When Is the Best Time to Buy a Car – Will There be Black Friday Sales?

best time to buy a car

best time to buy a carFrequently, when purchasing big-ticket items, savvy shoppers wait for shopping holidays. Often, merchants use long weekends like Columbus Day or Veterans Day to entice shoppers with sales. And of course, Black Friday is one of the best days to get a great deal on many items.  But you’re shopping for a used car. Do dealers typically run deals for Black Friday? Exactly when is the best time to buy a car to get the best deal?

Generally, the best time for you to purchase a car is when you need it and are ready to buy. Don’t wait until your current car is unfixable as you’ll be in a hurry to purchase a car. If this happens, you may not take the time to make a smart purchase. Plus, if your automobile is undrivable, you’ll get less for the trade-in value. And while Peters Auto Mall will be having a sale on Black Friday, you don’t have to wait to find great deals. Every day, people will find lower prices at Peters Auto Mall.

However, lower prices are only one aspect of our business. In 1983. Keven and Angie Peters opened the dealership with a vision to make car buying enjoyable. To ensure you purchase a quality car, each vehicle undergoes a 125-point inspection. Plus, we love trade-ins! And we’ve got plenty of financing options with monthly payments you can afford.

Benefits of Buying a Used Car

Value is probably the biggest reason for buying a used car. Typically, the average price of a 3-year-old used car is roughly half of the brand-new model. This is due to depreciation, which is greatest during the first 3 years. Buying a used car also means for the same amount of money, you can buy a car with more luxury options. And with advancements in technology, cars can last to the 200,000-mile mark and beyond.

But there are additional savings when you purchase a used car. Car insurance rates and registration fees are based on value. So, when you buy a less expensive car, these fees are lower. Plus, the used car market has vehicles that manufacturers have discontinued. Therefore, there are many more makes and models to choose from.

What if You Need Financing?

Even if you’re saving lots of money by buying used, automobiles are still an expense. Most of us don’t have that much cash lying around and need a car loan. For over 25 years, we’ve been providing financing options. We’ll find a loan for you with a monthly payment that fits your budget. Even if you have a low credit score, we can find financing for you. Using only trusted finance sources, we’ll find you the best rates and payment options.

Start with our loan calculator to find a loan amount you can afford. Generally, you want your car payment less than 20% of your take-home pay.  Simply enter the loan amount, term and interest rate and our calculator will compute your monthly payment. Next, you can get a pre-approval for a loan by calling us at 336-434-1610. It’s super easy and takes only a few minutes. Now, you’re ready to shop.

Do Your Research to Find a Great Deal on the Car You Want

These days, the internet makes it so easy to research the car you want. Kelley Blue Book, Edmunds, and US News & World Report provide ratings according to make and model. Always be sure to check each car’s history by getting a Carfax report. Once you’ve settled on 3 makes and models, make an appointment to test drive each car.

At Peters Auto Mall, we’ve got a huge inventory of quality pre-owned vehicles. Additionally, you can browse all from the comfort of your home. Whether you want a truck, car, van, or SUV, we’ve got the vehicle for you. Moreover, just let us know the vehicles that you want to see and we’ll have them ready for you to test drive.

When Is the Best Time to Buy a Car to Get the Best Deal?

Often, some dealerships use holiday sales as incentives to persuade shoppers to make a purchase. This leaves you wondering, “When is the best time to buy a car to get a good buy?” But at Peters Auto Mall, the time is now to get a great deal on a quality used car. That’s because all of our vehicles are at our lowest no-haggle price. Furthermore, we accept trade-ins and have financing options for everyone.

So, give us a call today at 336-434-1610. We’ll be happy to answer any questions about our cars. Because every day is a good day to buy at Peters Auto Mall!