Summer Car Buying Season is Here

Summer Car Buying Season is Here

by John Koehler Comment Closed
**This post contains affiliate links and the publisher may be compensated if you make a purchase after clicking on these links.**   It is once again the unofficial start of summer upon us: Memorial Day Weekend!  As we discussed in the article about holiday weekend shopping last year, holiday weekends tend to be a great time to buy a car for a variety of reasons.  Of course, if you're going to go car shopping over a holiday weekend you don't want to spend your extra day off at the dealership.  So get prepared in advance. Among the holiday weekends Memorial Day weekend is one of the best ones for car buyers for a couple of reasons: The model year traditionally starts in the fall, so dealers use the summer to clear inventory of the outgoing model year.  Memorial Day weekend is a great time to promote the clearance deals that will make room for the new models coming in from the factories. Memorial...
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Leasing an “Old” New Car

by John Koehler Comment Closed
Is is Worth Leasing an "Old" New Car? **This post contains affiliate links and the publisher may be compensated if you make a purchase after clicking on these links.**   As we reach mid-June there are still more 2016 vehicles listed as new cars for sale than there are 2018 vehicles listed for sale.  Overall, there are about 103,000 new 2016 vehicles listed for sale nationwide, which is about 4% of the total new car inventory currently listed for sale*. All of these cars will eventually be sold, it's just a matter of when and at what price.  Lease Wizard doesn’t recommend for or against considering these vehicles for lease (or purchase) versus more conventional new cars – those with a 2017 or 2018 model year, but instead here are some things to consider that can help you make an informed choice: At some point in each year a manufacturer usually cuts off incentive support for these “old” new cars – the ones with...
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