Monday, December 30, 2013

Car Industry Secret and Free Advice

Industry Secret and Free Advice. Did you know that when people start getting tax returns used car prices go up 30% or more at Auctions? Yes it's true.One major reason is people start cashing tax return checks in February and they will be receiving thousands of dollars in extra cash. So as a result in the car industry more customers than any other time of the year take the extra cash and buy a used car or make a down payment on a new car. As a result the Car Dealers will raise the prices of there inventory and charge you thousands more than any other time of the year. Why? Because people will pay for it and if you won't the next person will. It's so busy that most new and used car dealerships will make nearly 50% of the years sales from Feb-April. Sounds crazy, but it's true. So when you see that BIG Presidents Day Sale TV Ad, remember all the cars are all marked up so when you see what you think is a amazing discount in reality you will actually be paying more for that car then if you bought it in January. our advice buy in Nov, Dec-Jan when people are shopping for the holidays and buying a car is the last thing on people mind. Or wait until late June or July when families are on vacation and it is slow again. Prices drop dramatically in the Summer especially on 4x4s when snow is a distant memory. If you have the option to plan ahead you can avoid the mark ups and save big bucks!!

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