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7:50AM | posted by Shelley Ng | December 8, 2010 | comments: 0

It's Your Money: Year-End Car Buying

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With dealers eager to move unsold inventory before the new model year. the end of the year, as in right now, is often the best time to buy a new car. but there are some secrets to doing it right. financial expert AnnaMaria Andriotis from SmartMoney.com will be here with tips.

• Know Your Car Models Age
After a model sits for 60 days, most dealers will cut the price by 7%

• Find The Latest Inventory Data
Best deals are at dealerships with the most inventory of a specific model

• Be Patient
Dealers don't want the newer cars |to compete with the older, cheaper ones

For more year-end car buying tips, visit SmartMoney.com

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