Best Time to Buy a New Car: Weighing All The Options

2023 Kia Telluride

Buying a New Car 

Buying a new car can be a big moment in your life, and timing can be everything. You may be asking yourself, when is the best time to buy a new car? Some people wait until life events like having a child, while others wait for the perfect market conditions or sales events. There are plenty of ideal times to buy a new car, but it all comes down to your personal situation. We’ll weigh each scenario and hopefully help you plan your new vehicle purchase. If you need assistance along your car-buying journey, contact our Bob Moore Auto Group.

Time of the Year

One of the biggest factors to consider when buying a new car is the time of the year. Generally, the best time of the year is at the end of the year, around November and December. New models for the upcoming year are beginning to release, and some older models may be sold at a discounted price or with incentives. Dealers typically have year-end sales to hit their goals or quotas, so be aware of sales in your area.

Additionally, Holiday Weekends are a great time to buy a new car. Dealers often run sales or discounts on weekends like Labor Day, Memorial Day, and Presidents Day to attract buyers.

Market Conditions

While considering the time of year, market conditions can also determine the best time to buy a new car. Specific models may have higher demands during different times of the year, so it’s a good idea to research when the model you’re eyeing is in high demand. For example, convertibles may have higher demand in warmer months, making them harder to find, while the same may be for four-wheel-drive vehicles in winter. 

Stage of Your Life

Another major consideration when buying a new car is the stage of a driver’s life. For example, if you’re starting a family, you may need more space to accommodate strollers or car seats. If you’re a recent graduate, you may be eligible for special discounts or financing options that help secure a new vehicle. For those nearing retirement, you may want to consider a car that’s easy to get in and out and advanced safety features. 

Dealership Sales Events

In addition to end-of-year and Holiday sales, dealers will often hold sales throughout the year for various reasons. These events can be an excellent opportunity to explore new models and receive a good deal on the model you like. For example, dealers will have buying events will special deals on particular models or model-year-end events, where they offer discounts on the previous year’s models to make room for the latest model. Keep your eyes out for these events in your area, and take advantage of them when possible. 

When You’re Ready

No matter what time of the year or the stage of your life you choose to buy a new car, it’s important to research to get the best possible deal. If you’re looking for a new car in Oklahoma, check out our Bob Moore Auto Group selection. With over 15 dealership locations and even more manufacturers, we’re confident we can find the perfect vehicle for your lifestyle. Make Bob Moore your dealer of choice when the time is right for you.