Thinking about getting a new set of wheels? Timing your purchase right could save you a serious chunk of cash.
Looking for a used car? Check out Regit's best used car deals
The cheapest time to buy a car depends on a few factors—what you’re buying, how old it is, and the time of year. According to the AA, spring is often a great time to score a deal on a new car, as dealerships look to refresh their stock after winter.
But what about used cars?
The Best Months to Buy a Used Car
If you're after a nearly-new model, March and September are the sweet spots. That’s when new number plates come in, leading to a flood of trade-ins—more stock means better deals for buyers like you.
You can also find discounts in February and August when dealerships make room for new arrivals ahead of plate changes.
If you're working with a tighter budget, timing still matters. Car dealers want to hit their quarterly targets, so the end of March, June, September, and December could be your best shot at negotiating a lower price.
How the Seasons Affect Used Car Prices
Timing your purchase around seasonal trends could also help you bag a bargain.
- Winter deals: Convertibles, sports cars, and campervans tend to be cheaper in colder months when demand is low.
- SUV surge: 4x4s and all-wheel drives are pricier in winter when icy roads make them more desirable.
- Family car discounts: January and summer holidays can be quieter periods for dealerships, as families focus on other expenses—meaning lower prices for you.
Pro Tips for Getting the Best Price
- Plan ahead: The average car buyer takes three months to decide—use that time wisely to research the best options.
- Look beyond the sticker price: Dealers make money on finance deals, so if you’re open to financing, you might get a better upfront discount.
- Know dealer margins: On average, dealerships aim to make about £1,000 profit per used car—keep that in mind when negotiating.
- Shop mid-week: Weekends are busy, but visiting a dealership on a quiet weekday can get you better service and a more flexible deal.
Are Used Car Prices Dropping in the UK?
After the COVID-19 spike sent prices soaring, the market is finally cooling down. In December 2024 alone, used car prices fell by 4.1%. While prices are still higher than pre-pandemic levels, they’re trending downward—meaning now could be a good time to buy.
So, whether you’re after a bargain hatchback or a nearly-new SUV, understanding when to buy could save you hundreds (or even thousands). Time it right, and you’ll be cruising off with a great deal.
Looking for a used car? Check out Regit's best deals
