Deals Depend on the Day of the Week



Used Car DealershipSmart Money magazine presents a list of the days of the week sellers tend to offer the best deals on certain products. This makes me want to plan out a whole week of bargain shopping (but even with the discounts it would get expensive):

When to Buy: Monday.
Why: “Car dealers live for the weekend, which is when they make most of their sales,” says Phil Reed, consumer advice editor for Edmunds.com. “On Mondays, the low foot traffic makes it seem like the weekend will never come.” That dealer desperation, paired with fewer consumers on the lot, give you more negotiating power.

When to Buy: Thursday, before 10 a.m.
Why: The price of oil isn’t the only factor influencing costs at your local pump. Consumer usage plays a role, too — and weekend demand is high, says Jason Toews, co-founder of GasBuddy.com, a price-monitoring site. Prices usually swing upward on Thursdays as travelers fuel up to head out the following day. By hitting the pump before 10 a.m. (when many station owners change their prices), you’ll beat the rush and the price jump.

Link - via the Consumerist (Image Credit: Dania_H)


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Posted on July 6, 2007 at 7:56 am by TheGoodReverend
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