When is the Right Time to Buy a Used Vehicle?

November 5th, 2018 by

At Auto Now in Olathe used car dealership, the right time to buy a used vehicle is now, even if you’ve had credit issues in the past! But perhaps you’re keeping your options open, so let’s look at the right time to buy a used vehicle across the market.

Buying a used car can be a hassle and isn’t always something people want to do. There are some things you should keep in mind when buying a used car so that you are not stressed out during the process. Remember that buying a used car can actually save you money if you buy the right car at the right time. You will want to make sure the care is in good shape and that you buy it at the exact right time to get the best deal with your financing. Keep in mind that a lot of the time the best time for you to buy a used car is close to the same times you would buy a new car.

Before You Need One

We know that this is something that sounds obvious but you will want to make sure that if you are thinking about getting a used car that you have started looking at all of your options well before you get to the point that your current car is breaking down. This will help so that you don’t rush into a decision about a car when it’s time to replace your current car.

If your car is broken then you will be in a hurry to get it replaced and won’t have the luxury of taking your time to find a car that is in great shape and is great for you and your situation.

Also, remember that if you drive your current car until it is undrivable then you will have a hard time getting a good trade amount out of it or even being able to sell it. Start looking as soon as you know you are going to replace your current car so that you know what options are available to you for a car and financing.

Certain Holidays = Certain Good Deals

There are three holidays you should keep in mind when you are looking for a used car and they are Veteran’s Day, Black Friday, and Christmas Eve. These holiday weekends are the best ones out there for sales on used cars. These are the holidays you should save for but you should avoid the holidays in which a lot of families gather like Easter Sunday because you are less likely to find people that are willing to sell on those types of holidays and the prices of the cars will be higher.

Because dealers have many price incentives and sales on new cars on the lot during these times it means that they should have many trade-ins on the lot as well. Most of the time a car dealership would rather sell the used cars to their customers because if they don’t then they will get less money out of them at auction.

Good Weather Days

If you go to a lot on a gloomy day there are many more defects that can be hidden or aren’t noticeable. If you drive off the lot without seeing these then you will have to pay to fix them later. Make sure you go on a day that is nice and sunny out so that the defects aren’t hidden from you and you will have the leverage to negotiate the price of the car. You will also find a lot more personal sellers out on a nice sunny day cleaning up their cars to get them ready to sell.

Off-Season

Another way to save money when buying a used car is to maybe buy a convertible in the middle of winter or look for an SUV that has 4WD in the spring. This is when the sales for SUVs will be good and gas prices will be going up so many owners will want to get rid of their SUV quicker in order to save themselves the gas money. Just keep in mind that this will not work if you go to a large car dealership. They are already aware of these trends and they will rotate their inventory around the country to compensate for it. Your best bet is to go to a small dealership or find a personal owner.

Another idea related to this is to get a vehicle in the middle of winter. This is because most people will not want to be out looking at a vehicle or test-driving one in the middle of winter and because of this, the prices will be lower. If you look in the spring the demand is higher and there are a lot more people looking so you will see that reflected in the price.

Auto Shows

An auto show means there is a huge supply of new cars and this, in turn, means that there are a ton of cars being traded in and so there will be a large number of used cars for you to choose from. You will also have the advantage of the auto show being in town for quite a few weekends so you will be able to take your time in getting a used car.

Another piece of the puzzle is looking at getting a used car when a new model comes out. When these new models come out then there will be a spike in the sale of that particular model. This, again, gives you a bunch of used cars to choose from as people trade in their old car for the new one. Take advantage of the fact that most people want to keep up with the latest and greatest in technology so they trade in their perfectly good used car and you will find a great deal for yourself.

When You Are Prepared

The last thing you need to do is make sure you are prepared to get a used car for yourself. Make sure you have done all of your research before you decide on what car you want. You should look at rankings and reviews, know where your credit score is, and get pre-approved for financing. All of these steps and keeping in mind the above tips will help you to make sure that you get a used car that is best for your situation but is also a car that you won’t regret purchasing.