How To Get A Discount On A New Car Easy in 2022
This year, a new car will average $35,142. By 2022 it will cost about $40,000 – a big jump. But if you play your cards right – and learn some inside information – you could get a discount of up to 30%.
Why Is The Average Car Price Increasing?
The price of a new car is increasing for several reasons. The main driver is that people want bigger and better cars. Whether it’s because they want to be more comfortable in their commute, or simply to show off, the average size of a vehicle has increased since 2013 by almost 4%.
But this isn’t the only reason. We are currently in a period of inflation where all goods and services are increasing in cost slowly but surely. Couple this with the fact that cars are becoming loaded with more and more technology, and it’s no surprise that car prices are increasing.
This dependency on tech is also a big factor in why the prices are going up. During the 2020 and 2021 pandemics, most supply chains were heavily disrupted. One of the biggest issues this caused is the chip shortage that has been plaguing the industry for over a year now.
Most manufacturers can’t get enough microchips for their cars and because of this, they prioritize their more expensive models where their commission is bigger per car. This leaves people without deep pockets at a huge disadvantage since most of them can’t afford the increasingly expensive cars.
How Can You Get These Big Discounts?
There are some big discounts you can get if you know where to look. Most people don’t think about the fact that dealerships make more money on used cars than new ones. This is because they generally spend less money on refurbishing them and this means higher profits for them when they resell the car.
That’s why many automakers sell their new cars at heavy discounts of up to 30% on the dealership lot. It might be worth it to wait until 2022 to buy your next car, or you could buy it one year early and get the warranty for an extra two years.
This is why some people are actually getting 2020 model-year vehicles now which have warranties that do not expire until 2022. Most people don’t know that this is possible, so they often go for the cheaper option of buying a 2018 car.
How To Purchase One Of These Older Cars?
The first thing you have to do if you want one of these 2020 model-year cars is to buy it from someone who just got rid of their 2021 model. This is where the internet comes in handy since there are all kinds of online options you can use to buy a car from someone who recently bought it.
Once you have found someone, they will usually send you the details of their purchase via email so you know what they paid for it and how many kilometers they drove it before getting rid of it. The next step is to go and see them in person so you can check the car out and test drive it, just like any other purchase.
If everything checks out and you want to buy it then all that’s left for you to do is transfer the ownership into your name which shouldn’t be a problem since there are no current liens on the vehicle.
You could have this done within an hour if you are lucky, or it might take up to a day depending on how busy your local DMV office is. Once everything is sorted out, you can drive off into the sunset with your new 2020 model-year car and show everyone that you beat the system.
Now I know you’re probably thinking that this all sounds a bit too good to be true. Well, it isn’t.
You can go on Google and easily find stories of people who have done this successfully throughout the years. While there are no guarantees in life, most dealerships will only give you one shot at this – so if they turn you down then you might not be able to get another dealership to do the same thing since they will know what happened.
There is also a chance that the 2020 model-year cars have been discontinued which means there are no more available from dealerships. This, of course, depends on your local market and how popular these older models still are.
These older models are very popular with people who can’t afford to buy during the prime car-buying years of their lives. This is why they will often wait until everyone else has bought their 2020 model-year cars, then they go and get theirs in 2021.