When to Buy your Next Chevy for the Best Discounts

If you are in the market for a new vehicle, it can be handy to know exactly when to go shopping to be sure you get the absolute best deal possible on that purchase. Buying a vehicle is a big investment and usually a long term one as well, so it only makes sense to find out how to save as much money as possible on that purchase.

Many consumers are not aware of the fact that certain times of the year, as well as specific times of the month can yield the best savings opportunities for automobile purchases. To maximize your savings on your next vehicle purchase, read on for more tips and guidelines.

First, it is important to understand that dealers are far more likely to offer deep discounts during certain times of the year, specifically September through the end of the year. With new year models arriving in September many dealers have no choice but to begin deeply discounting the old year models in order to move them out and make room for new models. Manufacturers are also more likely to offer discounts during this time period as well for any models that might have been overstocked or have been undersold during the year. Such incentives and rebates often take the form of year end clearance sales. Combining these discounts can help you take advantage of a new vehicle that has plenty to offer for quite a bit off the original sticker price.

If you time your auto shopping trip during a specific time of the year you may also be able to take advantage of additional savings as well. For the most part the best time of the month to begin shopping for a vehicle begins around the third week of the month. Dealers who have not yet met their sales quota for the month may be more inclined to slash prices in order to make that quota. The last week of the month is an even better time to shop around and gain a discount, taking advantage of dealer sales quotas as well.

Some dealers will also offer discounts even if they have already met their sales quota in order to exceed it. This is most often the case with larger dealers so be aware that not all dealers will offer discounts in order to exceed their sales quotas. If you are shopping around and notice that a dealer doesn’t appear to be willing to negotiate much on the price, consider coming back the following month, at which time he may not have met his quota and be more inclined to deal. Shopping several different dealers may also reward you with discounts as well since while one dealer may have met his quota another might not have yet and be in more of a position to deal than the dealer who met his quota.

Another tip you can use to be sure you are getting the deepest discount possible is to do some research before you begin shopping around to find out what the average price for the vehicle is. This will tell you exactly how much the price is really being discounted. By going online you can find out the MSRP, the invoice price the dealer paid for the vehicle and the average price other consumers have paid for the same vehicle in your local area. Such information can prove to be a powerful bargaining tool.

By taking the time to follow these tips and guidelines you can take advantage of the right times of the month and year to maximize your savings potential on your next vehicle purchase.