If buying a car is on your to-do list, this Fall may be the time to pull the trigger. Vehicle sales for many major automakers dropped over the past year, but what may be bad for them, is good for the buyer.
As automakers try to drive their numbers back up, there are lots of perks for car buyers. Automotive news says companies like Ford (-11.9 percent), Fiat (-10.2 percent), BMW (-16.5 percent), and Mazda (-10.8 percent) saw double digit percentage drops in sales, compared to last year.
With fewer cars leaving the lot, that means companies are increasing their incentives for buyers. So far, they're up 14 percent across the board.
The latest news from around North Texas.
Ford is starting its Black Friday Sale immediately, offering up to $1,000 rebates on 2016 and 2017 models. Fiat also has a Black Friday Sale lasting the whole month of November.
If you want to be even more savvy with your car shopping, you may want to wait to purchase a vehicle at the end of this month, or the end of the quarter, which is in December. That's when dealerships are trying to reach lofty sales goals, and consumers may score an even better deal.