Latest Industry News

November 29, 2013

When is the Best Time to Purchase a Used Car?

Buying a used car is a significant purchase and everyone wants to get the best deal possible. However, there are a lot of varying opinions as to when is the best time to purchase a used car. Understanding the various factors that influence used car purchases can help you to determine when it the right time for you to make that used car purchase.


A lot of people shop for a used car on the weekends when they are off from work. This means that weekdays, especially days early in the week, are a great time to visit a used car lot. The lots are usually not as busy on weekdays as they are on weekends making for a more relaxed and less crowded shopping experience. Lot personnel are also generally able to provide faster service on weekdays due to the smaller crowds of customers.

When You Have a Large Down Payment

Having a large down payment will allow you to buy a more expensive car and / or allow you to have a lower car payment. This is why many people buy used cars at tax time. They use their tax refund as a down payment on a reliable used car to replace their existing one. If you are expecting to need to purchase a used car in the coming weeks or months, you should begin to save up a down payment to be ready to make that purchase of a used car.

When You Find What You Want

If you are like many people, you probably have a dream vehicle. Whether it is a sports car from a specific year or simply a four wheel drive truck that will allow you to haul you and your gear into the backwoods, there is probably a vehicle that you want to own. You should make a deal for the car of your dreams when you find the one that you want as you never know when you may find another one.

When You Need One

Though there are some things to look for when searching for a used car, by far the best time to buy a used car is when you need one. If you old car has died, you have few options but to get another one as soon as possible in order to get to work or school and to run errands. Though it would be great if you had a large down payment, there are options for financing if you do not. The good news is that Paaco is ready and willing year around to help you finance one of our affordable and reliable used cars, trucks and SUVs. Whenever you need to buy a vehicle, Paaco will have the one that you need and will work to help finance your purchase.

Back to top