Why some experts are saying now could be the best time to buy a car

This year's December deals are bigger than ever, with an average savings of $4,700 on 2018 models.
1:36 | 12/31/18

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Transcript for Why some experts are saying now could be the best time to buy a car
Back now with the new year, new car deals. Why some are saying this could be the best time to buy a car and save big. Here's Eva pilgrim with your money. Reporter: In the market for a new set of wheels? How can I help? Reporter: Now through January 2nd may be the best time to save money and get the car you want. Great availability, great pricing discounts, and the opportunity to choose between 2018 and 2019. Reporter: Experts say this year's December deals are deeper than ever. We're seeing discounts of $7,000, $8,000. Reporter: Want the most bang for your buck? Consider a sedan. Get more than $9,000 off a 2018 Cadillac XTS platinum, and $5,700 off the 2018 Chrysler 300. Ford, built for the holidays. Reporter: Have your heart set on an SUV? Save an average of $5,800 on a 2018 Ford explorer. For those who want to lease, we stotted five cars for less than $200 a month. To make sure you're getting the best deal, experts say use the word total. If you're looking to purchase a car, you have to ask what is my total out the door purchase price. That way there's no confusion. If you're looking for a lease, what is my total out of pocket expense? Reporter: Experts say before going to a dealership, try and get a pre-approved loan from your bank that you can use as leverage. Dealers might even be willing to beat that rate. And when you walk in, know regional competitor dealership prices, and don't hesitate to ask for a price match. Jon? Eva, thank you.

This transcript has been automatically generated and may not be 100% accurate.

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