Did You Know: Christmas is a Good Time to Purchase Used Vehicles

close up of father and daughter with gift boxThe month of December isn’t just ideal for snagging deals on candy canes and snow shovels. Christmastime is actually one of the best times to purchase used vehicles. If the thought of replacing your current car has been on the back-burner, you may want to push it to the top of the list. Buy a used car now versus in the spring, and you could save some serious cash.

This is all according to a study done by the automotive website CarGurus. The demand for cars is lower during the holiday season. The lots are cold and most people are preoccupied with baking cookies, sipping eggnog and wrapping gifts. Thanks to this detail, the price drop. According to the study by CarGurus, car prices hit their lowest average between Thanksgiving and the first week in January. Come the New Year and the era of resolutions, prices rise apace.

So, if a new-to-you car lies in your near future, your smartest move is to buy now. And shop used. Used cars are already a great deal because of the amount of value you can get at a much lower price than new. Add to that the fact that prices are lower than ever this month, and you’ve got a deal even the Grinch couldn’t refuse.

Used Car Prices Remain Low Heading into 2015

Used Car Prices Remain Low Heading into 2015

Used Car Prices Remain Low Heading into 2015 – This 2013 Ford Edge is available at Mama’s Used Cars!

If your New Year’s Resolution was to get yourself or your family a new vehicle, then make sure to check out the used car market. As you know, you can buy a year-old model for a steep discount compared to how much the newest model would cost. Plus, used car prices continue to fall here in the early days of 2015. In fact, there were eight straight months of falling used car prices at the end of 2014, culminating in December, when prices were lower than ever.

You’ll find low prices especially in full-line automakers like Ford, Dodge, Hyundai, Volkswagen, Buick, and more. Our advice: maybe avoid the luxury brands right now. Obviously, the used models are still cheaper than the new models, but luxury car prices keep rising even while the rest of the used car market sees huge price drops.

To learn more about the used car market—and to check out some of these low prices we just mentioned, come see us here at Mama’s Used Cars and check out our inventory. We’re sure there is something for you here, no matter who you are and what your needs, and it’s a lot cheaper than usual—so come see us right away.