Veterans Day: why it's the second best day of the year to buy a used car in the United States
Veterans Day is a national and public holiday in the United States where people pay tribute to those who have served the United States Armed Forces all November 11.
Car dealers also take advantage of these dates to put discounts and offers so good that they are almost unrepeatable. In fact Veterans day is considered the second best day of the year to buy a used car.
In a new report, iSeeCars.com car research and data company found that some months are better than others to find low prices on used cars. The same goes for holidays.
Para averiguar cómo se comparan las diferentes épocas del año, iSeeCars analizó más de 40 millones de transacciones de automóviles usados entre 2013 y 2015 para determinar qué momentos específicos tendían a generar más o menos acuerdos que el promedio. La empresa definió un acuerdo como un ahorro del 5 por ciento o más.
"when you buy something as expensive as a car, save up to 5 percent of your purchase, or $952 of the average price of $19,040, you can actually add up," said Phong Ly, executive director of iSeeCars, in a statement.
ISeeCars found that consumers are more likely to reach agreements on certain federal and retail holidays, especially towards the end of the calendar year. According to the company's study, the following dates are the best holidays to buy a used car.
Black Friday: 33.1% Veterans Day: 32.5% Thanksgiving Day: 30.6% Columbus Day: 30.5% Martin Luther King Day: 29.4% Christmas eve: 28.7% Christmas Day: 21.4% New Year's eve: 21.3% Halloween: 18.8% New Year's Day: 15.8%
*
You may be interested:
Electric cars: which aspects of maintenance are totally different from a car to gasoline
How much time and money it takes to load a full electric vehicle
Related topics
Veterans Day
