What Is The Best Time To Buy New Car 2023 – A Beginner’s Guide

when do 2023 cars come out

If you are anticipating when do 2023 cars come out, then the current year is when you can get your hands on the latest models.

The new model year begins from the fall of a year until the fall of the following year. The model year 2023 started in September 2022, and ever since, the 2023 models have been hitting dealerships.

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2023 is finally here. And most of the upcoming models are either already at your nearby dealerships or waiting to be released.

Buying a vehicle is more about timing than anything. You need to make your move at the right buying time to get the best deals & best prices.

Today we bring you this buyer’s guide to ensure you get the best deals on your most awaited car. 

We will tell you the best times to buy a car, top 2023 models along with their description & release dates, and frequently asked questions.

So, please keep reading and find out when your favorite car will hit the dealerships for you to buy it.

When Do 2023 Cars Come Out?

Whether two-wheeler or four-wheelers, automobiles are among the top luxuries people like to buy.

Besides them being a considerable investment, the automotive industry is still thriving with a new model ready for sale.

Usually, the new models are announced a few months before they actually hit the market.

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The companies do so to build anticipation among the buyers and have them prebooked for sale before they hit the dealerships.

The upcoming year’s models hit the dealerships when the new model year begins.

So, as 2023 is here just a few days back, the Model Year 2023 began in the fall of 2022.

Some 2023 models are already released and getting sold, while others are in to hit the dealerships in the year 2023.

For Example, the 2023 Honda Civic Si is a model for the year 2023, and it was released around October 2022. However, the 2023 BMW XM is said to release in April 2023.

Thus you see how both of these models are 2023 releases but still hit the market at different times.

So, if you have your eyes on a particular 2023 car and it has yet to hit the dealerships, and you are thinking about when do 2023 cars come out, then you have the timeline of 2023 fall to wait.

Also, a vehicle is only available for sale after its official release date. If the date for a car has yet to be released, you have to wait for the manufacturer to make an official announcement regarding the matter.

When Is The Best Time To Buy A New Car In 2023?

Buying a car takes more than just money. You need the right strategy, proper research, and the skill of persuasion.

Instead of running to buy a car without thinking, you should research the dealers selling that car, ask for quotations from different dealerships, and look for sponsorships to get the best deal on your purchase.

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It does not matter if you know when the new cars will come out if you do not know the right time to buy them.

Timing is everything whether you are eager to buy the 2023 or 2022 model. If you play your strategy right and approach the dealerships at the right time, you can buy your car at a much cheaper rate than its market price.

Below is the best time of the year to quickly buy a car.

A. Beginning Of The Year

If you anticipate that right now is an excellent time to buy a car, then it is.

We are at the beginning of the year, and it is the time of holidays when people have money to buy things easily.

Also, dealerships want to make good sales for the year beginning. Thus, you will get better deals on your purchase.

B. End Of The Month

If you do not know, there is a significant impact on which time you buy your car in the time of the month.

The best time of the month to buy a vehicle is the end of the month. 

By the end of the month, the sales representatives at the dealerships have to complete their monthly targets. Thus they are more open to customer negotiation.

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C. Start Of The Week

The best time of the week to buy a car is Monday or the start of the week.

The beginning of the week is when dealerships are not slammed with customers. Thus, they have ample time to negotiate with you peacefully.

With no pouring customers, dealers try to make a business from the limited ones present. Thus you have better chances of getting the best price for your car.

D. New Model Year

The beginning of the new model year marks the launch of upcoming year cars. 

As the latest models hit the dealerships across the country, the prices of previous year models drop quickly.

If you want a 2023 model that seems out of your budget, you can wait for the fall of 2023 for the new model year 2024.

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It is because, with the new model year, the rates of vehicles of the previous model year will drop slightly.

E. Holidays

If you want the best deals on your car purchase, then the good time to buy a car right now will be any big holidays.

Holidays are the time when people are in their whole spirit in terms of money and happiness.

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To make those holiday times even sweeter, companies offer heavy discounts and deals to attract customers.

So, if you want to buy a 2023 car, Christmas, Fourth Of July, Thanksgiving, & Labor Day are some significant holidays when you can crack the best deal for your purchase.

5 Best New SUVs Of The Model Year 2023

Are you looking to buy an SUV in the new model year but are still determining which one is the right choice?

If yes, we have picked out the top five SUVs of 2023 that offer nothing but excellence, top features, easy usage, and value for money.

1. 2023 Honda CR-V

best time to buy new car 2023
  • MSRP: From $31,610
  • Engine: 1.5L 4-cylinder
  • Horsepower: 190 hp
  • Top Speed: 115 mph
  • Acceleration (0-60 mph): 8.7 seconds
  • Towing Capacity: 1,500 lbs

If you are a Honda lover thinking about when do 2023 cars come out Honda, then the wait is over.

