When is a Good Time to Buy a New Car?

2023 Toyota Corolla Cross Hybrid. Best time to buy a car / good time to buy a car

If you’re in the market for a new car, one interesting topic is that of timing. You might be surprised by this, but a lot of buyers often search “Is it a good time to buy a new car?” before viewing their potential options. Some dealerships might talk about “Year end car deals” and others have promotions around key holidays.

So when is it the best time to buy a new car? Cartelligent will explore some of the best times to buy a new car. We’ll also discuss various topics buyers have asked us about, including “August Car deals” or “Should I buy a new car around President’s Day?” etc.

Is December a Good Time to Buy a New Car?

If you ask anyone “When to buy a new car?,” one of the more common answers is December. To an extent this is right. In December, many dealerships are trying to prepare for the upcoming model year’s cars. As a result, they undertake year end car deals, reducing prices to get rid of excess inventory and sell vehicles before the start of the next year. If you are looking to buy a new car in December, use our Guide to Year-End Car Buying.

Would you be surprised to learn August is just as popular for buying new cars as December? Many car dealerships undertake August car deals to incentivize buyers during the latter part of the summer.

Is August Better For Buying a New Car?

August happens to be one of the most repeatedly popular months for new car purchases nation-wide. Over the years, we’ve noticed this is one of the best times to find a new vehicle. So is August a good time to buy a car? The answer is Yes! Here’s the reason why:

  • Back-to-School: Whether it’s being the designated parent on carpool duty around your neighborhood, or perhaps your family is expanding and you need an extra row of seats? There’s also those looking for cars for their kids with newly granted driver’s licenses or for those going back to campus in a few weeks. No matter what, this is often one of the more common reasons people seek a new car.
  • Model Year End: As we discussed before, car dealerships are planning for the next year and it turns out August is when the next model year’s inventory is heading out. As a result, before year end offers, many dealerships will start offering August car deals to begin the inventory clearing process.
  • Ordering Next Year’s Cars: Many car manufacturers will actually start releasing the following year’s cars throughout the course of the existing year. At the same time, some buyers might want to order next year’s car before the anticipated release date. 

Find Your New Car With Cartelligent!

So when is the best time to buy a new car? December and August are great months to get a great deal. Here at Cartelligent, we can help you get amazing deals all year long. Contact us here or by calling (888) 427-4270 to start the process.

If you’re a business owner, you can also explore the Cartelligent fleet and see what we have available. We also have an Affinity Program for those who are interested in this option. Find your next car with Cartelligent. See you shortly!

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