How to find a good end-of-year deal if in the market for a new car
Ty Wright | Bloomberg | Getty Images
For car buyers, the end of the year typically marks the best time to get a great deal.
Things look a bit different this time around. While there are still discounts and special financing on certain makes and models, those incentives generally are not as generous as in past Decembers, experts say.
“It’s not a buyer’s market, but there are still discounts,” said Ivan Drury, senior manager of insights at Edmunds.com. “Are they as widespread as they were? Certainly not.”
Due to a confluence of factors — including an inventory squeeze from early-pandemic factory shutdowns and the unanticipated demand from homebound consumers wanting to get on the road — discounts are not as high this month as they might have been otherwise.
Basically, dealerships don’t have to push as hard to move cars off their lots. The average time it takes for new