Why April is the best time to buy a new car

April is great month to get a car loan and buy a new car. April is traditionally the slowest month of the year for new-car sales. Half of April is taken up by school holidays and public holidays but dealers still need to sell the same number of cars.

Car dealers work on monthly sales targets so the end of the month is often a better time to haggle a deal than the beginning of the month.

Before you go out looking and test driving new cars, plenty of lenders will give you a pre-approved car loan or conditionally approved personal loan or finance.

Source: Herald Sun