When it comes to buying a car, timing is a crucial factor that consumers consider before heading to the dealership.
A new study by iSeeCars, an online automotive search website, has identified the best and worst times of the year to find deals on used cars. The study analyzed over 39 million used car sales between 2023 and 2024, calculating the chances of finding a deal on various days and months of the year compared to the annual average of 33%.
The best times for consumers to purchase used cars were determined by evaluating which holidays and months offer the most bargains based on the average percentage of deals throughout the year.
The study found that the worst times to buy used cars begin in April, with fewer deals available. The scarcity of bargains continues through June, the worst month for used car deals, with over 30% fewer deals than the average. Holidays falling within these months also offer fewer deals than average, with Father’s Day having 33% fewer deals and being the worst time of year for used car shoppers. Other difficult times to find deals include the Fourth of July, Memorial Day, and Mother’s Day.
10 Best Times to Buy a Used Car
- New Year’s Eve and New Year’s Day
- Martin Luther King Day
- January
- Presidents’ Day
- Christmas Eve
- December
- February
- Thanksgiving/Black Friday
- Veterans Day
- November
10 Worst Times to Buy a Used Car
- Father’s Day
- Fourth of July
- June
- Juneteenth
- Memorial Day
- May
- Mother’s Day
- July
- April
- August
The study also revealed that January is the best month to buy a used car, while June is the worst. The trend improves from July through the end of the year.
Want to win a $25 Amazon gift card?
To enter, simply follow us on Facebook, Instagram, Threads, or X between now and Tuesday, December 24th. (Psst… You can enter up to 4x by following us on all four! But sorry, U.S. residents only.)
(Image credit: iStock)
St. Pete-Clearwater Sun 
Leave a comment