A CAR dealer has revealed the exact date to buy your next motor for as cheaply as possible – you could save thousands.
Ray Shefska, who has sold vehicles for over 40 years, explained on YouTube how to get top deals in the coming weeks.
In the video, Ray said: “The absolute best time any year to buy a car is the last month of the year.
“Particularly, the last week of the year from Christmas to New Year.
“Typically January 2 is the cut-off date.”
He explained that this is when manufacturers offer their best bargains both directly to consumers and to showrooms.
This means that you are likely to be able to pick up your favourite models new at rock-bottom prices in that week-and-a-half period.
And this is especially true if it’s the last year for that model’s particular generation and a new version is slated to come out the next year.
Every six or seven years, car makers tend to refresh the design of their motors.
The tweaks can sometimes be relatively minor but are generally announced several months in advance and can knock large sums off the price of the soon-to-be outdated variant.
Ray’s son Zach added that a pal in the car industry told him that manufacturers have a variety of different discounts and finance programmes ready to go in an attempt to boost sales.
He claimed that companies can knock up to £1,000 off the price of their cars “just by flipping a switch” and said: “They’re willing to do that at this time of year, unlike, you know, in February.”
However, shoppers will have to be quick to take advantage of these deals as Ray expects manufacturers suggested retail prices (MSRPs) to go up next year.
As the name suggests, these are the prices the manufacturer recommends dealers charge for cars, often called the RRP in the UK.
This means that prices are set to either increase or come back to pre-Christmas levels even with a discount in place.
So if you’re motor is on its last legs, best to start saving now for some extra Christmas shopping.
It comes after Audi removed a model from sale in the UK after it proved too popular.
Meanwhile, drivers were warned over scams after it was revealed that thousands of car ads on Facebook Marketplace were fake.
