Best and Worst Times to Buy a New Car

It is not just enough to identify the dream car and save towards it. It is also necessary that you time your purchase appropriately. This is to save greatly on the purchase price and to also take advantage of some available offers.

We are quite experienced in this and that is why we decided to write this so you can be more knowledgeable in this area too. We are going to highlight and examine in detail the best and the worst times to buy a car.

The following are the best times to buy a car:

1. End of Months and Years

All factors considered, the ends of the months are by far the most suitable for buying a new car. Study upon study have deduced that buying a car on the 30th or 31st of each month and the ends of the years such as 12/29, 12/30, and 12/31 are the best times. Buying a car at such times can save you a whopping 8.5% or more. You should, therefore, strive to time your purchase to coincide with these timings as closely as possible.

2. Special Holidays and Special Times

Other than end of months, special holidays and other special times also offer good opportunities for the purchase of a new car. These include the first of January, Halloween, Memorial Day, Back-to-school times, Labor Day, and Trade shows. This is mainly because most consumers worry about the gifts they give at such times. Cars are never in their minds. According to the rules of Economics, the prices of cars fall at such times owing to limited demand.

3. Just when an existing model is rendered obsolete

At those times when an existing model is rendered obsolete are also another perfect time to buy. This is because auto dealers will often want to dispose of their stock to create room for newer versions. So, they will often lower their prices in such a manner as to recoup their capital. Profit is never in their minds at such times. You are more-than-likely to spend less when buying a car of this kind.

Also, when a new car model hits the market, it is a good time to buy an older or existing model. The same case should also apply when a competitor has a new car on the market.

4. Car Dealer with Less Business

Not all car dealers are the same. Different dealers have different numbers of clients. Some have a higher client base mainly because of having been in business for so long. Others have fewer clients for the opposite reason: having been operational for a short duration of time.

According to the laws of demand and supply, higher demand translates into higher prices and similarly, lower demand translates into lower prices. It, therefore, follows that dealers with more business will usually charge more for the same make of car than those with less business.

To save yourself a great deal of money, you are advised to opt for the dealers with less business. They are mainly new entrants into the field of car sales. They are also found mainly in the rural areas or suburbs where demand for cars is comparatively low.

5. Low Seasons

Every item has its life cycle. There are moments of peak sales and moments of low sales. It is also necessary to factor such times while shopping for a new car. Generally speaking, December, May, June, September, and October respectively experience the lowest demands for cars. This is because it is at these times car dealers have less business and car orders. You will spend comparatively less on buying a new car at such times than at any other time.

The following are the worst times to buy a car:

1. When a New Model is released

The worst time ever to buy a new car is when a new model is officially released into the market. You are, as a matter of fact, advised to wait for at least 2 months after a release before placing an order. This is for the sheer reason that newer models are in high demand. They are, therefore, priced more expensively than their subsequent versions. Moreover, they are not properly tested for road use and may possibly let you down once in a while.

2. Before the Onset of summer

Summer is undoubtedly the peak driving season. The weather and the visibility on roads are both at their peaks. Most people also spend much of their time outdoors as opposed to spring and winter. Because of these facts, the time just before summer begins experience the highest car sales. If you opt to buy a new car at such a time, you will definitely pay a huge fee as opposed to other times of the year. Buy your car earlier or later than summer.

3. After a Credit Inquest

In case you intend to purchase a new car on hire purchase or on credit, don’t do so immediately after a credit inquest. All dealers are by law required to screen their buyers to ascertain their credit worthiness before agreeing to lend to sell them cars on credit. In cases where they discover that you have been through an inquiry, they will levy higher interests due to the risks involved. That is why you have to wait until you have a favorable rating before embarking on a purchase.

4. When a Particular Car is in High Demand

The basic laws of Economics, as has already been stated, dictate that the price of a commodity increases with demand and vice versa. You should, therefore, shy away from those cars that are hot on demand. This is because you will definitely pay a premium. Instead choose those that are not that hot as you will pay less.

5. The beginning of Months, Years, or Weekends

Most people find time to visit auto dealers at the beginnings of the month, year, or weekends. This is due to their tight work schedule during the rest of the time. These peaks in visits to auto dealers create an artificially high demand which results in an artificial increase in price by the auto dealers. You are, therefore, advised against timing your purchase to coincide with these times.