The 2023 Honda CR-V is one of the best SUVs of the new year. The vehicle is powered by a 1.5L 4-cylinder engine with standard continuously variable transmission producing 190 hp.

This redesigned ride offers you a spacious & upscale interior with comfortable seating in both rows and massive cargo space.

In addition, you get an intuitive infotainment system and a long list of standard tech & safety features.

The 2023 CR-V comes in two trims: EX & EX-L, ranging from $31,600 to $34,260.

2. 2023 Kia Telluride

best time to buy new car 2023
  • MSRP: From $35,890
  • Engine: 3.8 L V6
  • Horsepower: 291 hp
  • Top Speed: 132 mph
  • Acceleration (0-60 mph): 6.6 to 6.9 seconds
  • Towing Capacity: 5,776 to 5,917 lbs

If you want a two-row SUV in your garage, then the 2023 Kia Telluride will be a good choice.

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The vehicle is powered by a robust 3.8L V6 engine channeling 291 hp. It can attain a top speed of 132 mph and accelerate to 60 mph in less than 7 seconds.

All-new Telluride is a perfect blend of premium & practicality. You get a roomy interior with a high-quality build, high-end tech features, and refined driving dynamics.

The excellent fuel economy gives you 20 mpg in the city and 26 mpg on the highway.

In addition, for your safety, the vehicle comes with a suite of driver assistance technology with great standard features.

3. 2023 Kia Seltos

best time to buy new car 2023
  • MSRP: From $23,340
  • Engine: 1.6 L 4-cylinder, 2.0 L 4-cylinder
  • Horsepower: 146 to 175 hp
  • Top Speed: 125 mph
  • Acceleration (0-60 mph): 8.2 to 9.1 seconds
  • Towing Capacity: 2,000 lbs

The 2023 Kia Seltos is an excellent subcompact SUV that aims to offer you a composed ride and handling.

Two different kinds of four-cylinder engines power the model. The 2.0L engine produces 146 hp, whereas the 1.6L engine outputs 175 hp.

This SUV is available in five trims: LX, S, EX, Nightfall, & SX, ranging from $23,340 to $28,840.

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The large cargo hold and roomy & premium interior make this an excellent buy.

Furthermore, you get many standard safety & tech features to make your ride more enjoyable.

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4. 2023 Ford Expedition MAX

best time to buy new car 2023
  • MSRP: From $61,190
  • Engine: 3.5 L V6
  • Horsepower: 380 to 440 hp
  • Top Speed: 124 mph
  • Acceleration (0-60 mph): 5.3-5.7 seconds
  • Towing Capacity: 6,000 to 6,300 lbs

All-new 2023 Ford Expedition is a premium SUV that you should consider if you can spend leisurely on your purchase.

All the trims are powered by a twin-turbo 3.5L V6 engine paired with 10-speed automatic transmission with overdrive producing up to 440 hp.

The interior is spacious, with three rows of seating. You can have a bench or captain seat in the second row. In addition, you can extend your cargo hold by pulling down the last two rows.

This SUV is filled with various standard technology and safety features to ensure your entertainment & safety.

Furthermore, the 2023 Expedition MAX is available in four trims: XLT, Limited, King Ranch, & Platinum, ranging from $61,190 to $82,565.

5. 2023 Mazda CX-50

best time to buy new car 2023
  • MSRP: From $27,550
  • Engine: 2.5 L 4-cylinder
  • Horsepower: 187 to 227 hp
  • Top Speed: 125 mph
  • Acceleration (0-60 mph): 6.5 seconds
  • Towing Capacity: 2,000 to 3,500 lbs

If you are wondering when do 2023 Mazda cars come out; then the already released 2023 Mazda CX-50 is a great ride to buy.

This compact SUV offers a luxe interior, agile handling, a lively engine, and many standard features.

Each trim is powered by a 2.5 L 4-cylinder paired with standard six-speed automatic transmission and all-wheel drivetrain pumping 187 hp.

But if you desire more power, the more powerful turbocharged variant is also available, which offers 256 hp.

The interior is luxurious & extensive enough for five people. Also, the various infotainment & safety features make it worth the price.

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Furthermore, the impressive fuel economy of 24 mpg in the city and 30 mpg on the highway makes it a money saver.

Lastly, the model comes in nine trims ranging from $27,550 to $42,500.

Explore The Best Upcoming EVs Of The Model Year 2023

Electric vehicles are getting more & more popular with time. It is the reason why more & more auto manufacturers are making them in every class.

