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I'd heard that late September through the end of the year is best time to get a better deal on a new car, but one of your sites says summer is best. Is this true and can you tell me why? I'm wondering whether to hold out a few more months on trading in my old car for a new one. I have a 96 Honda Wagon and want to buy a 2013 Toyota Prius or a 2013 Honda Insight. Also,is there a best time of year to sell or trade in an old car? Thanks

Answers from the Automotive Experts

Patty Streeter,  at AskPatty.com July through October is the best time to buy a new car it is the end of one model year and the start of another. That means if you were willing to buy one of last year's models you could take advantage of manufacturers' incentives and additional dealer discounts to make room for the new year's models. On selling or trading in a new car read this article on AskPatty.com: Your Guide to Getting Rid of an Old Ride http://caradvice.askpatty.com/ask_patty_/2013/01/your-guide-to-getting-rid-of-an-old-ride-.html

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