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Buying now or Jan 16

  • 25-11-2015 1:49pm
    #1
    Zelda247
    Registered Users, Registered Users 2 Posts: 1,157 ✭✭✭


    Is it crazy to buy a used car now or would I be better to wait until Jan 16?


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,852 Mod ✭✭✭✭Henry Ford III


    Doesn't make much odds tbh. Prices don't just drop a big step on 1st Jan.


  • #3
    bazz26
    Registered Users, Registered Users 2 Posts: 51,360 ✭✭✭✭bazz26


    Most used cars probably had their prices dropped in the last few weeks to take account of the year change in January. As said they don't magically drop on 1st Jan.


  • #4
    duffman3833
    Registered Users, Registered Users 2 Posts: 1,037 ✭✭✭duffman3833


    if you wait till late jan, early feb there may be more selection of cars in many dealerships as all new cars will be bought and old one traded in


  • #5
    Zelda247
    Registered Users, Registered Users 2 Posts: 1,157 ✭✭✭Zelda247


    Thanks I just wondered if the prices dropped significantly because the car is now a year older.


  • #6
    bazz26
    Registered Users, Registered Users 2 Posts: 51,360 ✭✭✭✭bazz26


    If the car your looking at was traded in recently then chances are that the dealer bought it from the previous owner at next year's price too. The same way if you were trading in your old car now, the dealer would be buying it at it's 2016 trade-in value.


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