Should I wait for the end of the month or end of the year to buy a 2016 car?

Im planning on getting the 2016 Renegade but i don t know whether the deals at the end of the year are really that much better than if i just go at the end of the month when everyone is trying to meet their quota. Advice?

Other answer:

The end of month discount is widely overstated.

If, and only if, you are a great negotiator, and you probably are not, you might save $200-300 at the end of the month or year.

Chances are playing 2 or more dealers against each other and knowing dealer cost and negotiating away extra charges like "prep" and "Doc Fee" is a better bet.

Maybe use Costcos buying service or the online ones Truecar or Carsdirect.

The #1 way to save though is to not buy a new car. Buy a used car, ideally from a private party.

You can get them a few years old that are still under factory warranty for lots less than they cost new.

6 months ago, I bought a 2012 Mazda 3 with 47k miles. It had never been wrecked or painted and it had 5 months on the factory power train warranty.

I got it for $8800+300 in tires= $9100.

The longer you wait the few choices you'll have from a color/options perspective. The 2016's will likely be gone by the end of the year as 2017 are coming in on trucks every week – they want to get rid of 2016's pronto.
2016 Renegade stock is rapidly dwindling. The longer you wait the fewer the choices of models and options. Sure, cost will minimally continue to go down the next month or two, but inventory options will become fewer as well. If you want a specific Renegade (color, equipment, options, etc.) then you better get on it.
Close to before, or after, Xmas is a good time to buy as people have other spending priorities or are broke after the holiday. Use internet quotations to beat the salesman down and visit other dealers to find the desperate one.
Happy Gramps:
neither if you are smart !! it is never a good idea to purchase a new vehicle, mainly because when one tire leaves the dealer's lot, the value drops by $ 1000's
Go look on December 26th. If you do not find a deal go back on December 31st.