The Best Time to Buy a Used Car in Michigan: A Savvy Shopper's Guide

Alright, let’s talk about the best time to buy a used car. We know you are a savvy shopper since you’re browsing the Pontiac Auction inventory. Who doesn’t want to save money and retain quality? ✊

They say timing is everything. We aren’t sure who they is, but it feels like everybody. A frequently asked questions is, "When is the best time to buy a car?"

At Pontiac Auto Auction, the answer is ANY TIME! 🥳 But seriously. Let’s explore the best times to buy a used car to maximize your savings.

End of the Month and Quarter

A well-known strategy for scoring a great deal on a used car is to shop at the end of the month or the end of a fiscal quarter (March, June, September, and December). A common rule used by dealers is that if the car hasn’t sold within 60 or 90 days, it’s sent to the auction.

Yay for us and you because auto auctions aren’t just for junk and parts. You can find hardworking cars in great condition, as well as the occasional classic.

Understanding that timing can help you know when to check the inventory at Public Auto. Auction lots work different from dealers. I mean, cars are so cheap and bidding can get so competitive that cars with a lot going for them don’t stay here for long. 🚗

A car that is not running and needs a lot of work may still sell just as fast as cars in great condition, because of the parts. 💨

Here are 10 great reasons why you should buy used in Texas

Seasonal Changes

No, we don’t mean when the weather changes the deals appear. Wait, we do, actually. 😅 We mean seasonally. Don’t check immediately when it starts snowing.

The “slow months”. You know, fewer people in the market for a used car. Expect prices and the volume of bids to drop in the fall and beginning of winter.

Michigan dealerships usually want to clear out older inventory before the end of the year  (October, November, and December), creating opportunities for you to snag a better deal at auction on a newer model or recently fixed car. (Did you know you can perform basic repairs yourself?)

Spring will typically see a significant increase in the prices of convertibles, road trip-friendly vehicles, and other summer-appropriate cars.

Similarly, acquiring an all-wheel-drive vehicle during the summer is a smart choice since demand, and more importantly, prices, peak during winter.

Auto auctions, like us in Pontiac, break these rules sometimes, depending on inventory, since prices are so low at auctions and there is a constant demand for cars at those prices. It can get fierce out there in the bidding world. 🥊

Speaking of inventory, trucks are beloved, but can be pricey. Here is an overview of older budget-friendly trucks with good gas mileage.

Holiday Sales Events

Labor Day, Memorial Day, Black Friday, other major holidays and year-end clearance sales often bring substantial discounts and promotions on used cars. 🤑

Dealers use these events to attract customers and move inventory, making it an ideal time to hunt for bargains, as you can bet some of that inventory will go to auctions.

In addition to those traditional sale dates, a great holiday to look at is the new year. As the year draws to a close, lots make one last push to meet annual sales goals. This can lead to fresh inventory and excellent deals.

Buy Before and After New Number Plates Come Out

Purchasing a car just before or after the new number plate registrations become available can be a smart move. Why? Because many individuals hold off on their purchases to obtain a vehicle with the latest plate, meaning they’ll say goodbye to their old vehicles in the months around those new plate dates. 

Consequently, auction lots see a larger intake in these months, creating a wider selection for potential used car purchasers. 

August/October and February/April are the best dates to check out our auction lot, since plates change on September 1st and March 1st. 

Timing is Everything

Recapping, our lot in Pontiac, Michigan cycles through inventory year-round. We receive cars mainly from donations, which speaks to their quality. By paying attention to all the above; shifts in inventory, when people are buying, when prices go down, etc. then you are indirectly plugged into when our auction lot will receive new inventory. 

That’s when the magic (you know, the deals) happen! 🎉

Our online auctions are every 1st and 3rd Saturday at 10 AM central. Learn how to buy at auction and bring a checklist when you inspect your ideal car every Friday before auctions from noon to 4 PM.

Let the bidding begin!