Do Dealerships REALLY Offer the Best Deals At The End Of The Year?

Posted by admin on December 5, 2011

People are always looking for a good deal when shopping for a car. And if your credit is not so good then of course you’re thinking that the year-end specials might be the best way for you to get auto financing.

As a former car salesperson I can tell you that

Yes – there are a lot of good deals on new (last years model, but still new) vehicles
No – this might not mean that you can get auto financing from a traditional lender if your credit isn’t so good

If you’re willing to take what the dealership has on the lot (last years remaining models, remember) and not complain that it doesn’t have some feature you really wanted then you can get some bargains for sure. And this can work in your favor if you have bad credit.

Why? Because of the major discounts offered the vehicles are being sold for much less, which makes that more attractive to a lender. The less they have to finance a credit challenged person, and the more reliable the vehicle being bought, the happier the bank.

If you’re looking to finance a vehicle but your credit score isn’t so hot then I recommend you look at getting pre-approved auto financing from a lender that says they specialize in bad credit. We have three that we recommend because they’ve been stellar all this year getting our readers financed time and again.

We also have several articles on our website written by my partner who used to sell cars at one of the major dealerships here in Phoenix. I encourage you to read those and then you will know how to get pre-approved auto financing, and how to gain the upper hand when car negotiating, making your car buying experience fun!

Let us help you get that new car that you need and want as a Christmas gift for yourself and your family. There are some great end-of-year deals to be had so get yourself pre-approved and go shopping!