When it comes to buying or Leasing a new car, timing can be everything. While many people might think that summer or the end of the year are the best times to shop, fall actually offers some unique advantages that can make it the perfect season for your purchase. Here’s why fall is a great time to buy a new car.
1. End-of-Year Model Clearance
By fall, we are preparing to make room for next year's models. This means we are here to clear out current inventory, which often translates to significant discounts on the outgoing models and low rate factory offers. If you’re not particular about having the latest version, you can score a great deal on a brand-new vehicle that’s loaded with features that often help you get more value.
2. Better Negotiation Leverage
We do have factory sales quotas to meet, and as the year winds down. In the fall, sales teams may be more motivated to make deals happen. This can lead to extra incentives and/or low interest rate offers.
3. New Model Introductions
Fall is also when you start to see our newly released models. If you’re someone who likes to have the latest and greatest, this is your chance to get the newest features, design upgrades, and the latest technology. Plus, the excitement around new releases can sometimes make older models even more affordable as dealers look to make room for the new fall arrivals.
4. Ideal Weather for Test Drives
The crisp fall weather is perfect for taking your potential new car for a proper demonstration drive. Unlike the sweltering heat of summer or the icy roads of winter, fall provides comfortable, moderate conditions that allow you to fully experience how the car handles. You can also get a better sense of how the car performs in different weather scenarios, from rainy days to cool, clear mornings.
5. Holiday Sales Events
As fall progresses, you’ll start to see more holiday-themed sales events, particularly around Labor Day, Halloween, and even early Black Friday deals. These events often come with limited-time or "pop-up" promotions that can significantly reduce the price of your new car payment. Mostly seen as attractive leasing and financing options. Basically, you can get more for less!
6. Less Competition
Summer is a popular time for car shopping, with many people looking to upgrade their vehicles for road trips or before the new school year starts. As we move into the fall season, this rush has subsided and things have calmed down a bit. This means you will feel like you're getting more attention and won’t feel pressured to make a quick decision.
7. Tax Benefits
Depending on your situation, leasing or buying a car in the fall could also offer some tax advantages. If you’re self-employed or use your vehicle for business purposes, purchasing before the end of the year might allow you to claim certain deductions or write-offs on your taxes.
Remember, always consult with a tax professional to understand how a new vehicle purchase could impact your specific tax situation.
8. Time to Enjoy Before Winter
Buying a new car in the fall gives you a chance to enjoy it before winter sets in. You’ll have time to get accustomed to all the features, ensure everything is working perfectly, and maybe even take a few scenic fall drives. Plus, if you live in an area with harsh winters, having a reliable new car before the snow falls can provide peace of mind.
Conclusion
Fall offers a unique combination of benefits for new car buyers. From end-of-year deals and better negotiation opportunities to perfect test-drive weather and holiday sales events, it’s a season that should not be overlooked when considering a new vehicle. So, if you’re in the market for a new car, now might just be the perfect time to make that purchase. Happy car shopping!
"Uncle" Bill OGorman
Call (607) 543-1215 OR Text (607) 366-5862
Royal Nissan-Subaru of Cortland - Just ASK for "Uncle" Bill
