When looking for car deals in January or at the start of the year, one has to figure out which of the best selling cars in December have sales that have declined. This is just the first step in looking for the best car deals at this time of the year.
USA Today reported that one can also look at the time it takes for dealers to sell a particular car model which is expressed in a number of days-to-turn. Slow-selling cars result to the needless car inventory that dealers are willing to offer at discounted prices. Important things to watch out are the factory cash discounts and low financing interest rates offered by companies.
Data on sales and incentives can be taken from automotive news and auto manufacturer's websites. One can inquire from car dealers for days-to-turn data.
As reported by Self-Lender, the month of January is notorious for low car sales since buyers are still reeling from high Christmas expenses. To boost sales, car dealers are prompted to offer the best deals or high discounts for their unsold inventory.
There are some cars that are good buys at this particular time and the 2017 Ford Escape is a good example. Its sales have gone down to 7.7 percent in December and the latest model took 55 days of days-to-turn which is way below its 36-day average. Ford is continuing with the $500 -$3,500 cash discount until February.
Jeep Patriot is another fine option. Priced at an average $23,000, the $2,250 to $3,250 customer rebates gives the buyer substantial savings and a neat deal for this affordable SUV.
The 2017 Toyota Corolla is a popular car and can be purchased at a good price at this time. Sales have dropped to 7.4 percent since December and its days-to-turn have gone up to 37 days.
The 2017 Toyota Corolla is offered at a $1500 factory discount and zero interest financing is available for qualified buyers. These are just a few of car deals one can get on a cold January month.
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