Why August looks like the best month to buy a new car
For most of the world, 2014 does not end until December 31. But in the automotive world, it’s as good as done. The long-held tradition of carmakers starting to deliver updated, next-model-year cars and trucks en masse to their showrooms starting around September means that dealers will automatically get more aggressive in summer months, but according to John Krafcik of TrueCar, brands have started selling 2015 models even earlier than usual, making this August the month during which you’re bound to score the best deal on a new car.
A month-by-month breakdown of new car and truck prices during the last five years, as provided by TrueCar.com is striking, revealing August as the month with the lowest average transaction price for a new car at $29,296, with July coming in second at $29,465.
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