Money Savvy Living Autumn 2013 | Page 8

Get the Best Deal on Your Next Car

Are you in the market for a new car? Fall is a great time of year to go new car shopping and the time of year that you are most likely to get a good deal. Why is that? New cars for the next model year typically start making their way to dealerships in the late summer or early fall. This means that car dealerships need to make room for new inventory.

Steer clear of first year models.

Whenever a company comes out with a new make or model, it is usually more expensive, especially if it has been highly anticipated. Car makers also refine and make changes to design after a car has been on the market for a year or so that could affect safety, performance, or usability in future models.

Dealer cars are nearly new, without the new price.

Dealer-driven cars are basically new cars, except they will have a few miles on them. These cars may be driven by someone from the dealership or used as courtesy cars for a year and then sold. You can really get a good deal on these because they are considered “used” cars.

Last year’s model will get a discount.

Just like any other retailer that needs to clear out old inventory to make room for the new, car dealers are willing to discount last year’s models to move them off the car lot. These cars are brand new, except for a couple of test-drive miles on them. You may not have a lot of choice in color or options because you will be limited based on what is left in inventory, but you are sure to save thousands of dollars as compared to the new model year vehicle.s.

Limit the extras.

Find out what options come standard on the vehichle that you are looking to purchase and which are extra. You can literally save thousands of dollars by getting a vehichle with on the options you njeed.