Obtaining a new car is a big step for a small family and a vehicle is often essential in order to address daily activities. When is the best time to consider a new car and what factors should you consider in advance?

Year-End Sales Events

All dealers are required to clear out old inventory before the new models can go on display. So, they will often offer discounts and other special packages such as extended warranties. The end of the year is a great time to see what is available, but keep in mind that others will likely have the same idea.

The End of the Month

Many experts feel that the end of the month is a great time to get a new car. This partially arises from the incentives that are offered to sales representatives. As they rely upon commissions, you could very well be presented with an offer that would not otherwise be possible.

Model Changeovers

Out with the old and in with the new. This phrase is particularly relevant within the car industry. Countless makes and models emerge every year and quotas need to be met.

Therefore, newer versions tend to roll out in the beginning of the year. This is one of the reasons why the month of December is a good time to begin performing research.

However, the end of the model year can sometimes occur in the spring or the summer. This is often the case if the dealer happens to be releasing recreational vehicles such as convertibles or SUVs. Keep up to date with your local dealerships to learn when new designs are coming to the market.

Online Shopping (and In-Person Testing)

The great thing about the online retail community is that you have an immeasurable amount of information at your fingertips. Check out local and regional dealer websites to first see what is being offered. Compare the price of each model with other providers as well as with the official listing (MSRP).

Also, be sure to research your leasing company first. Examine their history, what services they provide and what other customers have to say. Having said this, always perform an in-person test drive before committing to any deal. NEVER close an agreement over the Internet, as you might not be aware exactly what you are getting.

Holiday Sales Events

The holidays are great times to find a money-saving deal on your favorite vehicle. You will often find discounts equivalent to five or even ten percent. We should still mention once again that others will likely have the same idea. Try to schedule an appointment in advance.

A new car can provide your small family with room to grow and there is no doubt that such vehicles are a pleasure to drive. If you would like to discover even more family-oriented advice, be sure to subscribe to Mum’s the Word. There are countless tips and tricks here to make your life easier than you can imagine.