Article Source: http://EzineArticles.com/9975316

 

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Buying Exotic Cars- Expectations Vs Realities

What’s the first thing that enters your mind when you hear about an exotic car? Is it an Italian craftsmanship like Ferrari or a British masterpiece like McLaren? Or maybe, you visualize muscle and luxury cars such as Chevrolet Camaro, Aston Martin or Ford Mustang.

Whatever exotic cars in Dubai you are dreaming to own, you need to keep in mind that it takes more than just cash to take it home. Apart from searching for reputable luxury car dealers, you also need to negotiate your loan rate, request to modify or upgrade some things, discuss the terms and so on.

The Process of Buying the Best Luxury Cars

There are several exotic cars to select from, especially if you have hefty cash to spare. However, it’s going to be easier said than done to finally decide on ‘the one’ as there are several factors at play. Of course, one of the initial things you need to do is set your budget. By setting a ceiling, you can reduce the stress of choosing from a number of options.

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A Used Luxury Car – A Cheaper Alternative

Who of us hasn’t dreamed of speeding along the highway behind the wheel of a luxury car; sitting there with a wide smile while looking at the other less luxurious ordinary cars and smileless drivers? Being the owner of a luxury car is not for anybody, we all know that and while there’s nothing wrong with dreaming, we don’t have time to dream all day so let’s go back to realty and the old, ordinary car. But wait…! There is another option that most people can afford and that you should consider as well; you can make your dream come true by purchasing a used luxury car or – to put it another way – pre-owned. And as if this wasn’t enough, there is still another reachable option; you can lease it. Let’s take a look at both alternatives, one at a time

Purchase a Used Luxury Car

A used luxury car has become an outdated phrase now as most manufacturers and dealerships prefer to use ‘pre-driven’ or ‘pre-owned’ when marketing their used automobiles. The term used conjures up the picture of a sleazy old car that has been passed on to you with many defects.

Car purchasing and selling has changed; consumers and dealers have become smarter. Hence one of the most important things to remember when contemplating to buy a used luxury car is to ensure that it is certified. A certified used luxury vehicle is one that has passed an inspection on various points and has been repaired if necessary to meet certain industry standards. It is not a dud automobile that only looks good on the outside -it runs well too.

The advantages of a certified pre-owned luxury car can be summarized as:

* You can enjoy the look of a Mercedes owner without having to pay sticker price.

* you’ll feel more safe knowing that because it is certified, you will not be running in to any big trouble soon.

* Automobiles in general and luxury cars in particular, decrease the most in value in the first two years. If you purchase a 2 or 3 years old car, you can crop substantial savings

The Leasing Option

It is wiser to lease a used luxury automobile because one, if you are a business owner, you can write it off come tax time, and two, if you buy it and it starts having expensive repairs, you are stuck with car. In a lease situation, you always have the option of just returning the car at the end of the period and do not have to worry about getting rid of a car that is expensive to maintain.

A Warranty Is Good To Have

You should aim to find a used luxury car that has some of the factory warranty remaining. Another option is to get a warranty from the dealer. It is convenient to have such a safety net, in case something unexpected should occur, such as high car repair expenses and similar. Let’s say you purchase a 2005 BMW in 2007. Having a 5 years warranty will get you big savings from the retail price or MSRP (manufacturer suggested retail price) and in addition you will still have three years of warranty left. Something to think about.

Article Source: http://EzineArticles.com/820082

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Reasons Why Brand is an Important Consideration When Purchasing a Pre Owned Car

Purchasing a brand new car is never an easy feat as it requires you to spend a huge amount of money. Hence, pre-owned cars in Dubai become the last resort of many. This is where the importance of brands enter the picture.

Apart from the fact that premier automakers create some of the best vehicles of all time, there are other reasons as to why brands matter when it comes to owning a pre-owned Range Rover in Dubai, for instance.

Smooth Purchase Process

More and more pre-owned car buyers search for certain brands to obtain exclusive functions and features that such automakers offer. In the past and even today, carmakers have always strived to go beyond limits to develop new features that will boost car sales. Hence, when searching for second-hand cars Dubai dealers, some buyers prefer these brands to have a better driving experience.

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Buy Cheap Luxury Cars – Government Seized Auto Auctions

Cheap luxury cars are the best way to improve one’s image in a society. Contrary to what most people think, you don’t need to spend a lot of much money. These cheap luxury cars can be owned or rented too.

If there is any special occasion, you can just rent it for a day and return it, saving lots of money. There are plenty of companies who do this type of business and it is almost like a separate auto industry.

