Good timing is important when making any big dollar purchase, especially when it’s a new vehicle. While finding the right opportunity to enter the market is something that car buyers need to watch for, no one can predict the perfect time. Each individual’s unique set of circumstances will determine their best time to buy.
Here are 5 reasons in today’s marketplace to consider buying a new car:
1) Summer is a great time for new car buyers to take advantage of current model year end incentives. In the fall, dealer’s inventories and their selection of the better incentivized 2011 models will steadily decline, while lots are restocked with higher priced 2012 models with smaller or no incentives.
2) Buyers can benefit from unusually high trade-in values due to the strong market demand for used vehicles.
3) Great interest rates and attractive lease deals are still available from most new vehicle manufacturers.
4) Supplies of vehicles affected by the disaster in Japan are finally improving and so are the discounts.
5) New car sales have been sluggish in June and July, therefore, dealers are pricing more aggressively to make up for sales.
Here are 5 additional reasons to consider making that new car purchase now:
1) New vehicles are more fuel efficient than comparable older models which can lower your fuel cost immediately.
2) New vehicles are much safer than comparable older models so why not take enjoy those safety enhancements now?
3) Consider replacing your current vehicle instead of investing in the costly repairs and maintenance items it may need.
4) Trade that older, higher mileage vehicle before a major mechanical failure devalues it completely.
5) Finally, still the #1 reason to buy a new car now, that new car smell!
