So, I’ve been doing some research on buying a car, and it has been interesting, yet a little confusing as there’s so many suggestions out there. While I am not in a hurry to buy a car, I am however getting all the information I need before I decide I am financially stable to do so.
Before you go on to read however, please note that ‘the best time to buy a car‘ would mean you will not get the latest model as new models are usually higher priced and in demand.
Anyway, for those of you wanting to buy a car, here’s a general idea on what I’ve gathered on when is the best time to buy a car from this website Carlist.my.
- Buy between November – March because
- dealers will be keen to hit their annual target before the year end
- dealers will want to clear old stock before the new year comes
- Buy car models that will be replaced because
- these models are already the best make for that particular variant (They are like the final edition)
- dealers will want to clear off their old stock as the new model will cause these older models to be difficult to sell.
Perhaps some of you would be thinking that old models are not cool, and that you’d want to get the latest model because it boast better features, is more economical and bla bla bla.
Well, aside from making you look good, new models are still largely unproven and most of their so called improvements are really based on controlled test. Older models however have been tweaked to become better over the years, and you can get feedback on the car from former owners. Bear in mind that fuel economy results are also based on driving style.
If you are wondering how much you can save by buying an older model, well, you can get discounts worth of thousands, and that does not include the free accessories and additional discounts given by your local dealer.
Take example the Nissan Navara which I had recently tried out. A brand new Navarra VL would cost me RM125,000, but if I was willing to get last year’s make (2015), then I will be given over RM14,000 worth of discounts and accessories. That’s a lot of savings!
So, if you are not looking to ‘bergaya’, chances are you’d be saving a lot when you are buying a car.