If you want to be a proud owner of an EV but need to know if an SUV, car, sedan, or pickup will be a good choice, then go through our top EV picks of 2023.

1. 2023 Chevrolet Bolt EV

best time of the year to buy a car
  • MSRP: From $26,500
  • Engine: Electric
  • Horsepower: 200 hp
  • Range: 247 miles
  • MPGe: 115 (combined)
  • Top Speed: 92 mph
  • Acceleration (0-60 mph): 6.3-6.7 seconds

The 2023 Chevrolet Bolt EV is an electric SUV that can be yours for a starting price of $26,500.

A 200-hp electric motor and front-wheel drivetrain power this vehicle. The electric motor is strong enough to give you perky acceleration, but it is not the quickest SUV.

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With this ride, you can ride a top speed of 92 mph and accelerate from zero to 60 mph in less than seven seconds.

This compact ride offers an excellent driving range, generous seating space, and a fun driving experience.

The model is available in two trims: 1LT & 2LT, ranging from $26,500 to $29,700.

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2. 2023 Hyundai IONIQ 5

best time of the year to buy a car
  • MSRP: From $41,450
  • Engine: Electric
  • Horsepower: 168 to 320 hp
  • Range: 220 to 303 mi battery-only
  • MPGe: Up to 132 city / 98 highway
  • Top Speed: 155 mph
  • Acceleration (0-60 mph): 4.5-7.4 seconds

The 2023 Hyundai IONIQ 5 is another electric SUV you can buy this year. The model has an electric-only powertrain available in multiple capacities.

The standard range battery comes paired with a single & rear-mounted electric motor generating 168 hp. The longer-range battery produces 225 hp and sprints to 60 mph in 7.4 seconds.

The all-wheel-drive variant produces 320 ponies and can accelerate from zero to 60 mph in 4.5 seconds.

You get 220 miles of range per charge and good fuel economy with 132 mpg in the city and 98 mpg on the highway.

The interior is spacious, with comfortable seating, and filled with much-needed tech & safety features.

Furthermore, there are four trim levels: SE Standard Range, SE, SEL, and Limited, ranging from $41,450 to $52,600.

3. 2023 Volvo XC40 Recharge

best time of the year to buy a car
  • MSRP: From $53,550
  • Engine: Electric
  • Horsepower: 402 hp
  • Range: 223 mi battery-only
  • MPGe: 92 City / 79 Highway
  • Top Speed: 112 mph
  • Acceleration (0-60 mph): 4.7 seconds

The 2023 XC40 Recharge has yet to be released. The model is anticipated to come with two electric motors, with each channeling front & rear wheels.

With the pure electric engine, you will get 402 horsepower. You get a driving range of 223 miles on one complete charge.

The vehicle is said to attain a top speed of 112 mph and can sprint from zero to 60 mph in only 4.7 seconds.

There are three models available: Twin, Twin Plus, & Twin Ultimate, ranging from $53,550 to $58,595.

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The interior has comfortable driving positions, spacious rows, and clever cubby storage.

In addition, the cargo space is good, plus you get several tech & safety features.

4. 2023 Ford F150 Lightning

best time of the year to buy a car
  • MSRP: From $55,974
  • Engine: Electric
  • Horsepower: 426 hp
  • Range: 240 mi battery-only
  • MPGe: 78 City / 63 Highway
  • Top Speed: 111 mph
  • Acceleration (0-60 mph): 4 seconds

The 2023 Ford F-150 Lightning is one of the best full-size electric pickup trucks this year.

It comes standard with two electric motors and an all-wheel drivetrain. With the standard range battery, you get 452 hp, while with the extended range one, you get 580 hp output.

This pickup has a maximum speed of 111 mph and can accelerate from zero to 60 mph in only 4 seconds.

The standard towing capacity of this vehicle is 7,700 lbs, increasing to 10,000 lbs with the extended-range battery.

Both the interior & exterior of this pickup are similar to the gasoline-powered F-150 model with a few differences.

You get a more extensive infotainment system, spacious seating, and a long list of tech & safety features.

Lastly, this pickup comes in six trims ranging from $55,974 to $96,669.

5. 2023 Mercedes-Benz EQE-Class

best time of the year to buy a car
  • MSRP: From $74,900
  • Engine: Electric
  • Horsepower: 288- 402 hp
  • Range: 300 miles
  • MPGe: 67 (combined)
  • Top Speed: 130 mph
  • Acceleration (0-60 mph): 5.6 seconds

If you are a fanatic of classic-style cars, then the 2023 Mercedes-Benz EQE-Class is for you. However, it is a little small the company’s E-Class.

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This all-electric ride is powered by a single electric motor on the rear axle, generating 288 hp and 391 lb-ft of torque.

