Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see May lease deals!

Do we get good car deals if we buy on December 31st?

savingprivatesavingprivate Member Posts: 9
edited December 2015 in General
Just checking if we get good car deals if we buy car on last day of the year on December 31st


  • Options
    steverstever Guest Posts: 52,454
    Generally yes, but it depends.

    The last day of the year/month/quarter may be another date for dealer bonus purposes.

    The dealer may not need to sell any more cars "at cost" to make quota.

    Some dealers are "hungrier" than others.

    If you know what you want, I'd hustle up some email quote requests right now. The work the two or three lowest quotes against each other.
  • Options
    MichaellMichaell Moderator Posts: 243,198
    Agreed with what @stever said above, but be aware that most of the incentives are valid until 1/4/16, so don't feel 'pressured' to make a deal today. The same deal will probably be available tomorrow, Saturday, Sunday (if your dealers are open) or even Monday.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    steverstever Guest Posts: 52,454
    That was also true in 1998 when I purchased a new van. I drove it off the lot on 12/31. The salesperson told me a week later that the last day of the "month" for Nissan's bonus money that year was January 4.
  • Options
    carboy21carboy21 Member Posts: 760
    edited December 2015
    As a general rule, models in demand, don't have special clearance sale :smile:

    Try Hyundai and Nissan . They are always ready to move cars off the lot .
Sign In or Register to comment.