Best deals now or can I wait?

bethanysilva

I am looking at purchasing a 2017 Acura RDX AWD Base. I don’t need to purchase a new car for a few more months, but I know that historically this time of year can fetch the best deals. I have 2 auto loans currently and will be paying one off in a month so financing would be easier in a month or two, but I could likely get financed right now with 3 loans, so if this is likely the best deals I can do it.

I received the quote below. My question is, does Acura ever have incentives between January and March? Any chance Acura ever extends the Conquest Rebates? Will I likely fetch the best deal now at the end of the year with the current rebate or should I wait as they’ll likely have extended this or have others? Any advice is greatly appreciated.

MSRP $38,010
Dealer Price $35,057
Acura Rebate: $750
Car Price: $34,307
Dealer Doc $335 + tax & title

Is this likely the best deal I’ll get because it’s end of year or will I get this in a month or two? Thanks in advance for any advice!

stever

Hi @bethanysilva, your quote with the incentive is about 10% off MSRP. That's good for an Acura but not outstanding. The usual range for all cars is 6 to 12% off MSRP, and Acuras do fall toward the 6 to 8% range typically.

Too hard to guess what'll happen next quarter. The economy may tank and encourage more deals. The economy may boom and encourage more deals. My personal feeling is that incentives will slack off since SUV sales are booming. Overall sales will probably fall since we've had two great years in a row for car sales and it'll be hard to keep that momentum going, just because everyone that put off buying or leasing a car due to the '08 recession has gotten one.

Kind of a wishy-washy answer but you've done your research and I think it boils down to how soon you want to get into a new car.