Looking to Buy a Great Used Car This Holiday Season? Auto Bank Can Help
The holidays are a time of giving and receiving, but few other times of year are cars bought and sold in such quantities. In 2010, December ranked the highest out of all the months that year when it came to car sales. Other than the last month of the year being the highest volume shopping month, there were numerous reasons why consumers flocked to car dealerships during this time. Citing incomparable sales, low-interest rates on loans and present requests -- buyers have continued to favor December as the month to buy their new cars.
But in the midst of the season, one of the more confusing things that can be added to the mix is the paperwork and hassle of purchasing a car -- especially for someone else. This December, if you’re looking to buy a used car for a loved one, or for yourself, turn to Auto Bank of Kansas City for all your car buying needs.
Reasons for Buying During the Season
December is also the best time, statistically, to buy a car. For as much as the everyday person sees December symbolically as the end of the year, businesses see this symbolically and financially. Statistically, it is more likely to see a drastic decrease in car prices during this month. The reason? Car lots and used car dealerships must make their annual sales goals for tax reasons and long-term profit goals. The end of the fourth tax quarter is also New Year’s Eve. This fact combined with the commercially-oriented season means that it is advantageous to sell at a lower rate.
The end of the year timing also allows car lots to sell off their vehicles that have been on their lot for a whole year. Holding on to stock for that long can be somewhat of an income loss for dealers, so new advertising and pre-existing knowledge about end-of-year car sales boost the sales rates for dealers, including stock that may or may not have sold well over the year. Proper used car dealerships want the customer to prosper as much as they want their business to thrive, so end-of-year deals are some of the best ways that car dealerships can give back to their customers while also providing for themselves.
In this way, if you’re thinking about buying a car for someone else, this can be the perfect time to save money and beat the crowds of 2019. Many car buyers start in January to view new models at their local dealership, but many dealerships will have both the latest models on a car that someone you love might be eyeing as well as their discounted, prior year models.
Lastly, if you live in a region where it snows, test driving during the winter is one of the better ways to test out the functionality of the vehicle in all weather conditions. This will save headaches in the future and will also ensure that you pick a car you or the person you are buying for will be able to handle throughout the year.
How Auto Bank Can Help You Buy a Car This Holiday Season
Even if you have an inkling in the back of your mind that it might be the right time to purchase a car, Auto Bank will be able to help you make a sound buying decision. Our selection of vehicles, including beloved classics and newer models are sure to please anyone, and we always rely on conversation and getting to know the customer to help them make a choice. Here are some of the ways we help our customers make the right purchase decision every time:
We chat with all our customers about their car needs.
Believe it or not, not all buying decisions are created equally. Purchasing a car for someone else requires different parameters than buying a car for yourself. As well as determining the type of car that the person will like, you will need their information to purchase the vehicle in their name. If it’s for a child, this is easily remedied, since you have legal authority over them and can put their name on the title of a car you purchase. However, if this is for a spouse or friend it can be hard to surprise them with a new car in the driveway on Christmas morning without spoiling the fun with paperwork. Regardless of who the purchase is for, we help you understand what kind of car you are looking for and what documentation you need to purchase a new car.
We work out financing options with you.
As a Buy Here Pay Here auto dealership, we understand that financing a new car can be hard, especially around the holidays. Many traditional dealerships expect you to go to the bank and take out a loan before you purchase with them, and since the loan process can take a series of weeks, this can really put a damper in the holiday spirit -- especially if you find out your loan request was not granted. In-house financing allows you to work out funding without having to jump through the hoops of traditional borrowing.
We can help you trade in an old car to finance another vehicle.
Whether you’re looking for new or “new-to-you,” our business runs on used cars. Therefore, one of the things we offer our customers is trade-in credit, which allows them to get rid of a vehicle without the hassle of selling it on craigslist and gives them credit toward a new one that they love.
This holiday season, consider a new car with Auto Bank of Kansas City. Even as a gift to yourself, taking advantage of end-of-year prices as well as the financing tools available to you through Auto Bank is a way to treat others as well as yourself. Stop by one of our locations in Kansas City. One of our lots is on 6901 East Front Street, and the other is on 2000 E. Truman Road. We are open 9am-6pm Monday through Saturday at both locations. To call ahead, or to reach out to us by email, please visit our contact page. Happy Holidays!