A local franchised dealer was nearing quarterly, and yearly sales quota end and needed to sell a few more of their delivery-mileage cars to earn bonuses.
The dealer had some of its employees buy the few remaining vehicles to meet and exceed sales targets – such is the profit when a dealership meets objectives.
So, one of the best times to buy a used car (pre-registered or dealer approved) is during periods when new vehicle registrations are launched into the market…
You are on Step 3 of 13 in your guide to buying a new or used car.
Here you’ll learn the best times to buy a car based on the release dates of new car reg numbers.
CarVeto has helped thousands of motorists buy cars that are genuine, reliable and great value for money. Part of the process includes a look at an online vehicle check for previous theft, mileage fraud and write off categories.
Take a look below…
Is now the worst time to buy a car?
The pandemic has dried up the supply of new car models and inflated for those wanting to buy a used car. Expect to pay a little more to get the car deals you really want.
For example, April 2021 saw one Bristol based VW Heritage dealer sell a whopping 83 approved used car sales in a single weekend.
But, there are some bargains to be had if you shop around at the right times and work at getting a great deal.
New Car Registration Plate Changes
New cars registration number plates launch in March and September, year-on-year.
You are likely to get the best deal on a new car during the two weeks leading up to new car reg release. There are instances where you can save thousands from list prices.
If you are buying a car privately, there are no such targets. As a rule, privately sold cars are a bit cheaper than dealers who have expensive overheads like staff salaries, insurance, VAT and of course, warranties (something you will not get with a private sale).
The worst time to buy a used car is in the last and first weeks of a new month, as that’s when droves of UK motorists get paid. Dealers tend to be busier during these times and less likely to offer you a helping hand.