Tesla is one of the few companies offering discounts on cars this holiday season.
There's a tried and tested car buying philosophy that says that waiting to purchase a car later in the month or at the end of the year, can result in a buyer getting the best deal as dealerships scramble to hit target sales numbers.
"The week between Christmas and New Years's Day has historically been the top selling week with luxury buyers cashing in on seasonal deals and truck buyers racing to complete new vehicle purchases for tax purposes," Tyson Jominy, Vice President of Data and Analytics at J.D. Power told"However, this year do not expect as many deals as in years prior.
"Modest offers are starting to appear in the market, primarily in the form of APR deals, such as 2.49 percent for 60 months. For the most part these offers are much worse than we would see at this time of year. In the past, it would not be uncommon for a zero-percent/72-month offer to be the deal at this time of year," Jominy said., Jominy recommended, citing the $3,750 no-strings-attached incentive offered on Model Y and Model 3 vehicles this month.
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