It does not matter whether you’re looking at a conventional loan or a bad credit car loan because the upcoming Memorial Day weekend is one of the best times of the year to buy a car.
Timing is everything
Most of us here at Auto Credit Express have been in the car business for at least two decades. We know that there are a lot of things to consider when you buy a car. But when we put ourselves in the shoes of the average car buyer and knowing as we do what goes on in a dealership throughout the month, the unofficial first weekend of summer has its advantages for car shoppers.
If you have bad credit, you’ll want to get a jump on this weekend’s festivities by filling out our car loans with bad credit online application. By avoiding a tote the note dealer and qualifying for a second chance auto loan at one of our affiliate dealers you’ll not only reestablish auto credit, you will actually raise your credit scores at the same time.
Timing is everything
The thing that many people don’t realize is that car dealers divide the year up into monthly segments. This is due, in large part, to the manufacturer’s themselves. Their sales are reported on a monthly basis and most of the new car incentive programs are also based on 30 day increments. And lest you think that these incentives only apply to new vehicles, you need to remember that the captive finance companies are also able to incentivize used vehicles that fall into the certified vehicle programs for retail as well as lease transactions.
In addition to these finance programs, most dealers have sales targets for new vehicles. Hitting these targets, in many instances, will result in per-vehicle spiffs (additional profit in the form of dealer cash) for each additional vehicle sold. These spiffs can also be retroactive; allowing the dealer to collect additional money for each vehicle previously sold that month. With these kinds of incentives, you can see why dealers are anxious to make deals in the closing days of the month and, for our affiliate dealers, it really doesn’t matter if you have good or bad credit, since they specialize in auto loans for bad credit.
Why the weekend month-ending holidays are the best
Holiday weekends are a great time for auto dealers. Three day holidays are even better. Car shoppers are more relaxed, since three days are better than two. Salespeople know that the number of shoppers (called floor traffic) is going to be good so they, too, are in a good mood. Throw in the end of the month, and it’s like the planets are all in alignment (being from the Aquarian generation, we couldn’t help that last remark).
Another hint – dealers can always look forward to Memorial Day because it always falls on a weekend. It’s also the unofficial beginning of the summer season, so most people are looking forward to driving in warm weather.
The Bottom Line
Take advantage of Memorial Day this year. If you’re thinking about trading in for a more fuel-efficient vehicle, this might just be the perfect time.
Speaking of perfect, if you have credit that is less than perfect, visit us at www.autocreditexpress.com. We specialize in helping people with bad credit find a dealer that can get them financed. We have helped thousands of people with bad, blemished, bruised and tarnished credit buy cars and reestablish their auto credit at the same time. Our nationwide network of affiliate dealers specializes in bad credit car loans.
So why not begin the process right now by filling out our secure online bad credit car loan application to see what we can do for you.
