When is the best time of year to buy a car? For new cars, it's coming up.

There are certain times within the month or even on certain days of the week that can help you score a more competitive deal

money saving strategies for buying a car
Try car shopping mid-week, since "showrooms will be the least busy"
(Image credit: Getty Images)

It turns out that some times are better than others to buy a car. Even though there are often sales on vehicles throughout the year, especially around Memorial Day and Labor Day, the final few months of the year — think October to December — is the real sweet spot for buying. 

This is because "new models are typically released in the fall of the preceding year," said The Wall Street Journal.

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Becca Stanek, The Week US

Becca Stanek has worked as an editor and writer in the personal finance space since 2017. She previously served as a deputy editor and later a managing editor overseeing investing and savings content at LendingTree and as an editor at the financial startup SmartAsset, where she focused on retirement- and financial-adviser-related content. Before that, Becca was a staff writer at The Week, primarily contributing to Speed Reads.