With this sedan, you can achieve an estimated top speed of 130 mph and accelerate from zero to 60 mph in 5.6 seconds.

There is also an all-wheel drive version that will come with two electric motors channeling both front & rear wheels & producing 402 hp.

This ride comes packed with a 90.6-kWh battery pack offering a driving range of 300 miles. 

You get a quiet, comfortable, and relaxing ride experience. The interior is all about elegance and premium quality.

This vehicle is equipped with the best tech, safety & entertainment features that anyone would desire in their car.

FAQs About Good Time To Buy A Car Right Now

Is right now a good time to buy a car??

If you plan to buy a car, now is the right time. It is the beginning of a new year with people trying to add some new meanings & things to their lives.

Car dealerships understand such emotions and want good sales at the beginning of the year.

Thus you can quickly negotiate through to get better deals on your dream ride.

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What are the best pickups of 2023?

Suppose you are considering buying trucks or pickups in 2023. In that case, you should look for something that offers stylish seating space, enough cargo room, and top tech & safety features.

Gone are the days when trucks were only labor rides with nothing extravagant. Today you can find a truck more luxurious & stunning than your regular car.

So, if you want to buy one in 2023, below are some top pickups models you can explore:

  • 2023 Toyota Tacoma (MSRP: From $27,750)
  • 2023 Ford F150 (MSRP: From $34,585)
  • 2023 Hyundai Santa Cruz (MSRP: From $25,700)
  • 2023 GMC Sierra 1500 (MSRP: From $37,100)
  • 2023 Honda Ridgeline (MSRP: From $38,800)
Will car prices drop in 2023?

The popularity of automobiles is high. Despite the COVID-19 hit, vehicles are selling more than ever. It is the reason why cars are pricey.

With the beginning of the new model year and New Year, vehicles may see a drop in their selling price.

However, if you expect a massive drop in prices, then it will not happen.

So, do not wait to buy your favorite, thinking the prices will go down significantly.

According to experts, the price decrease will be around 5% or less.

What are the best cars to buy in 2023?

The model year 2023 is one of those fantastic years with a wide variety of vehicle launches. This year you will see ample sedans, EVs, pickups, hybrids, and other model launches.

Whether you want something affordable or highly extravagant, you can get it all in the 2023 vehicle launches.

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Check out the top five cars releasing this model year below:

  • 2023 Honda Civic (MSRP: From $25,050)
  • 2023 Honda Accord (MSRP: $27,295)
  • 2023 Mazda MX-5 Miata (MSRP: From $28,050)
  • 2023 Mazda3 (MSRP: From $22,550)
  • 2023 Kia Forte (MSRP: From $19,690)
Which is the best month of the year to buy a car?

If we talk about the best months, then December and January are the best.

December marks the end of the year, plus it is the month of the biggest holidays: Christmas & New Year’s Eve.

In the name of holiday spirit and doing their best for their customers, car dealerships offer considerable discounts to their buyers to make their year-end merry.

Similarly, January marks the beginning of the New Year. New Year again is a festive period, and thus dealerships offer considerable discounts to attract more & more customers.

Now is the right time to take action if you want to buy a new or used car.

Which is the best hybrid for money?

Hybrid cars are deemed among the best car choices as they offer you the best of both worlds. They can be your electric and gasoline ride based on your preference.

2023 has a long list of hybrid cars making their way to the market. So, if you find all-electric vehicles too costly but still want to be eco-friendly, hybrid cars are the best.

Here are the top five hybrid automobiles you can buy in 2023:

  • 2023 Honda CR-V Hybrid (MSRP: From $32,950)
  • 2023 Honda Accord Hybrid (MSRP: From $27,295)
  • 2023 Lexus RX (MSRP: From $47,400)
  • 2023 Lexus ES (MSRP: From $41,340)
  • 2023 Ford Maverick (MSRP: From $22,195)
When is the right time to buy a car financially?

The beginning of the year, end of the year, end of the month, the beginning of the week, and the holiday seasons are the best times to buy a car financially.

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Dealerships are most open to your negotiations during these times, and you can get the best prices for your purchase.

What is the right time to buy a car in the united states?

If you live in the United States and want to buy a new car, the beginning of the year, end of the year, end of the month, beginning of the week, and holiday seasons are the best times to buy a car.

Conclusion

With the beginning of the new model year, all the car models you have been anticipating are up for purchase.

It is finally time to stop asking when do 2023 cars come out and go to your nearby car dealerships to get your hands on your favorite ride.

With this beginner-friendly ride, we hope all your questions regarding 2023 launches and top models in each category are answered.

Still, if you have any queries, please comment below.

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