Know the Best and Worst times to buy/sell a Pre-Owned Car in India

Big or small, we never make any purchase without thorough research. Whether it is an expensive bag or buying wardrobe basics for the upcoming season, each deal is given the attention it deserves before you fork out the money. So when you pay attention to the time of the year for buying certain things, why not do it with your car too? Most people only think about electronics when it comes to finding good deals for good products. However, very few people know that car sales go up and down throughout the year depending on the season, month, day of the week and even the approaching holidays. So if you are in the market for a used car, an old car, or even a pre-owned car, we have you covered. Here are some great times and not so great times to go car hunting.

Holiday or not 

Whether you are buying a brand new car or a second-hand car, the logic remains the same: find the best possible deal on your dream car. And a car is no ordinary purchase because it is as important as purchasing a home. Therefore, we don’t make such decisions lightly. The holiday season often sees people going all out on their purchases and during holidays like Black Friday, Thanksgiving, And Veteran’s Day, you can get a fantastic deal. The market works on demand and supply and where it is great demand, car dealers don’t have an incentive to offer discounts. And surprisingly, you should avoid purchasing a car around Mother’s Day, 4^th of July and memorial day, because these are the times when a deal might not be in the cards.

Choose the right month 

Just as it is important to choose the right time to shop for next season clothes, it is important to do the same for cars. You wouldn’t go searching for a state hat in winter right? Well, most people don’t go car hunting in winter because who wants to bundle up and brave the cold just for a car? For dealers, this means more incentive to offer discounts, so maybe braving the cold isn’t a bad idea. The opposite applies to summer, because everyone is out and about, and with high demand, there is a lesser chance of a discount. The same way, winter months like November, December and January are great for buying but bad for selling, because fewer customers are likely to approach you. You can take the time to get tasks out of the way such as get a  used car valuation or schedule an old car inspection.

Choose the right day of the week 

During weekdays, footfall during the day is less, so car dealerships might be more inclined to offer discounts. Weekends tend to be quite busy so as a rule of thumb, you should avoid that time for buying or even resting out new cars. Even if you are out car shopping during the summer months, a weekday shopping trio increases your chances of getting a discount instead if getting no discount at all on a weekend. Another great time to keep in mind is the last day of the month and the first day of the next month. This is when targets need to be met so if the salesman makes a sale, that’s good for them.

These times for getting good deals while buying and selling used cars apply if you are thinking to sell used car online. Some of these trends still apply to online sales. In winter, a customer is less likely to come and check out the car, so you might have to offer a steep price reduction. similarly, in the summer, you might be able to get the best possible price while selling your car. Buying and selling used cars is an art, and it is worth learning.