The end of the year is often considered the best time to buy your new car. Dealerships often offer discounts and bonuses on cars to sell a few more vehicles giving them the opportunity to achieve their sales targets.
The best time if year to buy your new car depends on the model of car you want. During the plate clearance sales, dealers typically discount the current year plated vehicles, 2022 built, to make way for new stock on their showroom floors.
Here are our five tips to prepare for the 2022 plate clearance sales:
Tip One: Start Early
Congratulations! By reading this article, you’re on the right track to successfully navigating the plate clearance sales.
Start researching what car you want early. There are many makes and models available today with many brands offering competing models. Define exactly what you need and want in a car.
For example, those that stay to inner city driving would be better suited to a smaller car and might even want to consider an electric car.
In contrast, a family that does a lot of driving to various activities would be better suited to a larger SUV that can accommodate for this.
Tip Two: Talk to your Dealer
Once you’ve identified the car you want, visit your local dealership, and see if its available. There are longer wait times on vehicles currently, so finding a deal on a car that’s in-stock and available will be more challenging.
Remunerator also offer a free car procurement service where we can source exclusive pricing on new vehicles from dealerships. After 30 years of business, we’ve grown a dealership network across Australia that provides discounted quotes on cars and access to stock not available to the public.
Talk to our novated leasing specialists today to find your dream car today.
Tip Three: Test Drive Your New Car
It’s always advised to try before you buy! It’s important to see the car you chose on actually fits your lifestyle and meets your needs.
Go about your usual day with the car, whether that be your daily office commute or dropping the kids off to school.
Visit your local dealership and book in a test drive with your desired car as soon as possible to ensure you get your desired appointment time.
Tip Four: Be Prepared to Compromise
Dealers will only be able to offer deals on the vehicles they have readily available.
Be prepared to compromise on certain features and willing to forgo options that aren’t 100% necessary, this will ensure you get the best possible deal.
If you want a black car, and the dealer is only willing to do a deal on a grey model, assess if you are willing to compromise on the colour to secure the deal.
Tip Five: Save More With a Novated Lease
Many car buyers wait for the plate clearance sales to save on their new car purchase.
You don’t need to wait for the plate clearance sales to save on your new or used vehicle purchase! A novated lease is the most tax effective way to drive your car as it allows you to pay for your new car and it’s running costs using your pre-tax salary.
To learn more about novated leasing and to calculate how much you will save on your new car, visit here.