• Home

Subscribe

New Car Prices

The most important part of buying a car for most people is the price. How do you know if you can afford to pay new cars prices? The answer is, of course, how much a car will cost you. And that begs some other important questions, like…

Where is new car invoice pricing available?

Keep in mind that prices such as MSRP (Manufacturers Suggest Retail Price), invoice price, and dealer cost don’t vary from day to day. When buying a new car, the only two things that can change are the willingness of the dealer to sell at a lower price (to meet quotas) or if the manufacturers increase the money available in rebates (or some other dealer incentive).

There are also trends in the car industry that are normally true. Knowing these can help you save money alone: One of the more recent trends is that mid-month the manufacturers have increased rebates, bonus money and other dealer incentives. So the best time to buy a car tends to be from the 16th to 31st of any given month.

New cars prices tend to be lower later in the year as well:

With new vehicles, the time the manufacturers give the highest rebates and dealer money is normally around the spring auto show (March or April) or at the end of the model year (August or September). The only real drawback to buying in August or September is that you might not have good selection on the vehicle you’re looking for because it is so late in the year. Also keep in mind that sales of new cars - as well as used cars - can vary due to the economy, the market, and even the weather.

Saturday mornings are good for getting lower new car pricing

September and October are the usual times that new car models arrive, however new models are starting to be released year-round. Saturday mornings are generally good because a dealership is trying to create some momentum going into the weekend. Also, when the end of the month is coming up, car dealers will want to boost sales figures for monthly reports, so good new car prices may be found then as well.

Be in charge of the negotiating

But regardless of whether you decide to buy or lease your next car, getting a monthly payment that will fit into your budget is a crucial.. How much should this be? A rule of thumb is your total monthly car payments shouldn’t exceed 20 percent of your monthly take-home pay. Take the time to run the numbers before you go car shopping and take them along as a reminder of what you can afford. It will also help you stay in control of the negotiation with the car dealer, because you’ll have a hard limit you’re negotiating from. New car prices don’t have to scare you away; do your homework first.

Copyright © 2008 www.mga-inc.com |

| · Log in

Loans