Why December might be your best time to buy a new auto

Why December might be your best time to buy a new auto

According to an article in the November/December 2018 AAA Living magazine, the best time to buy a car may be December. Here are some tips on getting the best deal.

1. Search Early – make a list of the cars you’re interested in and hold off making the purchase, keeping an eye out for the cars that don’t seem to be selling.
2. Buy Late – wait until the end of the month to make an offer. The week between Christmas and New Year’s is when dealers tend to have the best deals because they are trying to meet their year-end sales goals.
3. Buy Previous Model Year – since most people aren’t buying a car during the holidays, it’s a buyer’s market and you can get deep discounts. To get the best deals, look for models that have a new design or a lot of upgrades. This will mean that the previous year’s model will tend to have huge rebates or deals available.

FreeStar Financial Credit Union can assist you with a preapproved auto loan. One of our friendly Loan Specialists will work with you to customize your new loan with a payment to fit your budget. We can also give you the NADA trade-in value on your current vehicle, if you will be trading it in. With three convenient ways to serve you and a guaranteed 1-hour loan decision, you will have the tools to negotiate your best deal.

Apply online at https://www.freestarfinancial.com/auto-loans, call 586-466-7800 opt. 3, or stop in any branch office for personal assistance.