Taking advantage of end of year clearances at car dealers in Hope

One of the time honored rituals of shopping for new or used vehicles is waiting until the end of year clearance sales to try and get the best deal possible. If you look at the car dealers Hope ads during this time it is easy to see where the phrase "prices so low we're practically giving them away" came from in the marketing world. How can car dealers Hope businesses offer such low prices once a year? Learn out more about GoldKey today! More importantly, how can you take advantage of them to get the best deal possible on the car you want?

Why the deals are so good

If the deals are so good at the end of the year, does this mean that the prices were badly inflated for the rest of the time? No. One of the reasons why car dealers Hope businesses feature end of the year clearance sales is the cars on the site are now considered old and have fallen in value, they need to move them to get ready to take on the new generation of models. The way that cars depreciate is unusual and sometimes hard to understand. Most people are familiar with the idea that as soon as they drive off a car dealers Hope site the value of their brand new car plummets several thousand dollars. Well, the same thing happens when the clock turns on the first year of a car. The dealer goes from having a lot full of cars worth X, to having a lot full of cars worth N within a few hours. Since the car dealers Hope businesses that offer clearance sales tend to be new car dealerships, they need to have cars that have new car worth on hand at all times. It isn't a case that their prices are inflated for the rest of the year, in reality they are truly passing on savings to you because their stock has depreciated and they are discounting it appropriately.

How to maximize the discount

If the vehicle you want is featured in an end of year clearance sale, there are ways you can maximize the sales discount. While the discount itself will be as advertised, there are additional areas in which you can negotiate to bring down the cost. There are options if you are buying the car for cash that will significantly bring the price down. Even if you need to finance the car, there are still ways to negotiate a better price. Depending on the money down, terms, and rates you may be able to take advantage of additional buyer incentive programs. Another way to bring the price down is to be willing to negotiate on the options included in the car. By giving up some options, or being willing to take on others, you can get a car for much less than it was originally listed as a sale discount. The key to all of this is to do your homework first. Know what your options are both in what can be included in the car and your financing abilities before starting to take advantage of an end of the year clearance sale.

If you are looking for car dealers Hope, be sure to take a look at Gold Key Auto Group. We often have specials on new and used cars, so be sure to contact or visit us to learn how you can save money on your next car!