iSeeCars found that the Fourth of July is the holiday with the least amount of car deals. Here are the worst holidays to buy a car based on the number of available car deals:
5 Worst Holidays to Buy a Used Car – iSeeCars Study | ||
Rank | Time of Year | % Fewer Deals than Average |
1 | July 4th | 18.6% |
2 | Father’s Day | 15.5% |
3 | Memorial Day | 14.7% |
4 | Mother’s Day | 10.9% |
5 | Halloween | 4.0% |
The Fourth of July is the holiday with the least amount of used car deals, with 18.6 percent fewer deals than average. The holidays that are in closest proximity to the Fourth of July, Father’s Day and Memorial Day, are also among the worst holidays to make a used car purchase. “These holidays occur in the late spring and summer months, which prove to be among the worst times to find a deal.” said Brauer. “This is the typical time of the year when dealers see higher demand as weather gets nicer, and there is less of a need to drive sales through lower pricing.”