Tips for Buying a Car at the End of the Model Year

Tips for Buying a Car at the End of the Model Year
in Gainesville, FL

Are you in the market for a new vehicle? Well, we have some tips for you. While you probably already know at least some of the benefits of buying a new car, were you aware there are strategies to help you save more on your new Lincoln? One in particular is choosing to buy the 2020 model when the 2021 model has been released already. By purchasing an end-of-year model, you can save on your new vehicle, as it's typically priced to make room for the newer models. Keep reading to learn more tips on purchasing a new car.

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Look for Manufacturer Sales Events

While it is true that purchasing your new Lincoln at the end of the year will help you save, it's also true that manufacturer incentives or sales events are also big at the end of the year. These events usually drop during the holiday season, so be on the lookout for even bigger savings.

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Wait for the New Model Year to Drop

If you can be patient, wait for the new model year to hit the lot before signing the paperwork on the current model year. While waiting, you can shop around and pick your favorite Lincoln. New models are released throughout the year, rather than all at once, so once you see your dealer stocking new models, stop by to grab the car you want.

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Be Sure to Price Shop

Knowledge means power, especially when it comes to negotiating prices while shopping. Compare prices for a variety of trims and from other dealerships. When you sit down in our finance center, you can bring a quote from another store to help you secure the price you've had your eye on.

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Research Available Incentives

Similar to researching manufacturer incentives, be sure to look at our dealer-specific sales events and offers to lower your final price even more. From special bonus cash offers, 0% financing or even $0-down leases, we have a variety of offers to help you save on your new Lincoln. Save our new vehicle specials in your browser so you can remember to check back frequently.

If you're interested in learning more about the benefits of purchasing a new vehicle from the previous model year, feel free to contact us directly or stop by Parks Lincoln of Gainesville at 3333 North Main St., Gainesville, FL 32609. We look forward to serving our customers near Alachua, Starke, Ocala and Lake City.