(StatePoint) ‘Tis the season for shopping, and not just for presents to put under the tree. Many people shop for new cars this time of year, and for good reason.
Car dealerships generally save their best deals for the last months of the year, according to Kelley Blue Book. One reason is that new car models arrive at dealerships in September and October, so if last year’s models are still sitting on the showroom floor, chances are buyers can snap them up at deep discounts. Dealers also tend to lower vehicle prices at year-end to reduce inventory before the start of the new calendar year.