Why December may be the best month to buy a new car - WFLA News Channel 8

Why December may be the best month to buy a new car

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If you're thinking about buying a new car, the best day to buy is just days away.

According to Truecar.com, the best day of the year to buy a car is December 29th. The online comparative car pricing web site says buyers should expect to see an average discount of 8.2% off manufacturers suggested retail price.

The holidays are a typical time of year when dealerships are trying to clear out inventory of old model year vehicles as automakers push new models off the assembly lines and into showrooms.

Sales of new cars in December are expected to be up 10%, according to True Car. Chrysler, Ford and GM are expected to see the biggest growth compared to last month. Year over year numbers point towards Honda, Hyundai/Kia and Volkswagen to top the list.

Dealers are hoping to see continued growth in the new car sales circuit as many consumers have opted to hold onto their existing vehicles over the uncertainty of the nation's economy .

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