When to buy your used car for less?

This page is translated from the original post "Quand acheter sa voiture d’occasion moins chère ?" in French.

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Are you looking for a used car without breaking the bank? Don’t rush… or rather, choose your timing wisely!

And by a happy twist of fate, summer might just be the best time to snag a good deal on a used car. According to a study by the specialized platform carVertical, the months of May and June are among the quietest on the used car market. In June, only 7.6% of vehicle checks were conducted on their site, compared to 9.3% in October. Fewer active buyers = more choice and negotiating power for you.

Why this lull in summer? Simply because many people prefer to enjoy the nice weather to travel rather than search for a new car. As a result, sellers, both private individuals and professionals, are often more inclined to offer discounts to clear their stocks, especially on older models. So, it’s a great opportunity if you’re ready to buy without stress.

Used Cars Make the Best Deals

Autumn, on the other hand, is more competitive. Many buyers anticipate winter and rush to the listings, which tends to drive prices up. The same goes for the end of the year, although this period can also bring pleasant surprises: to meet their goals, dealerships are not hesitant to offer attractive promotions on unsold vehicles.

And on the corporate side, the end of the fiscal year often triggers a wave of fleet renewals, thus freeing up many well-maintained vehicles on the market.

But be careful: no matter the season, purchasing a used vehicle should remain a thoughtful act. Always remember to check the vehicle’s history, a service offered by carVertical, take a test drive, and request a full inspection. Better safe than sorry!

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