What is the Best Month to Buy a Honda? [2024]

Are you in the market for a new Honda? If so, you may be wondering when is the best time to make your purchase. While there are many factors to consider when buying a car, including personal finances and individual preferences, there are certain times of the year that can offer great deals and incentives. In this article, we will explore the best month to buy a Honda and provide you with expert advice to help you make an informed decision.

Quick Answer

The best month to buy a Honda is typically at the end of the calendar year, specifically in November and December. During this time, dealerships often offer special promotions and incentives to clear out their inventory before the new models arrive. These promotions can include low-interest loans, cash rebates, or discounted prices. Additionally, the arrival of a new model year can also be a good time to buy a Honda, as dealerships may offer discounts on existing inventory to make room for the new models.

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Quick Tips and Facts

The end of the year, particularly November and December, is a good time to purchase a Honda due to special promotions and incentives to clear out inventory before new models arrive.
The arrival of a new model year can also be a good time to buy a car, as dealerships may offer discounts on existing inventory to make room for new models.

The end of the month can be a good time to buy a car, as dealerships often have monthly sales targets to meet and may offer discounts or promotions to encourage car buyers.
Before a model gets redesigned or discontinued, it’s a good idea to look at the current model year for deeper discounts.

Background: When is the Best Time to Buy a Honda?

When it comes to buying a new Honda, timing can play a significant role in getting the best deal. Dealerships often have sales targets to meet, and they may offer discounts or promotions to encourage car buyers. By understanding the best times to buy, you can take advantage of these incentives and save money on your Honda purchase.

Now, let’s dive into the specific times when buying a Honda can be advantageous.

1. Buying a New Honda at the End of the Calendar Year

As mentioned earlier, the end of the calendar year, particularly November and December, is a great time to buy a Honda. During this period, dealerships are eager to clear out their current inventory to make room for the new models that will be arriving soon. To achieve this, they often offer special promotions and incentives to attract buyers.

These promotions can include low-interest loans, cash rebates, or discounted prices. By taking advantage of these year-end deals, you can save a significant amount of money on your new Honda purchase.

2. When a New Model Year is Introduced

Another opportune time to buy a Honda is when a new model year is introduced. When the latest models arrive at dealerships, they need to make space for them by selling their existing inventory. To incentivize buyers, dealerships may offer discounts on the previous model year’s vehicles.

For example, if the 2024 Honda models are introduced in September or October 2023, you can expect to find attractive deals on the 2023 Honda models during that time. These discounts can make buying a Honda more affordable and allow you to get a newer model at a lower price.

3. Best Day of the Week to Buy a New Car

While the specific day of the week may not have a significant impact on the price of a Honda, it’s worth considering the best day to visit a dealership for a smoother buying experience. Typically, weekdays are less busy than weekends, which means you may receive more attention from the sales staff and have a better chance of negotiating a favorable deal.

Mondays and Tuesdays are generally quieter at dealerships, as many people are busy with work and other commitments. By visiting the dealership on these days, you can avoid the weekend rush and potentially secure a better deal on your new Honda.

4. When the End of the Month Rolls Around

The end of the month can be an advantageous time to buy a Honda. Dealerships often have monthly sales targets to meet, and as the end of the month approaches, they may be more willing to negotiate and offer discounts to achieve their goals.

If a dealership is close to reaching its sales target, they may be more motivated to make a deal with you. By timing your purchase towards the end of the month, you can take advantage of this situation and potentially secure a better price on your new Honda.

5. Before a Model Gets Redesigned or Discontinued

When a Honda model is due for a redesign or discontinuation, dealerships may offer deeper discounts on the current model year to clear out their inventory. This can be an excellent opportunity to get a great deal on a Honda.

By purchasing the current model year before the new design is released or the model is discontinued, you can enjoy significant savings. Keep an eye on announcements and rumors about upcoming redesigns or discontinuations to plan your purchase accordingly.

6. Three-Day Weekends and Special Holidays

Throughout the year, dealerships often have special promotions and discounts during three-day holiday weekends such as Presidents’ Day, Memorial Day, 4th of July, and Labor Day. These holidays provide an opportunity for dealerships to attract buyers with exclusive deals and incentives.

If you’re in the market for a Honda and a holiday weekend is approaching, it’s worth checking out the promotions offered by dealerships. You may find special financing options, cash rebates, or discounted prices during these periods.

FAQ

What month is best to buy a Honda?

The best month to buy a Honda is typically at the end of the calendar year, specifically in November and December. During this time, dealerships offer special promotions and incentives to clear out their inventory before the new models arrive.

What is the cheapest month to buy a car?

The cheapest month to buy a car can vary depending on various factors, including the make and model of the car and the dealership’s sales targets. However, in general, the end of the calendar year, particularly November and December, tends to offer the best deals due to year-end promotions and incentives.

What month is best to buy a car cheap?

To buy a car cheap, it’s advisable to consider the end of the calendar year, particularly November and December. During this time, dealerships often offer special promotions and incentives to clear out their inventory before the new models arrive.

Is this a good time to buy a new car in 2023?

If you’re considering buying a new car in 2023, the end of the calendar year, particularly November and December, would be a good time to make your purchase. During this time, dealerships typically offer special promotions and incentives to clear out their inventory before the new models arrive.

Conclusion

When it comes to buying a Honda, timing can make a significant difference in the price you pay. The best month to buy a Honda is typically at the end of the calendar year, specifically in November and December. During this time, dealerships offer special promotions and incentives to clear out their inventory before the new models arrive.

Additionally, you can also find great deals when a new model year is introduced, at the end of the month, before a model gets redesigned or discontinued, and during three-day holiday weekends. By considering these factors and planning your purchase accordingly, you can save money and get the best deal on your new Honda.

Remember to check out the latest car lease deals on Car Leases™ for additional savings and promotions.

Reference Links

Brickell Honda – When is the Best Time Of Year To Buy a Car?