How much could you save on a new car if you waited until the end of the year?

Question

I hear the best time to buy a car is in December because they are trying to make room for the newer models. I'm planning on purchasing the 2008 scion xd. How much do you think I can save if I wait until the end of the year? Is it worth it to wait?

Answer 1

Not 1 penny on a Scion as they are pure priced with the threat of losing franchise from Toyota dealer if they do not sell at Scion's prices and follow rules.  by the end of year other models are for the most part gone in late October to early November.  If and this is a big if, you find a car you like at end of year yes you will get a good deal.  Looking at Toyota/Scion in 18 years of being with Toyota there has been under 30 cars from preceding year in December.  Best time is to check incentives and end of month like last day of Make of vehicle's day as there are quotas to be met for better llocation and bonus to dealer.

Answer 2

Try the kelly blue book.   It tells you the invoice price that the dealer should sell the car for.

Answer 3

Not much.  Toyota typically never has extra of popular models like the xD.  They also create model shortages to keep prices artificially high.  Just get it now and enjoy it.  Good Luck

Answer 4

You can get a "good deal" anytime if you know exactly what the dealer paid for the car, including any incentives from the manufacturer..then you can bargain up from the true invoice price..a great service is offered by Consumer reports, for a small fee, they will give you all you need to know about any one car, including the true dealer cost, and how to negotiate a deal.

Answer 5

probably $2,000-4000, also look for the 08 "demos" you can get really good deals because they'll have about 5-10 thousand miles on them but you can get really good deals on them. but if you go to the dealer and ask them the dealer invoice price which is the price they paid for it they have to give you it and thats getting a really good deal also

Answer 6

You would probably get the scion at invoice price because it is only the end of the year not the next year yet. But if you wait till the next year the price will have dropped by a lot because the new year models will eb arriving.