Car prices aren’t set in stone. When you buy can impact what you pay, which is why so many people look for the best time to buy a car.
Dealerships work around deadlines, like monthly, quarterly, and yearly goals. As those approach, there’s extra pressure to sell, leading to better pricing and more room to negotiate.
Inventory plays a role, too. When new models arrive, older ones need to move, and that’s when you’ll find some of the best deals.
Demand matters just as much. Busy seasons like spring and summer bring more buyers, which can make prices firmer, while slower seasons tend to give you more leverage.
On top of that, financing offers can change throughout the year, adding another layer to your total cost.
All of this is why seasonal car buying tips can help you save more without overthinking the process.
The time of year can shift everything from inventory to how willing a dealership is to negotiate. If you’re trying to figure out the best time to buy a car, it helps to see how each season plays out.
Fall sets up some of the best opportunities.
— Dealerships clearing out current-year models
— New inventory arriving
— More motivation to negotiate than in the summer
This season gets overlooked, but it’s a strong middle ground between price and selection.
Winter is where the real deals show up. Sales slow down after the holidays, but dealerships still have goals to hit, particularly in December.
— Fewer buyers = more negotiating power
— Year-end incentives and clearance pricing
— Smaller selection, depending on inventory
For a lot of shoppers, this is the best time of year to buy a car, especially if saving money is the priority.
Spring brings new inventory and more people back into the market.
— More selection as new models arrive
— Higher demand can mean firmer pricing
—Less urgency from dealerships
If you care more about having options, this can be a good time, but it’s usually not the cheapest.
Summer is one of the most popular times to buy, which can work against you on price.
— Holiday sales (Memorial Day, July 4th, Labor Day)
— High demand = less room to negotiate
— Convenient timing for many buyers
You’ll see promotions, but they’re not always the lowest prices. Timing still matters more than the holiday itself.
Used cars follow a slightly different rhythm, but the same seasonal car buying tips still apply if you’re trying to save.
In general, late fall and winter tend to be the best time to buy a car if you’re shopping used. Demand slows down, meaning better pricing and more room to negotiate.
Inventory also plays a role. When new model-year vehicles arrive, more people trade in their current cars. That increase in supply can create more options (and sometimes better deals) on the used side.
Spring can shift things the other way. Tax season brings more buyers into the market, pushing prices up.
In Colorado, seasonality can impact specific vehicles, too. As winter gets closer, demand for AWD and 4WD used cars tends to rise, making them more expensive during that window.
Overall, the best time of year to buy a used car is when demand is lower and inventory is higher, most often later in the year, when fewer people are shopping.
Timing helps, but it’s only part of the equation. The way you prepare can make just as big a difference, no matter when you decide to buy.
Before browsing, know what you’re comfortable spending. Focus on the total cost, not just the monthly payment. A lower monthly payment can still mean paying more over time.
This is one of the easiest ways to stay in control. Getting pre-approved helps you understand your budget and gives you more confidence when negotiating.
Interest rate, loan term, and fees all add up. Two deals can look alike on the surface, but cost different amounts over time.
Dealerships and manufacturers offer promotions throughout the year. Stack those with good timing, and you can save even more.
Trade-in values can shift depending on demand. If your vehicle is in good shape and in demand, you might have more leverage than you think.
When you’re at the dealership, just ask for Red Rocks Credit Union by name during your car purchase. That’s it. You’ll earn $1002 for doing something already on your to-do list.
Once you've nailed the timing and found the right vehicle, how you finance it matters just as much as when you buy.
Red Rocks Credit Union auto loans cover new and used vehicles, RVs, motorcycles, and recreational and off-road vehicles. Check out our current rates and apply in less than 5 minutes, it's one of the easiest pieces of the car-buying process to check off the list. At the car dealership? Ask for Red Rocks Credit Union by name at the dealership, and we'll also send you $1002!
Refinancing is worth a look, especially if rates have dropped since you bought or your credit has improved. When you refinance your auto loan to Red Rocks Credit Union from another lender, you can:
— Lower your rate by at least 1.00%, down to a floor of 4.00% APR1
— Get $1502 cash back (money in your pocket just for switching!)
— Take a 90-day payment vacation3 and have no payments for up to three months
— Customize your terms to fit your current budget
Refinancing is available for vehicles up to 10 years old.
Red Rocks Credit Union members also get 50% off a CarFax report when financing a used vehicle with us, so you can check the vehicle history before you commit. Peace of mind included.
Car buying in Colorado comes with a handful of extra factors, mostly driven by weather and terrain.
As winter approaches, demand for AWD and 4WD vehicles goes up fast. If you wait until snow is in the forecast, prices and competition usually follow. Shopping earlier can give you better options and room to negotiate.
Seasonal needs shift, too. Summer leans toward road trips and fuel efficiency, while winter is all about traction and reliability.
The main takeaway: timing your purchase around Colorado’s seasons can help you avoid paying more when demand spikes
Before you visit a dealership, explore your auto loan options at Red Rocks Credit Union, so you know exactly what you're working with.