The end of the year can be a time for extravagance, but it can also be a time where you can get some great deals. If you have managed your budget or your sinking funds So you still have extra money left over in November and December, there are a few things you can look into. Remember, just because something seems like a good deal or is on sale, doesn’t mean you have to buy it. Before buying any of these items at the end of the year, consider your needs and your needs in the context of your overall budget.
buying a car
Traditionally, the end of the year (November and December) is considered Best time of year to buy a car, This is true for a few reasons. First, many salespeople and producers are trying to hit their end-quarter and end-of-year quotas. This gives them extra incentive to try and bargain. In their enthusiasm to close the sale, you can often find deals you won’t find earlier in the year.
The end of the year being a good time to buy a car doesn’t just apply to new and leased cars. Every year in the fall, most manufacturers release a new version of each of their car models. When 2022 models are introduced at the end of 2021, that means all 2021 models will have to be approved to be in place. Similarly, as people lease or buy a new car, they are trading in their used cars. This combination can result in excellent savings on older cars as well.
Electric cars and other tax breaks
Talking about cars, there are many tax breaks available on buying an electric car. These tax deductions and credits may be available at the federal, state, and local levels, and often change each tax year. So if you’re saving towards an electric or hybrid car, you should make sure you know what credit you may be eligible for.
Electric cars aren’t the only things that are sometimes tax exempt — many types of renewable energy qualify for tax benefits. This may include buying or installing solar panels or taking advantage of wind or geothermal energy. And if you’re expecting a new baby, one thing to consider is that a baby born on December 31 is considered to be living with you throughout the year for tax purposes. This could mean additional tax deductions and child tax credit Compared to the New Year’s baby.
starting a new rental lease
While walking in the midst of winter and the holiday season might not seem like the most fun adventure, it can be well worth your while. This is because no one likes to visit ELSEs in the middle of winter, so landlords and management companies often experience higher-than-average vacancy and are more willing to offer good deals at the end of the year.
if you are considering moving across the city or across the country, take a look at the leasing listing and see if there are any move-in specials you can take advantage of. You may get a discount, or a reduced security deposit, on your first month’s rent. Even if you don’t really want to move, you can take advantage of this event if your lease runs out or you’re on a month-to-month lease. Show your current landlord other options you’re considering and see if they’ll cut your deal.
post black friday deals
As most people know, the weekend after Thanksgiving (Black Friday and Cyber ​​Monday) is probably Biggest Shopping Weekend of the Year, But while there are often pretty amazing Black Friday deals out there, most really great sale prices are extremely limited in quantity. Unless you’re one of those precious few, you can often still find some similar deals for the Christmas holidays.
It’s somewhat of an open secret that many Black Friday sales aren’t so great. There may be one or two “doorbusters” that aim to get you to a store or website, but most of the other items included in the sale listed will still be available on Cyber ​​Monday or throughout December. The end of the year is a great time to score deals on electronics, appliances, headphones and entertainment, among other things.
Bottom-line
For many people, money is tight during the holidays and at the end of the year. But if you’ve done a good job of budgeting and still have extra money left over, the end of the year can be a great time to look for deals on certain things. Buying a new (or brand new to you) car, a new lease or signing deals on electronics and appliances are just some of the things you can get deals on in November and December. Be sure to stick to your budget and make smart financial decisions, and you’ll be well on your way to a successful holiday season.
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dan miller (91 posts)
Editor is a freelance writer and founder of PointsWithACrew.com, a site that helps families travel for free/cheap. His home base is in Cincinnati, but he tries to travel the world as much as possible with his wife and 6 children.
