Summertime Savings: Commercial Carpet and Cars
It’s been a sizzlin’ summer for car sales across the nation, and much of it was fueled by hotter-than-usual discounts. The deals have been so hot, in fact, they have made this the best July for the industry since 2006 according to Autodata Corp. We love to help you find a great deal on not only commercial carpet, but in all areas of your life. Let’s take a quick look at why summer is a great time to get a great deal on a new or used car.
Out with the Old, In with the New
Since auto manufacturers roll out new-model-year vehicles in late summer and fall, buyers can typically get a better deal on the old merchandise as dealerships need to make room for the new models. Analysts have found anywhere from 6 to 10 percent discounts below the sticker price on several models this summer. If the new model of any make of vehicle is going to be drastically restyled, you can expect to get a pretty big discount. Due to limited inventory, you may not find the vehicle with the exact features you were looking for, but if you’re willing to be a bit flexible it will most likely be rewarded with a great deal. Often, dealers will discount lingering vehicles even further to move them out faster.
Model and Manufacturer Matters
Typically, August is a great month to find deals on coupes, wagons and sport utility vehicles. However, if your heart is set on a convertible, you will get a better deal if you purchase in the winter. The manufacturer also makes a difference. This summer, Ford, Toyota, Volkswagen and Hyundai offered the most generous incentives, so you are bound to get a higher percentage off the sticker price if you shop those lots. Recently, Toyota was offering zero-percent financing on a five-year loan and $1,000 cash back on the Camry sedan. According to Edmunds.com, 13.5 percent of new car loans in July had zero-percent financing.
Interestingly, previously owned vehicles are not showing the same trend for great prices. The National Automobile Dealers Association (NADA) reports that used-car transactions were 2.8 percent higher this year than the previous year. Perhaps with the influx of used cars traded in for brand-new models, the supply and demand will adjust enough to make a bigger difference. Until then, be sure to shop around when looking for a used car, because prices can differ by more than 15 percent from one location to another according to CarGurus.
How to Use This Information
Take advantage of this summer’s hotter-than-usual manufacturer incentives and the pressure to move old inventory off the car lots to make room for the new models. You might even save enough to purchase name-brand commercial carpet at incredible savings from us. Give us a call at 303-300-9555 or contact us online to let us know how we can help!
What kind of car are you looking for?