Should You Buy a Car Over The Holidays" Will You Save Money"
Should you buy a car over the holidays" We wanted to see what the data said. Black Friday and other holiday deals are common among both new and used cars.Here are some of the best deals plus a few points of advice before you start shopping.
Buying a new vehicle is one of the most expensive decisions we can make. According to Cox Automotive, the average payment on a new vehicle exceeded $530 last year, or about 10 percent of the median household income. In May, Kelley Blue Book noted the average transaction price for a new vehicle was $37,185, up four percent from May 2018. These figures may not necessarily be surprising, as everything from health insurance to smartphones are increasing in price today.
Should You Buy a Car Over The Holidays" Truth Versus Hype
This time of year, we see advertisements about big factory rebates and incentives, and how we can save hundreds, perhaps even thousands. Yet, is there any truth to this" Do we really get a better deal over the holidays"
“The months of November and December are historically a popular time to purchase a new vehicle due to available cash and financing incentives,” explained David Sloan, General Manager of the Chicago Auto Show. “Automakers offer some of their best lease deals and financing incentives around the holiday months.”
“Historical evidence from the likes of J.D. Power and Motor Intelligence indicate that holiday months and, in some cases, holid...
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