End Of Year: Choose Discounted Cars Or Wait For Next Year's New Models?

The end of the year is an exciting time for potential car buyers. Car dealerships often offer attractive promotions, including significant discounts and extra bonuses, to clear their inventory. Meanwhile, the latest models set to be released next year start to entice buyers with advanced technology and features. So, which option is better: buying a car with a big discount at the end of the year or waiting for the new models?

Benefits of Buying a Discounted Car at Year-End

If you want the best price, the end of the year is the perfect time to buy a car. Dealers typically provide substantial discounts to sell off their vehicles. According to Kontan.co.id, some dealers are offering massive discounts at the end of 2024. For example, Low Multi-Purpose Vehicles (LMPVs) like the Toyota Avanza and Toyota Veloz can be discounted by up to Rp 27 million. The Xenia offers discounts of up to Rp 13 million, while the Suzuki Ertiga can have discounts reaching Rp 44 million. The Hyundai Stargazer also has discounts of up to Rp 20 million. These significant discounts are certainly appealing to buyers who have been eyeing their favorite cars.

Additionally, this is a great opportunity to negotiate the price, especially if the model you want has limited availability. Besides price, buying a car at year-end often comes with bonuses like extra accessories, free insurance, or service packages. For instance, some offers include free maintenance costs covering labor and parts for four years. All these factors add value to your purchase.

Another advantage is that the car is readily available. You won’t have to wait long since the units are already in stock or on display. For those who need a vehicle quickly, this is a significant benefit.

The best time to look for a car is at the end of the year, specifically in November and December. This allows you to make a purchase before 2024 ends, and there will still be available stock.

Reasons to Wait for Next Year's New Models

However, waiting until next year for the latest models is also worth considering. New cars often come with advanced technology, such as improved safety systems, the latest entertainment features, or better fuel efficiency. Additionally, new models tend to have a higher resale value. If you plan to sell the car later, a newer production year can attract more buyers. In terms of design, new models usually have a fresher and more modern look. If aesthetics are important to you, waiting for the latest model could be a good choice.

Things to Consider Before Deciding

Before making a decision, there are several factors to think about. First, what are your current needs? If you need a car right away, year-end discounts are a great opportunity. However, if you can wait, it might be worth seeing what the new models offer next year. Your budget is also crucial. If you want to save money, year-end discounts could be the perfect solution. But if the latest features and technology are more important to you, waiting might be the better option. Consider how you plan to use the vehicle. Will it be for a long time or just a few years? If it's for the long term, the advanced features of new models could provide greater benefits.

Lastly, think about depreciation. Cars bought at the end of the year often lose value faster than those purchased at the beginning of the year.

Ultimately, whether to buy a car at the end of the year with significant discounts or to wait for the new models next year is a decision that should not be made lightly.

Tag: Choose Discounted Cars Toyota Avanza Toyota Veloz