There’s plenty of advice on when to buy a car. Early in the week. Late in the month. End of the quarter. Avoid weekends.
General agreement points to spring as a bad time. It’s when we’re out and about. Maybe itching to spend a tax refund. Sales people are less inclined to wheel and deal in the springtime to meet quotas with a lot full of buyers.
But, sluggish winter sales might mark this spring as an exception.
Winter: A Convenient Foil
The East Coast saw almost constant storms with little letting up between January and March.
Businesses know it’s a little cliché to blame the weather for poor sales. It’s an easy scapegoat. But recent months didn’t see big gains in auto sales. Car lots want to move inventory.
Some auto industry analysts say this spring will continue winter’s aggressive trend of incentive-fueled battles for your dollar. That means more offers for low financing, rebates, discounts for paying with cash and special lease programs.
As we move through the first few weeks of spring, autos sales are beginning to pick up. Also, sales for April are reported to have hit their highest level for the month since 2006. Industry experts are pegging those sales to great interest rate offers.
They’re also saying that 2014 could be a great year for strong sales – with monthly tracking pointing to a 10% increase over last year’s auto sales figures.
When you’re buying, consider Truliant for your auto loan. We’ve got rates as low as 1.74%(1) and flexible terms. Plus we might even be able to help you find the next vehicle through ourCredit Union Auto Buying Service (CUABS).
This service is a non-traditional dealership that typically has between 175 and 200 cars live on its website. Our auto advisors can help you find the new or used auto of your choice, value your trade, get you approved for a loan and even deliver the vehicle to your home or office.
Our dealership is located at 4990 University Parkway Winston-Salem, N.C. 27106.
Truliant can give you a great auto loan. Take some stress out of buying a car. Finance your auto loan with Truliant.
Truliant is federally insured by the National Credit Union Administration. (1) Rates and promotional terms are subject to change. Loans are subject to credit approval. Floor rate on auto loans is 1.74 APR. Offers are not good on existing or re-fi¬nanced Truliant loans.