New Year, New Car? Why Buying Before January Makes Sense
The holidays are a time for giving, celebrating, and… maybe getting something for yourself. While it might seem counterintuitive to make a major purchase before the new year, there are several compelling reasons why buying a car in December could be your best move.
Current Offers
Year-End Offers: As the year wraps up, many dealerships update incentives and availability. It can be a good time to compare current offers, review lease and finance options, and find a vehicle that fits your needs.
Manufacturer Rebates: Car manufacturers may offer seasonal rebates and cash incentives that can help reduce the cost of your new vehicle.
Availability of Prior Model Year Vehicles: As the new year approaches, dealerships may offer a selection of prior model year vehicles. This can provide additional options on slightly older, but still new, models.
Get Ahead of Price Changes!
Plan Ahead: Vehicle prices can change over time due to market conditions. If you’re considering a purchase, explore today’s available options and current offers to find a vehicle that fits your budget.
Popular Model Availability: Popular models can be hard to find throughout the year, but buying in December increases your chances of snagging that coveted car before it’s gone.
Inventory Holding Costs: Dealerships incur costs associated with holding unsold inventory. They’d rather pass those savings on to you and get the car off their lot, giving you a better deal.
Bonus Perks!
Tax Incentives: Some jurisdictions offer tax breaks for purchasing a new car before year-end. These deductions or credits can further reduce your tax burden. Buyers may be eligible for deductions or credits that can reduce their tax liability.
Additional Financing Option: Some customers may choose, if approved, to finance an amount above the vehicle purchase price to cover eligible items. If available and approved by the lender, any remaining funds may be provided to the customer for other personal expenses.
In most cases, an auto loan is less expensive than using a credit card, which can save customers money on interest charges while helping them get what they want sooner.
Payment timing can vary when you trade in a vehicle with an existing loan. If your trade-in is paid off as part of the transaction, you may be able to avoid making additional payments on your current vehicle and begin payments on your new vehicle at your lender’s first scheduled due date.
Arrive in Style: Turn heads at your holiday gatherings with your brand-new ride.
Get More for Your Trade: We’re actively looking to purchase quality pre-owned vehicles, which may increase the value of your trade-in. Bring your vehicle in for an appraisal.
Upgraded Safety Features: New model years often come equipped with the latest safety technologies. Buying in December means you get these life-saving features sooner.
Wrap-up Resolutions: Finish the year strong by accomplishing one of your goals. Buying the car you’ve been dreaming of before the new year gives you a head start on your resolutions.
So, before you put your car-buying plans on hold until January, consider the many advantages of purchasing before the new year. You can explore current offers, find the right car, and take advantage of available perks. Visit Fred Martin Nissan today and see how buying now can help you move forward with your car goals.