Dye Autos Denver Area Truck and Automotive Blog
Surprisingly, some of the biggest discounts on a new truck come at the beginning of the year. If you’re looking for the best time of the year to buy a car or truck, be prepared to act quickly! You won’t find a better time than when the calendar changes into a New Year.
Buying a new truck can be an arduous process. People naturally get caught up in the more exciting parts of buying a new truck, such as:
- Color
- Technology
- Sound System
- Wheels
- Seats
- Mirrors
- Sidesteps
- Power outlets
- Off-road accessories
- Towing equipment
These are all super important features to consider but many people don’t stop to consider the details that could possibly save them THOUSANDS of dollars when it’s time to purchase.
4 New Truck Buying Tips to Start 2018 Off Right
Now that the New Year is upon us, you might be thinking about buying a new truck. Take the time to consider all your options to get the best deal possible.
1. You can save money if you buy on New Year’s Eve.
According to TrueCar, big discounts happen on the last day of the year. Their data show discounts as much as 8.5%.
This is because it’s the last day a dealer has the opportunity to make both their quarterly AND yearly goals. Salespeople potentially have year-end bonuses on the line so they want to get the cars out the door before the midnight.
Everybody wants to save money on their new truck and your best chance to do it is on New Year’s Eve.
2. New Year’s Eve Hangover
Dealers trying to close out their year will often allow discounts that “hang over” into the New Year.
When dealers are busy on New Year’s Eve, there sometimes isn’t enough time to get every deal completed. The new truck deal you’re craving could still be available on January 1st, but only if you act quickly.
3. Forlorn salespeople are eager to sell.
It’s tough for car salespeople sitting in empty showrooms when almost everybody else is sitting at home watching football, recovering from late night parties, or not daring to venture out into the cold.
The only consolation for a car salesperson in this situation is to sell a car or two.
When salespeople are eager to sell, that makes a great opportunity for a savvy buyer.
4. Dealers need to clear their Inventory for new models.
Every dealer has inventory at the end of the year that they want to get rid of.
Used car prices tend to go through a predictable cycle in which they peak during the summer months followed by a downward slope hitting rock bottom around January 10th.
Prices tend to shoot back up quickly through February.
If your 2018 plans say it’s time for a new truck…
Remember these tips when you’re ready to buy. At DYE Autos we’re here to help you anyway we can so please reach out to us anytime!
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You might be thinking about buying yourself a car for Christmas. Maybe something’s changed for you – a new addition to your family or a new job – and you’ve been in the market for a few months. As it turns out, December is the BEST month to buy a car or truck so you’d be making a smart move.
Why December? There are couple of pretty good reasons.
If you’ve been thinking about it and waiting for the right opportunity, here are the top 4 reasons to buy yourself (or your family) a car for Christmas.
1. Christmastime means deep price discounts.
One reason why used car prices dip at Christmastime is because fewer people are shopping for a car or truck during the holiday season.
Another is because used cars technically become one year older on January 1st, which affects buyer’s perceptions of the vehicle’s worth.
Technically, the best time to buy a used car is between Thanksgiving and the first week of January. The closer to the end of the year, the better your deal will be.
Used car prices tend to go through a predictable cycle in which they peak during the summer months followed by a downward slope hitting rock bottom around January 10th.
Prices tend to shoot back up quickly through February.
2. Dealers need to meet annual sales goals.
Cars aren’t on people’s minds around Christmas so dealers are eager to make a deal. But, make sure you do your homework, just as you would before buying a car at any other time during the year.
Dealers are looking to meet their annual sales goals, so many prices are slashed on even the most popular models.
Dealers also want to make room for incoming vehicles in the New Year. There’s only so much room on dealers’ lots and many don’t like to start the New Year off with overstuffed inventory.
3. Temperatures plunge – snowy days draw fewer buyers.
Cold, dreary, gray patterns of weather tend to keep consumers indoors.
People are busy with Christmas and New Year plans and when the temperatures plunge, that can equate to even fewer buyers on dealers’ lots.
When fewer people are shopping for cars, the odds are in your favor of getting the best deal. Throw on a parka and brave the temps because timing your purchase right can potentially save you hundreds of dollars.
4. You’ve been good all year long and you deserve it!
“Santa, I’ve been good all year. Okay, most of the time. Once in awhile. Never mind, I’ll buy my own stuff.”
The halls are decked, the eggnog is spiked, and we’ve never made so many meals out of bite-sized hors d’oeuvres. We don our glitziest party wear and everything has a little more glitter on it than usual.
We also run around like crazy, trying to make an appearance at every party, shop for gifts, and somehow put pressure on ourselves to make changes for the year ahead. But when was the last time you stopped to take a break just for, well, you?
The holidays are about giving…so don’t forget yourself.
Let DYE Autos help you decide on your next car. We’re here during the holidays to help, even if it’s only to offer a hot cup of coffee or a nice warm place to be for a few minutes. Come on by…and Happy Holidays!
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The topic our customers ask about most often is used car financing.
We know used car financing is complicated. Just remember that it’s ok to learn as you go. Here are a few tips to get you started on the right track.
1. Do I need to make a down payment?
A down payment isn’t always required for purchase, but it’s definitely a good idea.
Why?
- It will reduce the amount you’ll need to borrow.
- It improves your chances of loan approval.
- You may get better terms with a down payment.
- It will reduce your monthly payment.
