Generally speaking, dealerships are more likely to offer larger discounts towards the end of the year in order to make way for new models and clear out unsold inventory. This is especially true during December, when dealerships are looking to meet sales targets before the end of the year.
On average, you can expect to receive a discount of around 5-10% off the sticker price of a new car during the end of year sales. However, some dealerships may offer even larger discounts, particularly on slower-selling models or vehicles that are being replaced by newer models.
In addition to discounts, many dealerships also offer special financing deals and incentives at the end of the year, such as 0% APR financing or cash back offers. These incentives can further reduce the overall cost of purchasing a new car.
To get the best deal possible, it is a good idea to research different dealerships and compare prices before making a purchase. You may also want to consider negotiating with the dealership to get a better price or additional incentives.
