When is the best time of year to buy a car?

When it comes time to buy a car, there are many factors to consider. You want to make sure you get a good deal and it's important to consider the timing when you buy a car.

If you play your cards right and follow these simple steps, you can get the deal you've always dreamed of. Hitting the lot at the right time of the year, talking to the seller at the right time, and planning ahead are essential to getting a good deal.

When is the best time to buy a car?

First, do your homework. Find the car that suits you best and pay special attention to the year and model you prefer. Once you've made that decision, keep these tips in mind when it's best to close a deal:

• In winter, when prices for previous years' models are more reasonable.

• Dealer traffic tends to slow down in the winter because people don't want to be outside.

• By the time winter hits, people will see updated body styles and they want these new models, which means older versions will sell for a lower price.

• At the end of the month, when the seller may be trying to "full their quota" for the sales period

• At the beginning of the week, when fewer people are interested in cars in the parking lot

• The end of the day, when the seller is more likely to offer you a deal to reach their goal for the day.