Buy a New Car at the End of the Model Year
When you buy a new car that is the year-end model, some people think new car owners will be missing out on the newest features and overall experience, by that is not always the case. Last years’ vehicles are still great and a good buy. Try to find a great deal near the end of the year as dealerships often have leftover cars from the previous model year that they want to get rid of.
As the year draws to a close, new car incentives and rebates will be even more prominent. When you buy a new car near the end of the year can save you hundreds or even thousands of dollars. Additionally, you will still get the satisfaction of driving a brand-new car.
When you buy a new car near the end of a model year is the best option for a number of reasons. First, auto dealerships are eager to move their last-year models. They are trying to reach their year-end sales goals and need to sell them as fast as possible. As a result, they’ll offer bigger discounts to get rid of their old stock. You’ll also potentially still get the benefit of manufacturer incentives.
Buy a New Car on a Seller’s Lot
When you buy a new car on a dealer’s lot, it can be a great deal if you shop around. If you shop during off-peak times, the dealers are likely to negotiate more on the price. Also, try to buy a model that is either discontinued or redesigned, as this will give you more negotiating power.
Before you make the decision to buy a new vehicle on a dealer’s lot, be sure that the car you’re interested in is still when you see it in person on the lot. This practice is very important because you may not love something as much in person as you do looking online. In person perspective can change a lot about such a big decision.
Also, remember that many new cars come with optional features that add thousands of dollars to the selling price. It is not uncommon for the dealer to install special features, perform small repairs, include a bonus of all-weather floor mats and theft protection packages if requested. While these features may add to the price of the car, they are often worth the extra cost of the luxury and personality they add to the vehicle. Why not have the best of the best?
Leasing Instead of Buy a New Car
Leasing a car is a great way to drive the latest models without having to worry about paying the full price up front. You can choose the model that best suits your needs and budget. You can also choose between different lease terms and get the best deal possible.
Before leasing a car, consider its benefits and disadvantages. A lease agreement can be confusing if you aren’t familiar with the process. One key feature is the residual value, which determines what your car will be worth at the end of the lease term. The higher the residual value, the better your lease deal will typically be. You should keep in mind that you may also have to pay extra money if you exceed the contractually agreed to mileage limit.
Leasing a new car is a good option for those who need a car but don’t want to buy it. The monthly payments on a lease can be lower than those of a new car if you negotiate the interest rate. Whether to buy a new car or lease a new one depends on several factors, including your budget and your credit.
Leasing a car can be a great option for military members, people who live in multiple places throughout the year or people who want to wait out the large price hikes within the automotive industry in today’s complicated economy.
There are so many new car dealerships around Beetlesmith’s Valley Auto Service of Renton, WA and you can, without a doubt, find a great car to fit your needs and interests. Once you get your new car, visit us to establish a service plan and have an overall inspection.
