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With the bustle of the holiday shopping season, it can be easy to overlook what could be the best purchase of the year: a new vehicle. December is a prime time to get a great deal on a new vehicle, especially at a dealership like Volkswagen SouthTowne.
Besides everyone’s dream of getting a car with a big red ribbon on it for Christmas, there are many practical reasons December is a good time to drive away in a new ride. Here are a few great reasons why buying a new car before the end of the year is a good idea.
Tax advantages
When it comes to tax savings, most small business owners should do all they can to get a tax break before the end of the year.
Whether you own your own business or do rideshares on the side, you might be able to deduct interest on an auto loan. This tax expert company says you can deduct different expenses based on the kind of company you work for or own.
If you don't own your own company or do any sort of business with a car, you can still claim tax advantages from purchasing a car. H&R Block says you might be able to deduct the sales tax from a car purchase on your annual taxes within certain parameters. Please be sure to consult with a tax professional about your specific situation.
Great deals from high-volume dealers
With the end of 2019 approaching, high-volume dealers like Volkswagen SouthTowne are hoping to meet their sales goals and bonus before the new year rolls in. Edmunds says December is the month to buy a car if you want the best price possible. Data from Edmunds indicates December has the highest discount off the MSRP. This is also when car dealers have the highest number of cars on the lot.
"This year we are currently the No. 1 volume Volkswagen dealer in Utah according to Volkswagen retail reports Jan 2019 - Nov 2019. And we’re ranked No. 3 in volume sales in the Country out of 700+ Volkswagen Dealerships,” says Josh Osborne, Volkswagen SouthTowne’s general manager. "We are overjoyed at that and it makes us extremely motivated to maintain those rankings. So we're offering prices that are as aggressive as possible so every customer gets the best deal available."
This time of year is also when you'll see rare deals on financing options. According to Kelley Blue Book, you can often bundle good prices, high inventory and interest rate discounts during the month of December.
Special manufacturer-backed promotions
Osborne notes that Volkswagen SouthTowne always has an aggressive sale going on year-round, but one of the benefits of waiting until December is that manufacturers usually put their weight into the promotions making it even more beneficial for customers.
This December, Volkswagen SouthTowne customers can get “Sign Then Drive!” Volkswagen’s most popular promotion. This means that credit-qualified customers can sign for a new VW, and pay $0 down, $0 security deposit and $0 first month’s payment.
“You get a brand-new car with a low lease and basically nothing out of pocket,” says Jeff Davis, director of operations at Volkswagen SouthTowne. "As always Volkswagen SouthTowne offers incredible MSRP Buy Back promotions to help our customers trade out of their car more easily.”
Lots of new models
If you're in the market for the latest tech, upgrades and models, now's your time to act. By December, most dealerships are stocked with all-new models for the current and upcoming year. This means that finding that perfect car, with all the latest technology, features, and styling, will be a positive experience.
There are some great reasons to buy a new Volkswagen before the end of the year. Whether it be a commuter like the Volkswagen Jetta or a large SUV like the Atlas, Volkswagen SouthTowne has what you need.
