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Buy used now or wait till the new year?

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  • 26-11-2007 7:59pm
    #1
    Sandwich
    Closed Accounts Posts: 1,253 ✭✭✭


    Looking to buy a 3 or 4 year old car for approx 20k.
    Better to buy now, wait until the new year, or does it make any difference? Will the price of a 2004 machine sitting on the forecourt today be reduced in the new year, or would I be more likely to find a 2005 (with correspondingly lower mileage) for my same 20k?


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    #2
    Earth Worm Jim
    Closed Accounts Posts: 251 ✭✭Earth Worm Jim


    I would wait till the budget is over and done with - VRT and tax changes could make a big difference depending on what type of motor your looking at.


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    #3
    crosstownk
    Registered Users Posts: 12,863 ✭✭✭✭crosstownk


    Sandwich wrote: »
    Will the price of a 2004 machine sitting on the forecourt today be reduced in the new year
    Not really - at least not in the sense that the price will change overnight on the 31st December. Remember that the used car will be standing a dealer a certain amount so he will be reluctant to drop the price, unless he has trouble shifting the car or if he overpriced it when making the initial deal.
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