Many automobile companies use technology from all over the world and design their own product at low cost. Chrysler is one among those companies. It has paved a new path for luxury cars below $30,000. The most popular models are Chrysler 300 and Lexus IS 250.

In India, there are many transport companies who sell and rent luxury cars at low prices. These are usually provided for higher officials who arrive from other countries, tourists, and trade shows.

Hotels also provide their customers with luxury cars to gain utmost satisfaction. They don’t charge much for the transport and SUV’s such as Innova and Tavera are used, Mercedes for any World Bank team, and Mitsubishi’s for all Japanese visitors.

The best place to find cheap luxury cars are at Japanese auctions. There are car auctions in Japan where one can buy a used car and export it to their own country. This saves a lot of money compared to when buying a luxury at a local dealership.

The Japanese are well known for their models of Toyota, Nissan, Subaru, and Honda. They provide all the comforts, safety and equipped with the latest technology. But, it is very important to find a reliable company, which is associated with the government.

Second-hand dealers are not reliable and may be undependable. This process of buying a luxury car is very simple, it can be done online. Normally, 40,000 cars are sold daily. The only disadvantage is that the process might be very slow.

There are many things you need to know when buying a cheap luxury car to avoid fraud. Many people regret their decision after buying the car.

First thing to be taken care of is insurance. The car should be warranted, some insurance companies don’t provide insurance for used, cheap cars. Next, the luxury car and how much the car is worth should be checked. It should be scrutinized and researched carefully before buying a cheap luxury car.

Article Source: http://EzineArticles.com/2197646

 

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Things a Person Charmed by Luxury Car Should Understand

Are you someone who has been smitten by the timeless and superior performance of luxury cars? If you are planning of owning a pre-owned luxury car in Dubai, you need to be sure of which luxury car will live up to your expectations, budget, and lifestyle. When driving luxury cars in Dubai, the motorists and occupants can experience exceptional driving and top end safety features.

Now let’s look into some of the things which you can include in your checklist which will ensure a smooth purchasing experience.

• You need to be aware of the luxury cars which will fit your varying needs and requirements. For that internet acts as the best tutor. You can also seek help from car enthusiastic friends who can guide you in choosing the right luxury car brand and model.
• Finding the right dealer is also another important factor which needs to be taken care. For that, car enthusiastic friends can act as the primary source. When you are dealing with the reputed car dealers and is visiting a Ferrari, Bentley, Aston Martin or Rolls Royce showroom in Dubai, you are assured that the car which you are purchasing are of top quality. Another privilege which you can enjoy is that the legal and paperwork will be done by the expert sales executives. Along with that, you can also receive the warranty, insurance and flexible finance options upon request.
• You can also request for the vehicle history reports which will ensure that the car has not been met with any accidents and has a clean title.

Still searching for luxury cars? Elite Cars is one of the leading car dealers in Dubai in which you can entrust your needs when you are looking for a luxury car. The expert sales executives in our showrooms are capable of providing you the right luxury car brand which is free of defects and possess a clean title. You can also take advantage of flexible finance options and discounts.

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Reasons Which Will Make You Purchase A Luxury Car

For all, purchasing a new car is always a big decision. Everyone will opt for a car which will look good and meet their expectations. Everyone has different perceptions of what a car should offer to them. In terms of purchasing a luxury car over an economical car, there are perks which are associated with luxury cars.

Now let’s look into some of them:

• One of the significant benefits which draw people to luxury cars is the superior performance they offer.
• The top end safety features are another important aspect to which people opt for luxury cars. With the features like the side airbags, traction control, stability systems, and curtain airbags can still keep you safe in the event of a serious accident.
• The comfort and the entertainment options offered by the luxury cars are far more superior when you are comparing it with economic cars. Heated leather seats with massagers, high quality sound system/ speakers and lot more other accessories are first introduced in the luxury cars.

These are some of the facts which attract people to purchase luxury cars over economic cars. If you are concerned about budget, you can also opt for a pre-owned luxury car in Dubai. If you are planning of a luxury car, contact any of the leading Dubai car dealers as they will provide you with the approved and certified pre-owned luxury car with various financing options. The Elite Cars is one of the leading affordable used luxury car dealers in Dubai where you can find a wide collection of luxury cars including Audi, Land Rover, Mercedes- Benz and many more.

 

Article Source: http://EzineArticles.com/4967230

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