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Reply to "Buying a new car - best day in December?"
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[quote=Anonymous][quote=Anonymous]This is a cliche. The best day to buy a car is the day you need one. Do your research, drive a hard bargain, and you can get the "best deal" any day of the year.[/quote] I thought so too until I listened to this amazing This American Life show: https://www.thisamericanlife.org/513/129-cars - "We spend a month at a Jeep dealership on Long Island as they try to make their monthly sales goal: 129 cars. If they make it, they'll get a huge bonus from the manufacturer, possibly as high as $85,000 — enough to put them in the black for the month. If they don't make it, it'll be the second month in a row. So they pull out all the stops." So there's no guarantee (and this was in 2013, for a Jeep dealership, and things may have changed and may vary by dealer), but if the dealership is trying to make a sales quota, then it can actually be in their interest to lose money on a specific car because they will more than make it up with a bonus. So the best way to shop would be to not need a car now. Figure out what you want, do your research on prices, then over the next few months check back periodically, especially at the end of the month, to see if they can give you a deal. [/quote]
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