The Best Time to Upgrade Your Vehicle in Lynchburg, VA

Is It Time to Upgrade Your Vehicle?

You'll have to upgrade your vehicle at some point. Even cars of the most reputable and well-known brands have expiration dates. There will be signs that will let you know it's time to swap or upgrade, such as complete breakdowns that happen too often. In any case, waiting until your vehicle reaches that point isn't ideal. There may be a time when it stops running at a most inconvenient time, such as when you're driving at night on a highway.

No matter the reason for upgrading your vehicle, our team at BMW of Lynchburg can help. We have a selection of brand-new and pre-owned BMW vehicles. If you're not looking at Bimmers, we also have certified pre-owned vehicles from other notable brands. Additionally, our team at BMW of Lynchburg in Lynchburg, VA, has developed a comprehensive guide to assist you with your decision.

Should You Upgrade Your Old Car?

The best thing to do is to assess whether upgrading your vehicle to its current condition is worth it. Here are some points to consider.

It doesn't suit your needs anymore:

Sometimes, a changing lifestyle can be enough reason to upgrade your ride. Your family might be growing, and you need more space to transport the kids, or perhaps you're looking for a more fuel-efficient and eco-friendly option.

Repair costs are mounting up:

The cost of maintenance and repairs on your car increases as it ages. In the long run, replacing your car might be a better financial decision than continually repairing it.

Your car has accumulated high mileage:

Most cars can last about 200,000 miles with regular maintenance. Your car might be due for an upgrade if it has crossed the 200,000-mile mark or more.

The features are outdated:

Newer models offer more features, so you may want to upgrade your car to take advantage of them. Consider swapping your current vehicle for one that has the features that match your current lifestyle.

When Is the Best Time to Upgrade Your Car?

Whether buying a new or used car, October through January is the ideal time to buy, with December being the best. The good news is you can find great deals, incentives, and rebates throughout the year if you cannot wait that long.

End-of-Year Deals

There is no better time to buy a car than at the end of the year. Dealers often offer more discounts at the end of every year because they want to move current inventory and make room for next year's.

Buyer's Market

In a buyer's market, sellers are favored over buyers. When supply and demand change, purchasers typically gain an edge over sellers in price negotiations due to economic conditions. So, if you're buying a car, wait for prices to stabilize and get favorable deals.

End of the Model Year

Buying a car after the model year has passed is a great way to save money. Many shoppers prefer newer models, but you can save money by buying an older model. In particular, this could work if you aren't interested in the extra bells and whistles the new model may have.

End-of-the-Month Deals

Buying a car at the end of the month is a great way to get an excellent deal. Wait until four or five business days before the end of the month to start negotiating and playing off each dealer. Doing so allows you to take advantage of salespeople aiming to meet their monthly goals.

Holiday Sales

Many local car dealerships advertise clearance sales to encourage people to buy cars, but some car-buying holidays are better than others. A car is typically cheaper on Christmas Eve, New Year's Eve, Memorial Day, and Black Friday.

During Weekdays

Shop on a weekday instead of a weekend if you want a good deal and can't wait for a year-end promotion. It is usually best to buy a car on Monday. During this time, showrooms will be less crowded, so you'll have more time and attention from the sales staff.

Value Your Trade

BMW of Lynchburg allows you to trade in your car and use the money toward your new vehicle, saving you time and effort. Using our online trade-in tool, you can find out how much your vehicle is worth.

Your car's appearance can increase its trade-in value, so make sure you consider it when you are negotiating. You can also leverage your negotiation skills by bringing comparable listings. Moreover, if the market is strong, you may be able to negotiate a higher price for your trade-in.

Upgrade Your Car at BMW of Lynchburg

Whether you're looking to trade your vehicle in Lynchburg, VA, or upgrade to a new BMW, our team at BMW Lynchburg is always ready to help. Drop by our Lynchburg, VA, dealership so we can appraise your vehicle and help you look for a suitable upgrade. Additionally, we can set up a test drive for the vehicle you're interested in.