Your trade-in vehicle can serve as a down payment. If you still owe on that car loan, the amount of “equity” you have can serve as your down payment. “Equity” is the difference between your trade-in’s loan payoff amount and the actual cash value of your car.
Depending whether you have a trade-in or not, and if you can swing it, any additional down payment – even a few hundred dollars – has a very positive effect in the long term.
2. Can I get approved if I have bad or damaged credit?
There are car loans for people with bad or damaged credit, but you need to be careful when shopping.
Auto loan seekers with bad or damaged credit should enter the car loan process knowing they’ll pay a higher rate than someone with better credit. But don’t let that discourage you.
At DYE Autos, we successfully provide car loan options to customers with many different credit profiles. We have over 70 years experience and we’ll help you!
3. Why does a car’s age and mileage affect my financing options?
In the world of used cars, two factors have a major effect on pricing: mileage and age.
It’s no surprise that higher-mileage cars and trucks carry more affordable price tags, however, many car loan companies may be unwilling to offer terms on older vehicles. There’s more risk involved and that equates to higher car loan interest rates.
4. How much should my payment be?
Everybody’s car buying budget is different but if you’re planning on financing a car or truck, your monthly payment is always a consideration.
As a general rule, your car payment should not exceed 20% of your take-home pay. This rule should include all financed vehicles in your household, whether you have one or ten cars in your garage.
5. How much car can I afford?
It’s never good to just guess at what car you can afford. It’s too easy to get caught up in the excitement, and then miss important details.
A better approach is to make the best choice for YOU so that you don’t end up saddled with a something you can’t afford.
At DYE Autos, we recommend that before picking a random price range that you feel comfortable with, you consider all the factors that contribute to the cost of your vehicle.
- Finance rate and loan term
- Value of your trade-in (if you have one)
- Down payment amount
- Monthly gas and repairs
- Insurance costs
Information is power. Instead of merely picking a price range, you can use an online loan calculator or better yet, give us a call and we’ll help you decide how much you can afford to spend on your next car or truck.
6. Should I get pre-qualified?
Yes, and it’s a good idea!
This fast and easy process lets you choose how much you want to borrow based on the type of vehicle you’re looking for. If you’re interested in used car financing with DYE Autos, click >>>here<<< to get pre-qualified.
One of our helpful finance specialists will contact you to discuss any available financing options, including the amount you’re qualified to finance.
Got more questions? We’re here to answer them. Call us at (303) 286-1665 or just use our contact form >>>here<<<
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Let’s face it, you have a lot of options when it comes to buying your next truck. You want to feel comfortable with the type of truck you’re buying…and with the dealer you buy it from.
Chances are, you’ve done a lot of research already so let us save you some time with these 5 unique reasons to buy your next truck from DYE Autos.
1. We are easy to work with.
If you’ve shopped other dealers, you know the process can turn into a marathon of wasted time.
At DYE Autos, we use our exclusive streamlined process to get you in and out quickly – often within 60-90 minutes.
You’ll also work with one person, which saves you from jumping from one office to another, meeting yet another person on the road to purchase your truck.
2. We are truck financing experts.
We’ve got 70 years of combined truck financing experience and 100 years in automotive retail. We’ve seen every situation and we can help you. How?
- We know what banks require.
- We often get customers approved while they’re here at the dealership.
- We have access to finance anyone.
Do you have a particular financing issue or concern? Let us help! Call us at 303.286.1665 or contact us through our site >>here<< and we’ll put our experience to work for you.
3. We have a truck to fit every need.
Unlike franchise dealers, we’re unrestricted by the number of brands we can offer. We’ve been in the truck business for a long time and we know what our customers want: a great value. That means a quality truck for a fair price with financing options second to none.
When you’re considering a truck from DYE Autos, you’ll notice that we have a full line of trucks to meet your needs:
- Pickups
- 4 x 4 and AWD (all-wheel drive)
- SUVs
- Vans
- Work Trucks
- Medium Duty trucks
- Diesels
- Box Trucks
- Commercial Trucks
4. We are just like you!
At DYE Autos, we pride ourselves on delivering a memorable customer experience. From your first interaction with us to what we hope will become a long-lasting relationship, we recognize how important it is to keep customers coming back to us.
We appreciate how tough it is to shop for and buy a truck. There are a lot of moving parts in the decision. Many of our customers say how helpful, honest and attentive we are. We like to think if it like this: We are just like you.
We’re not pretentious, we understand and we can help.
5. We’re close by.
We have a lot of satisfied customers and many come from all over Colorado and the surrounding states. Some people have driven hundreds of miles to work with us. So, whether we’re close by or “somewhat” close by, when you buy a truck from DYE Autos, you’re part of our community.
We’ve sold trucks to people in… (cities you outlined that people are searching for)
- Denver
- Wheat Ridge (our own backyard!)
- Casper, Wyoming
- Loveland
- Fort Collins
- Aurora
- Lakewood
- Westminster
- Thornton
- Northglen
- Golden
- Boulder
- Morrison
- Littleton
- Engelwood
- Centennial
- Lafayette
- Brighton
- Broomfield
- Castle Rock
- Longmont
- Greeley
- Limon
- Colorado Springs
- Breckenridge
- …and many more!
In conclusion, when it’s time to buy your next truck, remember these 5 unique reasons to buy from Dye Autos…and don’t forget our slogan:
If it’s a truck you wanna buy, you’d better call Dye!
(303) 286-1665
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