Buy new luxury cars at cheap rates and save lots of your money

Purchasing a New Car at the Year End Will Save Your Dollars.

Car sales are promoted all over America at the end of the year, promising to save hundreds of dollars by slashing the prices. Is the end of the year really the best time to buy a car? If you are suffering from bad credit, what is the best way to take advantage of the year end prices? You might wonder why the market is flooded with new cheap car at the year end. Here are four logical reasons why dealers are lowering prices just to gain more sales at the year end.

Click here to find new cars for sale

• Car dealerships have a floor plan ready, and this means that the dealer does not own the inventory, but the bank finances it and the dealer is charged interest on the same. The inventory which the dealers possess at the end of the year is directly proportional to the amount of interest charged to them. Hence, if there are more cars left according to the floor plan, then the dealer has to pay higher charges to the bank. And hence they are keen to sell off most of their inventory.

• Also, incentives are offered by many manufacturers to dealerships for moving out the inventory so that there is more room for the New Year models, which are newly launched. And this is why dealers have a strong reason to work out the deals on the New Year’s Eve. Hence, you can find advertisements of new car sale as 31st Dec comes near.

• Since, people shop more for Christmas in December, car sales is slow for the whole month and this gives dealers one more reason to push cars off the car lots. They can meet their monthly quotas by selling a higher number of cars.

• Finally, sales management depends on the number of units sold every year, which adds pressure on the dealership staff to sell more and increase the profit margins.

If you are suffering from bad credit and you wish to benefit from the year end car sales, then you should ask for a new cars online from different lending services. There is also an option where you cannew cheap car.

Click here to find cheap new cars