New or Used, When Is the Best Time to Buy a Honda? 

New or Used, When Is the Best Time to Buy a Honda? 

Across the automotive industry, prices have been rising due to a number of factors, from the recent semiconductor shortage to inflation. 

At Neil Huffman Honda in Frankfort, this has left a number of our customers wondering when is the best time to buy or trade-in for a new or used Honda. 

Luckily, There is a certain seasonality to the automobile industry that customers can capitalize on in order to enjoy big savings. 

The Best Time to Buy a Used Honda

The best time to buy a used car depends on when the new cars come in. 

The good news is that you can predict this.

New cars typically come in at the end and beginning of years. So, December, January, and February are typically the best months to buy a used car. 

Why? 

Because new cars are coming into the lot. Since there is only so much space for vehicles on any given dealership’s lot, you can expect there to be markdowns on the used vehicles that are taking up space that the new cars are meant to fill. 

That being said, it all depends on what kind of used vehicle you are looking for. 

If you are looking something older, cheap, and with some miles on it, then certainly look for those early-year markdowns.

However, if you wait for the summer, you can get great deals on more recent models Hondas, which may have been bought in the new-car wave and returned within a number of months. 

With a little patience, you can get a great deal on a used Honda that is pretty much good as new. 

The Best Time to Buy a New Honda

To get more specific than seasons, we would offer you the advice of coming in during times where there may not be a whole lot of shoppers, such as a Monday afternoon (when most buyers are likely to be at work.) 

Another reason for early-week shopping is that many buyers come in over the weekend, and so the sales team will likely be more willing to give you a deal after a weekend of good sales. 

Coming in at the end of the month can also be a good way to get a deal on a Honda, as this is when most dealerships are looking to fill sales quotas. 

You should also keep in mind that most dealerships set up deals for holidays such as Presidents Day and Labor Day, which can lead to big savings on new vehicles. 

If you have been wanting to buy a certain kind of car, based on make or model, then you should do some Googling—if press, such as reviews, has been released for an updated model of a car, then you can take that as a sign that the car is going to be on the lots soon. This is an especially useful tactic if you have your eyes set on a vehicle that is expected to sell well—sometimes, it is wiser to get your hands on the vehicle as soon as possible, rather than waiting for a day where you may get a markdown. 

The Best Stock of New and Used Vehicles in Kentuckiana 

Still searching for a used vehicle that is right for you? Look no further than Neil Huffman Honda of Frankfort for a great-value used vehicle at any of our locations. If you have any questions for us about our new or used vehicle inventory, be sure to contact us today and we will help you find what you are looking for. 

 

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