GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
20 YearsHelping You Live Richer
Reviewedby Experts
Trusted byMillions of Readers
Lets face it, thatnew car smellis intoxicating.
But you know what smells even better?
Saving a boatload or carload of cash.
No dings, no mystery stains and no worrying about what the previous owner did in the back seat.
Day one, it will lose thousands of dollars, said Chris Pyle, aJustAnswerAuto Expert.
When buying a used car, you are wiping out that value loss to some degree.
Cars work the same way, but with way more zeros involved.
Well, one persons emergency can be anothers opportunity.
People who sell their cars for quick money can offer great deals, Zabitis said.
They typically need money for a trip, house repairs or other unexpected expenses.
Car demand works similarly, but on a bigger scale.
Zabitis pointed out that certain types of cars become less popular depending on the season.
In short, buy a car when others dont need it.
Your wallet will thank you.
Car salespeople have their own version of this, but instead of grades, theyre after a big commission.
This desperation can lead to bigger discounts andbetter negotiating opportunities.
Cars are no different.
Every time a new model rolls out, the older ones take a hit in value.
Its like waiting for that designer outfit to hit the clearance rack.
More From GOBankingRates
Share This Article:
