Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Please note that it is not permitted to have referral links posted in your signature. Keep these links contained in the appropriate forum. Thank you.

https://www.boards.ie/discussion/2055940817/signature-rules
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

When is best month to buy

  • 30-03-2011 12:07am
    #1
    Walker34
    Registered Users, Registered Users 2 Posts: 425 ✭✭


    which is the ideal month for buying a new car, is January the best in terms of deals/specials etc.

    Someone told me that retailers have a sales year with targets to meet, and if they are short on targets they will do good promos or offer better deals approaching the end of each quarter to pump the numbers. Is this baloney.....or is there an element of truth in it.


Comments

  • #2
    andyseadog
    Closed Accounts Posts: 2,412 ✭✭✭andyseadog


    the best month to buy is the month you want a new car.

    you could take into account sales figures, etc, but really if a dealer wants to do business they will and if they don't they wont. hard to get a handle on it, and even if you do its the most negligible factor in used car pricing.


  • #3
    Walker34
    Registered Users, Registered Users 2 Posts: 425 ✭✭Walker34


    Cheers Andy, just checking in case there was one of those "the whole world knows the best time to buy a car is" wisdoms waiting to nail me. I guess its down to the dealer on the day.


  • #4
    andyseadog
    Closed Accounts Posts: 2,412 ✭✭✭andyseadog


    Walker34 wrote: »
    Cheers Andy, just checking in case there was one of those "the whole world knows the best time to buy a car is" wisdoms waiting to nail me. I guess its down to the dealer on the day.

    not as such, the reg will make the biggest impact on the price.

    eg, it will be cheaper to buy a car in the last 3 months of the year becuase the reg is about to expire. but you wont want to buy then, because your car becomes 'a year old' very quickly.

    swings and roundabouts sort of, if you want to get your moneys worth out of the '11 reg', you have to buy it earlier in the year.

    i'm not saying don't buy your new ferrari in december or anything, but all things being relative, and if your hanging onto the car for a few years, best to buy new early in the year i reckon.


  • #5
    Reloc8
    Closed Accounts Posts: 2,857 ✭✭✭Reloc8


    If I was buying a new car I'd be looking for good value in August/September.

    Admittedly you end with 'a year old' car within a couple of months but in terms of value, the tax return is due in October and all retail businesses are pretty anxious to bump their cashflow. You have a good chance of getting decent value from a dealership willing to sacrifice some of their bottom line for a short term gain to help with the tax return.


  • #6
    andyseadog
    Closed Accounts Posts: 2,412 ✭✭✭andyseadog


    Reloc8 wrote: »
    If I was buying a new car I'd be looking for good value in August/September.

    Admittedly you end with 'a year old' car within a couple of months but in terms of value, the tax return is due in October and all retail businesses are pretty anxious to bump their cashflow. You have a good chance of getting decent value from a dealership willing to sacrifice some of their bottom line for a short term gain to help with the tax return.

    as they say,

    can. open. worms. everywhere.

    what you say is also true, but the question is, how much of a discount will you get (which right now is like trying to speculate how long a piece of string is), and is it worth the wait and watching your plate age quickly for the sake of a few hundred quid, particularly if you wish to keep the car for a long time.

    circumstance dependent of course.


  • Advertisement
  • #7
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    End of March and end of June.


  • #8
    Tea 1000
    Registered Users, Registered Users 2 Posts: 4,520 ✭✭✭Tea 1000


    andyseadog wrote: »
    as they say,

    can. open. worms. everywhere.

    what you say is also true, but the question is, how much of a discount will you get (which right now is like trying to speculate how long a piece of string is), and is it worth the wait and watching your plate age quickly for the sake of a few hundred quid, particularly if you wish to keep the car for a long time.

    circumstance dependent of course.
    At the end of the day you'll do best when they're keen to sell, and that varies. It doesn't matter about how long the year on your reg is the same as the year you're in, because you either loose it in the new car being a year older sooner or your trade-in being a year older.
    Over a long period of time if you do lots of miles and like to change frequently, it makes no difference. Just work out the cost to change and divide by the mileage to get an approximate depreciation cost per mile and you'll soon see that getting a good deal can happen at any time.


  • #9
    andyseadog
    Closed Accounts Posts: 2,412 ✭✭✭andyseadog


    Tea 1000 wrote: »
    Just work out the cost to change and divide by the mileage to get an approximate depreciation cost per mile and you'll soon see that getting a good deal can happen at any time.

    my point exactly :)


Advertisement