When is the best time to go looking for a new car?

These days it's not uncommon for auto dealers to promote different sales throughout the year, so traditionally waiting until the Fourth of July or for the President's Day sale is no longer a surefire strategy. Far more important is to find out when new vehicles will hit the lot — sellers are very motivated to move the current year model off the lot to make room for the new models. Of course part of the reason for such low prices is that you're suddenly a year behind on that model, though often this doesn't make much of a difference as far as features are concerned and you may be able to negotiate the price strongly due to the depreciation you'll incur.