Purchasing a luxury car or SUV is a significant investment, and getting the best deal is absolutely imperative to ensure satisfaction with the purchase. While luxury vehicles are known for their hefty price tags, there are certain times when savvy buyers can take advantage of special offers, promotions, and discounts. In this article, we’ll explore the best times to buy both new and used luxury vehicles, providing insights that can help you make an informed decision and save big on your dream ride.
End of Year Deals
Toward the end of the year, typically in the months of November and December, luxury vehicle dealerships are eager to meet their annual sales targets. To accomplish this, they often offer attractive incentives to entice potential buyers. Taking advantage of these end-of year deals can lead to substantial savings on the purchase price, discounted financing options, or complimentary add-ons that can enhance the overall luxury vehicle ownership experience.
New Model Releases
Luxury vehicle manufacturers often release new models during specific times of the year. When these newer models hit the market, dealerships may look to clear out their inventory of the previous year’s models. As a result, this transition period can be an ideal time to buy a luxury vehicle. Dealers may offer discounts on the outgoing models to make room for the latest ones, giving buyers an excellent opportunity to get a high-end vehicle at a more affordable price.
Special Promotions and Sales Events
Throughout the year, luxury vehicle dealerships may organize special promotions and sales events. These events could coincide with holidays like Black Friday, Memorial Day, Labor Day, etc., or they might be unique to the dealership itself, like the dealership’s birthday. Keeping an eye out for such events can often yield exceptional deals, as dealers may offer exclusive discounts, cashback offers, or other enticing incentives to attract buyers.
Seasonal Demand Fluctuations
Luxury vehicle demand often fluctuates with the seasons. For example, demand for convertibles may increase during the spring and summers months when weather conditions are more suitable for open-top driving. Conversely, luxury SUVs might be in higher demand during the winter months when road conditions can be challenging. Understanding these seasonal trends can help buyers strategize their purchase timing and potentially negotiate better prices when demand is lower.
Certified Pre-Owned Sales Events
For those interested in used luxury vehicles, manufacturers and dealerships will occasionally hold Certified Pre-Owned sales events. During these sales, certified luxury vehicles go through thorough inspections and receive extended warranties, making them a reliable and cost-effective way to snag a luxury vehicle with added benefits and assurance at a fraction of the cost of a brand new vehicle.
Summary
Purchasing a high-end luxury vehicle can be a fulfilling experience, and timing your purchase strategically can lead to substantial savings. Whether you prefer a brand new vehicle or a certified pre-owned model, being aware of the best times to buy can make a significant difference in the price. Keep an eye out for end-of year deals, new model releases, special promotions, and special sales events to ensure you secure the best possible deal on that luxury vehicle you’ve been dreaming about.
State Motors Lincoln has been catering to customers in the Manchester area for over a century. Founded in 1919, we are a family owned and operated dealership with a wide range of new and used vehicles available. Our reputation for outstanding customer service has allowed us to become a reliable choice for many vehicle buyers. In addition, we have earned a number of prestigious awards, including the coveted President’s Award from the Lincoln Motor Company, presented only to the top 5% of Lincoln dealers in the country. Whether you’re looking for a brand new Lincoln or a pre-owned gem, our knowledgeable sales team is ready to assist you in finding the perfect vehicle to suit your needs.
In addition to our impressive inventory, we provide top-notch service to ensure that your vehicle stays in excellent condition. Our certified factory trained service technicians possess the expertise to handle all of your vehicle’s maintenance and repair needs.
For more information about State Motors Lincoln and our offerings, contact us via our website or reach out to us directly at 603-541-7626. Better yet, stop by and see us. We’d love to meet you!