycle schedule, so it is key to pay attention to some important dates in order to get the best deal on your next vehicle. Ideally, you’ll be able to find out through some simple Google searches when production for the car you want will end, when production of that car for the next model year will begin, and when next year’s model will actually hit the mainstream auto market and become available for purchase.
If you can find out the release date of next year’s model for the vehicle you want, you can strategically plan to make your purchase of the current year’s model a few weeks before that release date. Timing your vehicle purchase within a month of the release of next year’s model can help save you the most money on your car purchase.
Consider a To-Be-Discontinued Model
If a car model is being discontinued, that likely means that sales have fallen for that car in recent years and most car dealerships will be eager to get those cars off of their lots as quickly as possible.
Buying a car model that is set to be discontinued for the next model year near the end of the current model year can save you a significant amount of money on your vehicle purchase.
Check Out Different Dealerships
Different car dealerships offer different sales, incentives, and rebates on different car models near the end of the model year.
If there are multiple official car dealerships in your area that sell the car model you want to buy, make some calls in the days and weeks leading up to the time you want to buy your next vehicle to find out how prices and special deals on the car model you want differ between car dealerships in your area.
In fact, it might even be worth driving a little further away from your immediate vicinity in order to get the best possible deal on a car you want to buy near the end of the model year. You can begin your search by visiting us online then come on by!