The best time to buy a new car at a good price.

Spending a relatively large sum of money to buy a car is not a spur-of-the-moment decision. Therefore, buyers should not rush into it but need to carefully consider their options to make the smartest investment in their personal asset.

Buy a car when the manufacturer launches a new model.

If you've found a car model you like but are concerned about finances, you can wait until the manufacturer is about to launch a new product.

Typically, when a new model or series is about to be released, some automakers tend to lower the price of the older version. This can be simply explained by the fact that the manufacturer needs to boost sales of the previous model to create momentum for the launch of the new model, thereby boosting sales of the "newcomer".

To know when a car manufacturer is about to launch a new model, customers need to regularly check the official websites of their favorite car brands or reputable automotive news websites.

Buying a car at the end of the year

Not just the automotive market, the end of the year is a sensitive time for all business sectors. Consumers tend to shop, renovate their homes, and have accumulated income to invest in major personal assets. Car manufacturers seize this opportunity and launch promotional programs to compete with each other and capture customers.

Therefore, if you decide to buy a car at this time, customers are usually the ones who benefit the most with many options and attractive offers.

Sometimes you can buy a new car at a great price just by choosing the right time. Photo: VinFast

In addition, owning a car at the end of the year is also an option that families should consider. A vehicle for long trips, visiting relatives during Tet (Lunar New Year) or other holidays throughout the year would be a perfect idea to relax and bond with family members after busy days at work.

Buying a car after the Lunar New Year

The period after Tet (Lunar New Year) is a busy time for people and families preparing for spring outings and temple visits. Meanwhile, car manufacturers want to heat up the market and boost sales for the new year. Therefore, car dealerships often offer significant discounts to increase sales. At this time, consumers who choose to buy a car can save money and have many opportunities to win lucky prizes in early-year raffles.

Furthermore, the Lunar New Year is also the most auspicious time of the year, marking the beginning of 12 months of good fortune and a fulfilling life. Buying another car is like having a companion, bringing excitement, good luck, and motivation for the owner to continue striving for success in their career and life.

Buy a car during the holidays throughout the year.

To keep up with trends in the retail and service industries and meet consumer demand, car manufacturers and dealerships often offer promotions and discounts during holidays throughout the year. Some holidays are leveraged for customer attraction campaigns, such as International Women's Day (March 8th) for female customers, National Day (September 2nd), Liberation Day, International Labor Day, and the car manufacturer's anniversary. More recently, there's also the characteristic Black Friday promotion in e-commerce.

Buying a car during the "Ngâu" month (a traditional Vietnamese lunar month)

According to traditional beliefs, people often avoid undertaking important tasks during the seventh lunar month. Some commonly avoided activities include buying a house, buying a car, building a house, and getting married.

However, modern life continues as usual throughout the year. When choosing to buy a car during this time, car manufacturers often offer more special sales policies than in other months. Therefore, buying the same car at a discounted price is a great deal when investing in personal assets.