(CBS) – Today is New Year’s Eve. But before popping the bubbly, you may consider buying a car.
Experts tell CBS that today is the best day of the year to get a deal.
As the hours of 2014 dwindle down to a precious few, car dealers are scrambling to meet year-end sales quotas and sell off inventories to save on taxes.
As they are about to close the door on the old year, they are creating what experts say is the best time of the year to trade up.
"Everything comes together," said John Webb of the Chicago Auto Trade Association. "Manufacturers are aggressive. Dealers are being aggressive. I think the customers have some either Christmas bonus money or what have you flowing through their pocket."
At Hendrick Durham Auto Mall, the deals are really flowing. The sense of urgency is high on the showroom floor as the GM dealer closes in on 200 sales for the month.
The savings can be as much as 25 percent off sticker price on certain vehicles. So, as the closk winds down toward 2015, the Hendrick Durham Auto Mall inventory of Cadillac, Buick, GMC and Chevrolet is dwindling by the minute.
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