A car is no light investment – and so, when it comes to finding the best deal, timing is everything. If you’re wanting to make the most of your money, you’ve got to shop at the right time. So, when is it best to visit a dealership for a new car? And how should you finance it?
We explore here…
End of Quarter
If you work in sales or know someone that does, you’ll likely know that sales are usually driven by targets. In other words, professionals are given incentives to sell the highest possible number of products. And as you can probably guess, the most desirable rewards tend to be given towards the very end of the quarter. Head into a dealership then, and sellers will likely seem keener than ever to sell their remaining cars. It’s worth noting that these periods end in March, June, September and December.
Late in March and September
Arguably, the two most important months in the car selling calendar are March and September – but the reason why goes beyond their key place in the yearly quarters. The final days of March and September typically prove positive for keen savers, because number plate changes usually occur in March and September.
And so, it’s at these two times of year where drivers flock to dealers to update their registration with the latest number. Early days of this month are particularly busy – but visit towards the end of March or September, and you may find that sellers are eager to sell off their remaining units.
After all, they’ll likely have spent a good deal of the month dealing with number plate requests! You may even be able to secure your ideal car for a better price than would otherwise be available.
The start of April is another key date for car dealers, as it is for all British companies – it’s the end of the tax year, of course! Unsurprisingly, companies are keen to boost their sales records towards this time of year. Therefore, if you shop just before this period, you’ll likely find that sellers are more lenient when it comes to prices than usual.
Financing your car
Not sure how to pay for your new car? If you don’t have enough money in savings, fear not – there’s always the option of financing your car. Depending on your credit score, you could be granted a personal loan from a bank or building society. If your score is lower than you’d like it to be, however, there are plenty of trustworthy lenders out there. Take Go Car Credit, for example. It guarantees car finance for trustworthy drivers across the UK, whatever their credit score may be.
Who knew that when you buy a car is just as important as where you buy it from? With this insight, you could find your perfect vehicle for less than you expected.