As the end of 2012 is approaching, car dealerships across the country will be needing to get rid of their units to arrange for the 2013 arrivals. Car dealerships do not want to carry their vehicles onto the next financial year’s paperwork and inventory and will be looking to make great bargain deals on their units to customers. It is important to realize however that just because they are eager to sell the cars, you should jump at the chance without asking questions.

 When looking at purchasing your car towards the end of the year, customers should carefully analyze which auto they want to purchase, and know which model and options they want to choose from. Dealerships will have limited stock of their year end models in some cases, and that black Honda Civic with almost all your wanted options might be available, but by waiting a few weeks into 2013, you might find that Honda Civic will “all” the options you wanted. By jumping early at the possible bargains, you might find yourself cheated and thinking that you should have waited a few weeks.

 Ask the finance manager about any year end specials as well. Often times, financing specials are available through the dealerships financing sources and the banks are eager to close their books with additional loans as well. By seeking any additional promos, customers can gain lower APR rates, longer terms, additional rebates, and other discounts that normally may not have been made available during the year.

 A lot of times as well, the previous year’s model may be the best bargain versus the newest year’s model at the dealerships. Almost every manufacturer has loaded up vehicles with rebates, incentives and zero-percent financing to sell off the leftovers on their lots. But at the same time, it’s important to realize that by picking up the last year’s model, you are taking possession of a year old model and not a new car as the calendar goes into the next year.

 Between financial incentives by dealers and lenders along with a stock of cars that are on a dealerships lot towards the end of the year, it presents many different questions and opportunities to consumers when looking to purchase their next car. Customers can often save thousands of dollars on their next car, but at the same time might find that waiting for the next year will give them an opportunity to pick up the newest model in the few weeks ahead. In either circumstance, consumers should ask plenty of questions when they go to the dealerships  and do their research when they want to purchase their next car. With the major names like Honda, Lexus, Toyota, and others offering specials daily over the television and radio, the year end auto purchase has gotten more important than ever before and by doing your homework, you can score a great rebate, a great rate, and a great car in your driveway.