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Best Time To Buy A New Subaru

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best time to buy a new subaru


The demand for new and used cars continues to outpace supply as automakers have a really hard time increasing production. Global supply shortages have affected car makers on every continent. However, the situation for car buyers is improving in late 2022. After almost two years of ridiculous prices, deals can finally be negotiated.

In late 2022 and early 2023, new and used car prices are dropping. This is not a normal time for car price trends. Price declines are more pronounced in the used car market, but select new models are negotiable too.

The last week of the year is usually the best time to buy a car. Incentives and negotiation leverage improve as dealers hurry to move the last of the previous model year off of their lots.

Pre-pandemic data from Edmunds shows that the time around Labor Day is when most new car incentives begin, with discounts growing as the year comes to an end. Better deals continue on outgoing model years through fall and winter as new models compete with outgoing model years for space on dealer lots.

Our recommendations are based on a combination of peer-reviewed research and opinions from experts in the field. We spoke with experts at car-shopping sites Autotrader, Edmunds and Cox Automotive about the best time to buy a car, how to negotiate the purchase price and other car-buying tips. We also scoured online articles and reviews to find out how to time your car purchase to score the best deal.

New legislation has moved a bit faster than the New Zealand automotive industry expected with the introduction of some new programmes and policies, which will affect the price of certain new models from January 1st next year. Until then, we are FEE NEUTRAL (except for WRX and the impending Outback 2.4 turbocharged model), so now is the perfect time to buy a Subaru!

Both the CCD and CCS include government-mandated fees that apply to certain vehicle models and is subject to change at any time. As of 1st April 2022, Subaru Outback 2.5 litre models, XV, Forester and Impreza vehicles do not incur a fee.

And most importantly - that's all that's changing. We'll keep making ever-more efficient cars, with Subaru's famous capability, performance and exceptional safety standards. So if you were thinking of buying a new Subaru, now is the best time to do so to avoid future Clean Car Programme fees.

January, February, and December are the three best months to buy a used car, in that order. According to iSeeCars, in general, late fall and early winter are good times to purchase a used car with a deal.

"There is more inventory at this time because it aligns with the most popular time to buy a new car due to dealers wanting to get rid of outgoing model year vehicles to make room for new model year inventory," iSeeCars' executive analyst Karl Brauer said in a statement in the study. "Additionally, there isn't as much foot traffic in dealerships in the beginning of the year compared to months with milder weather, so dealers are more competitive with their pricing to drive up demand."

The best time to trade in a car is when you can get the most money for it. That depends mostly on the car's age, mileage, and the time of year, but there are variables. For example, a car with lower mileage isn't automatically worth more than one with higher mileage. Also, if you have a car loan, the cost of paying off the loan versus the car's value can affect whether a trade-in is worth it.

There may be a "sweet spot" for trade-ins between the third and fourth year for value. After that, the depreciation rate per year tends to flatten out until about year eight. After that, selling it to a private party may be your best option. Learn more about how to trade in a car.

Yes. Dealerships typically need more used car inventory in the first half of the year. Since dealerships also have sales goals to meet at the end of the month and the quarter, March tends to be a great time for getting a strong trade-in offer. There's an argument for good trade-in value at the start of a new model year since dealers will be eager to make deals to get cars off their lots. But when the new model comes out, your used car will be seen as another year older, which lowers its resale value. So trading it in well before a new model year debuts can increase the trade-in value.

The best time of year to trade in a car can also depend on the type of car. For example, if you have a sportier car or a convertible, you may get more value from trading it in during the spring months. Demand for those cars will steadily increase toward summer at the dealership. Similarly, trading in a 4x4 or SUV with all-wheel drive in the fall is a good idea in places where the winter weather gets snowy or icy.

Generally speaking, you should only trade-in your car when the dealer pays you more for it than the amount left to pay on your loan. When your vehicle is worth more than you owe, you have positive equity. If you have negative equity, you'll still owe money on the loan even after you trade in the car. However, the best time to trade in a car you still owe on isn't only affected by equity.

If you will have to pay a prepayment penalty for paying off your car loan, it might be worthwhile to wait until you're past the prepayment penalty period. In some cases, the best time economically to trade in your car is when it helps protect your credit rating. If you're having trouble making your car payments, it can be good to trade in a car, even with negative equity. Reducing the amount you owe, or lowering your payments with a different car and loan, can protect your credit from years of damage due to a default on your record.

Keep in mind that when you trade a car in, you're likely to get less for it than its estimated value. The dealership needs to make a profit when it resells the car while paying for any reconditioning and repairs to enhance its value. You're likely to get more when selling your vehicle privately. But by trading it in, you'll be saving yourself the time and effort of finding a buyer and dealing with all the paperwork associated with a private party sale. Learn more about how to trade in your car and tips for trading in your car.

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