December Has Seven of the 10 Best Days to Buy A New Car

By | December 6, 2011

SANTA MONICA, Calif., Dec. 6, 2011 /PRNewswire/ — Don’t fret if you just missed out on getting a new car during Black Friday. December is shaping up to be a great month for consumers to hit the dealership lot, with a forecasted seven of the top 10 days to buy a car this year falling within the last month of the year. TrueCar.com suggests car buyers take advantage of some amazing deals available on 2011 and 2012 models that can save consumers up to 32 percent off a new car. TrueCar.com, the only transparent publisher of real-time new and used (ClearBook.com) vehicle transaction data in the U.S. market, has found the best new car deals on vehicles including cash, finance and lease deals available nationwide, and is forecasting that New Year’s Eve, December 31st will be the second best day of the year to purchase a vehicle with an average discount of over 9.3 percent from the Manufacturers Suggested Retail Price (MSRP). The cash deals reflect the possible discount from (MSRP) and include manufacturer’s rebates and other incentives.

With seven of the top 10 days to purchase a car in December, here are the days and average discount percentage expected:

Best Days to Buy in December
   
Date Expected Average Discount
12/10/2011 8.9%
12/24/2011 8.7%
12/27/2011 8.8%
12/28/2011 8.7%
12/29/2011 8.7%
12/30/2011 8.9%
12/31/2011 9.3%

 

“December is going to be the best month of 2011 to buy a car with manufacturers offering attractive year-end incentives and dealers motivated to move inventory to get to their sales objectives,” said Jesse Toprak, VP of Industry Trends and Insights for TrueCar.com. “It’s also a good month to buy a luxury vehicle or large truck/SUV. But car buyers should remember to do their research before buying a car by locking-in an already negotiated price, which can result in significant savings and in a pleasant buying experience at the dealership.”

Some examples of discounts available on 2011 and 2012 models include:

Cash Deals
Year/Make/Model MSRP Estimated Net Price* Percent Discount**
2011 Chevrolet Silverado 1500 $22,230 $15,194 31.7%
2011 Chrysler 200 $21,995 $16,790 23.7%
2011 Nissan Armada $44,615 $34,899 21.8%
2012 Jeep Liberty $24,155 $19.085 21.0%
2011 BMW 3 Series $45.025 $37,095 16.7%
*Estimated Net price is the estimated average transaction price of a vehicle after incentives.
** Percent Discount is rounded to the nearest tenth

 

Finance Deals

  • 2011 Chevrolet Malibu  – 0% financing for up to 72 months (Expires: 1/2/2012)
  • 2012 Ford Fusion – 0% financing for up to 60 months (Expires: 1/1/2012)
  • 2011 GMC Sierra 1500 – 0% financing for up to 60 months and $1,000 cash (Expires: 1/2/2012)
  • 2012 Honda Accord – 1.9% financing for up to 60 months (Expires: 1/3/2012)
  • 2011 Kia Optima – 1.9% financing for up to 60 months plus $500 cash (Expires: 1/3/2012)
  • 2012 Volkswagen Tiguan – 0.9% financing for up to 60 months (Expires: 11/30/2011)

 

Lease Deals

  • 2011 BMW 328i - $299 per month for 36 months with $4,924 due at signing and 10,000 miles annually (Expires: 1/3/2012)
  • 2012 Buick LaCrosse with eAssist – $331 per month for 39 months with $0 due at signing and 12,000 miles annually (Expires: 1/3/2012)
  • 2012 Cadillac CTS – $399 per month for 36 months with $0 due at signing and 10,000 miles annually (Expires: 1/3/2012)
  • 2012 Lexus IS 250 – $339 per month for 36 months with $3,499 due at signing and 10,000 miles annually (Expires: 1/3/2012)
  • 2012 Mercedes-Benz GLK350  – $399 per month for 30 months with $4,583 due at signing and 10,000 miles annually (Expires: 1/3/2012)
Conservative Daily News allows a great deal of latitude in the topics contributors choose and their approaches to the content. We believe that citizens have a voice - one that should be heard above the mass media. Readers will likely not agree with every contributor or every post, but find reasons to think about the topic and respond with comments. We value differing opinions as well as those that agree. Opinions of contributors are their own and do not necessarily reflect those of CDN, Anomalous Media or staff. Click here if you'd like to write for CDN.
Put This Story in your Circles and Share with your Friends