Tips for Buying a Car at the End of the Model Year | Morganton NC | Hickory, Asheville & Marion

Tips for Buying a Car at the End of the Model Year in Morganton, NC

When making a car purchase, one of your goals is to save money wherever possible. Buying a car is an expensive process, but there are definitely great options available for you to save. One option is for you to buy your vehicle at the end of its model year, after the reveal of next year's model. Read below to discover more ways you can save by using this technique.

You will generally save money regardless by shopping at the end of the model year, but pay attention to manufacturer sales events. Most brands hold special events like model year-end events or related events, where you'll probably discover even better savings.

Wait for the New Model Year to Drop

Don’t expect to automatically receive year-end pricing on a new vehicle when you make it to the final quarter of the year. New vehicles are revealed periodically, not on a particular day or all together. Once you see that a vehicle has been released, you can start price shopping for last year's model.

Be Sure to Price Shop

Once again, price shopping is crucial. This means that you should look at prices for a variety of trims while also comparing prices from other stores. While many car shoppers negotiate their sales terms, showing a quote from another dealership can also help you secure the price you're looking for.

Research Available Incentives

This principle lines up with investigating year-end manufacturer events. There are a lot of different ways you can save when you're driving home a new vehicle, from special APR offers like 0% for a particular amount of time, to special bonus cash offers or leases with a zero down payment. Ask questions, and keep an eye out for offers.

For more information on the perks of purchasing a new vehicle from the previous model year, please contact us directly or stop by Morganton Honda at 1600 Burkemont Ave, Morganton, NC 28655. We look forward to serving our customers near Hickory, Asheville and Marion!