Is the car purchase discount greater before or after the Chinese New Year?
2 Answers
Generally, car purchase discounts are greater before the Chinese New Year, so it is recommended to buy a car before the holiday. Here are the specific details about buying a car before the Chinese New Year: Reasons: As the year-end approaches, car dealers will launch various promotions, hoping to add the finishing touch to their annual performance. Although price reductions from dealers may come one after another, the era of thin profits in car sales has arrived, and large-scale price drops will not occur. Trends: The discounts for buying a car at the end of the year will not differ much before and after the Chinese New Year. However, usually, at the beginning of the new year, new car models will emerge one after another in the market, providing more options. The prices of older models will also decline, but the drop is usually not significant. Here is additional information: Things to note when buying a car: Pay attention to checking the smoothness of the body steel plates and bumpers, and ensure there are no abnormal dents or bulges. Also, carefully inspect the paintwork, especially in areas prone to scratches during transportation. The surface color of the car should be harmonious, uniform, full, smooth, and free of pinholes, pits, wrinkles, bubbles, streaks, or scratches.
When it comes to buying a car, I always feel the pre-Chinese New Year promotions are more substantial. As an auto enthusiast who's dealt with many dealerships, year-end is the critical period for dealers to push sales targets. They aim to hit annual goals before December to secure manufacturer rebates. That's why promotions are abundant during this time—from Double 11 to Lunar New Year—with greater room for negotiation, ample inventory, and generous freebies. After the New Year, as the new quarter begins, dealer pressure eases, stock dwindles, and prices may rebound. However, around March, some discounts may appear as brands preview new models. Overall, targeting pre-holiday sales is smarter, but remember to compare prices and models—don’t just chase the lowest price.
