What’s the Best Time of Year to Buy a Used SUV?

If you’re thinking about buying a used SUV, timing can make a big difference. SUVs continue to be among the most popular vehicle types in Canada due to their versatility, higher seating position, cargo space, and off-road capabilities. However, buying one at the right time can save you hundreds—or even thousands—of dollars.Knowing when dealerships are more 

likely to offer incentives or when inventory is high can help you score a better deal. Whether you’re eyeing a compact crossover for city driving or a full-size SUV for family road trips, understanding market trends can work in your favour.

Explore Inventory: https://www.cftauto.ca/inventory/
Sell/Trade Your Car: https://www.cftauto.ca/trade-in-appraisal/
Best Trade-In Value for Your Used Car: https://www.cftauto.ca/how-to-get-the-best-trade-in-value-for-your-used-car/

1. End of the Year – December Deals

One of the best times to buy a used SUV is in December, especially in the last two weeks of the year. Dealerships are often trying to meet yearly sales goals and are more likely to negotiate. You might find special promotions, year-end clearance events, or better financing options during this time.

Plus, new car models are usually released in the fall. As new inventory arrives, dealerships are more motivated to move older used models off their lots to make space.

2. Late Fall – October and November

October and November are also prime months to purchase a used SUV. Dealerships are clearing out inventory to prepare for the winter season. Additionally, many customers begin trading in their vehicles in the fall, leading to more options in used SUV inventories.

This time of year also offers a good balance of selection and pricing—fewer shoppers in the market compared to summer means less competition for in-demand vehicles.

3. Mid-Year Advantage – May through July

Mid-year months like May, June, and July bring a different set of benefits. Many Canadians start car shopping in spring, so used car lots often receive an influx of trade-ins as buyers upgrade to newer models. This means you’ll likely have more SUVs to choose from.

However, due to higher demand in spring and summer, prices might be a little less negotiable than in the winter months. The key here is inventory variety—you may not get the lowest price, but you’ll have access to more makes, models, and trims.

If you’re planning to sell or trade in your current vehicle, this is also a good time to do it while demand is high. You can easily start your trade-in process with this link:
👉 Sell/Trade Your Car

4. Back-to-School Season – August and September

As summer winds down and families gear up for back-to-school, there’s another small window of opportunity. People often upgrade their vehicles to prepare for the colder months and school routines, leading to an uptick in trade-ins.

This can be a great time to find a lightly used SUV with all the family-friendly features—like third-row seating or advanced safety tech—at a more affordable price.

If you’re also looking to get the most out of your current car, check out this guide for tips on getting the best trade-in value:
🔁 Best Trade-In Value for Your Used Car

5. Avoid Peak Buying Seasons (If Possible)

While spring and summer provide more inventory, they’re also the busiest times of the year for car shopping. Prices may be higher simply due to demand, and dealerships might not be as motivated to negotiate.

If you’re not in a rush, consider waiting until demand cools down in the late fall or winter. You’ll likely find better deals, particularly from dealerships eager to hit sales quotas before the year ends.

6. Monitor Holiday Sales Events

Major holidays like Black Friday, Boxing Day, Canada Day, and even Easter weekend can bring temporary sales promotions. Keep an eye out for local deals and online specials from dealerships, as these short-term events can provide steep discounts or financing perks.

Also, dealers often launch limited-time promotions to clear inventory during long weekends. Signing up for alerts from your preferred dealership can keep you informed when these specials go live.

7. Buying Based on Vehicle History and Condition

While timing is important, don’t let it overshadow the quality of the SUV you’re considering. Look at factors like:

• Service and maintenance history

   

• Accident reports
• Mileage
• Ownership history
• Warranty coverage

Even if you buy at the “perfect” time, a poorly maintained SUV could end up costing you more in repairs. Work with trusted dealerships who fully inspect and certify their used vehicles. One way to begin your search is to browse certified used SUVs here:
🚗 Explore Inventory

8. Don’t Forget Financing Considerations

Sometimes the best time to buy is when interest rates are low. Even if vehicle prices aren’t at their lowest, you could save more money long-term with better financing options.

Work with dealerships that offer flexible credit options and pre-approvals. A reputable dealership will be transparent about interest rates, down payment options, and trade-in values—so you can make a fully informed decision.

Conclusion: What’s the Best Month for You?

The best time to buy a used SUV depends on what matters most to you—price, inventory, or trade-in value. Here’s a quick summary to help you decide:

Regardless of the season, doing your research and shopping with a reputable dealership will help you find the right SUV at the right price.

Ready to explore your options?
✅ Explore Inventory
🔁 Sell/Trade Your Car
💡 Best Trade-In Value for Your Used Car