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When is the Best time to Buy a USED Vehicle?

When is the best time to buy a USED vehicle?

  • May / June

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  • September / October

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  • Its depends on the weather

    Votes: 0 0.0%
  • It depends on fuel prices

    Votes: 0 0.0%

  • Total voters
    17

The Giant Noodle

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Now that Ive been doing this car thing for awhile and know when the best time to buy a USED vehicle, I figured I would ask YOU follks to get your opinion. :)
 
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Never. My dad always said the man that buys a used car buys another's headache.
 
Never. My dad always said the man that buys a used car buys another's headache.

Honestly thats pretty foolish for a number of reasons. One is depreciation. The other is there is almost always problems..... even large ones.... with a new car. Your father sounds like mine!
 
The answer is NOW!!!!
AT YOUR LOCAL USED CAR DEALERSHIP!!!!!



But srsly does the time of year really matter?
 
A man who buys a used car has had someone else fix the problems. I usually buy 12-18 month old cars with 10-15,000 miles.
 
Now that Ive been doing this car thing for awhile and know when the best time to buy a USED vehicle, I figured I would ask YOU follks to get your opinion. :)

The best time to buy a used vehicle is between Christmas and New Year's. You pick the year. ;)
 
Worst time is right now. Dealers jack up the price of used cars around tax season. Get one around the onset of winter.
 
I would suggest it depends on how "used" it is

A leased back (meaning a newer car being brought back from a lease would best be purchased just after the new years models are being brought on the lot ( ie late Oct, Nov and Dec)

A throughly used car that is going to be treated as a throwaway (when something major goes wrong it is tossed) when ever you can find a good one.

I expect though that for the majority of used cars more will be on sale for a good price just after christmas or right around income tax time. Ie when people need money to pay for unplanned for bills
 
Wouldn't know, I only buy new cars.
 
Honestly thats pretty foolish for a number of reasons. One is depreciation. The other is there is almost always problems..... even large ones.... with a new car. Your father sounds like mine!

Never is the correct answer from my experience. New cars have warranties, used cars don't. I don't get your depreciation comment. They depreciate no matter when you buy them.
 
Never is the correct answer from my experience. New cars have warranties, used cars don't. I don't get your depreciation comment. They depreciate no matter when you buy them.

You take the biggest monetary hit in depreciation in the first couple of years of ownership. The % decline also slows down as the car ages
 
You take the biggest monetary hit in depreciation in the first couple of years of ownership. The % decline also slows down as the car ages

Which is only relevant if you care at all about resale value. Otherwise... so what?
 
Which is only relevant if you care at all about resale value. Otherwise... so what?

How about money even if you keep the car untill it dies

Buy a 1 year old car, and you can save 20% of the initial purchase price. That 20% can pay for a lot of repairs, and the car is still under warranty for a few years still

Buying a new car is a poor economic decision, but most people dont buy a new car based on economic decisions anyway
 
Never is the correct answer from my experience. New cars have warranties, used cars don't. I don't get your depreciation comment. They depreciate no matter when you buy them.

New cars are the worst decision to your pocketbook. Never EVER buy a new car. EVER! That is unless you have tons of money to set on fire.
And BTW the best time to buy a used car is in November and December. No one got the correct answer. Business is soooooooo dead during that time, that sellers are starving and willing to make huge deals! The worst time to buy a used car is tax season. Some used cars are literally twice as expensive at that time because of supply and demand.
 
Which is only relevant if you care at all about resale value. Otherwise... so what?

Not really since your insurance rate also depends on the cars value.
 
IN answer to the question, whenever you have the money to pay cash.

If you are willing to walk away from a deal with cash in hand, you will get the best deal.

If you are buying at a dealership, the last 3 days of the month are the best.

The salesman has to make his monthly quota so they will be more willing to deal.
 
Not really since your insurance rate also depends on the cars value.

That's why we have good jobs so we can afford things like that.
 
....immediately following Cash-4-Clunkers.
.
.
.
 
The answer is NOW!!!!
AT YOUR LOCAL USED CAR DEALERSHIP!!!!!



But srsly does the time of year really matter?

Never from a used car dealership - always from someone you know (esque) and only after you've had it thoroughly inspected.
 
That's why we have good jobs so we can afford things like that.

Not everybody is rich like you.

I bought a 2 year old Durango for half price in 2001 and have had it for 10 years.

I have never had a problem with it other than regular maintenance.

Why would I have spent $40,000 for the truck when I could get it for $20,000 slightly used?

Sounds to me like you just want to show people you have money you might or might not have.

Smart rich people know that you buy things that appreciate and rent things that depreciate.
 
Never from a used car dealership - always from someone you know (esque) and only after you've had it thoroughly inspected.

Now wih CARFAX you can check the title history and how many owners a car has had. That has tilted the business in the buyers favor, if you know how to interpret the information.

Car dealers are not inherently evil.
 
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