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Home Buyers Guide The Best Time to Buy a Truck
Buyers Guide
November 12, 2020

The Best Time to Buy a Truck

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Does timing really matter when buying a truck? Yes, it does! While you could buy a truck at any time, buying it at the right time will get you the lowest price possible. Sure, it takes some patience and strategizing, but isn’t paying less for a truck you’ve been intending to buy almost as sweet as actually driving it? We tell you the best time to buy a new truck.

Best Months to Purchase a Truck

The holiday season is undoubtedly the best time to buy a new truck. Like in the case of retail businesses, the Black Friday sale is critical for vehicle manufacturers. Also, starting from Black Friday till the end of the year, most dealerships will try to close more deals so they can make their quotas and earn larger bonuses – this essentially means you could get a better deal, especially if you do your research beforehand.

Dealerships want to close the year with a higher number of sales in comparison to the previous years, so they will likely be more willing to offer you discounts. They’ll also be looking to move the current inventory out so there’s enough room for new models.

Although December is the best time to buy a trick, it doesn’t mean you need to wait till the end of the year to make your purchase. In addition to December, other good months to buy a truck are:

May – the Memorial Day weekend – features deals and discounts from dealers and manufacturers.

October is another good month since you could negotiate for a better price given that it’s close to the end of the year.

Typically, in comparison to other months, you’re likely to find better discounts from May through September.

Ideally, avoid buying a truck between January through April since you likely will not be able to negotiate too much.

Best Holidays to Purchase a Truck

If you can, try to buy your truck when dealerships have holiday sales. Not only are you likely to find better discounts, but you may be offered better financing options as well. A few holidays that you should target are Memorial Day, the 4th of July, Labor Day, Veterans Day, Black Friday, and New Year’s Eve.