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The Most Useful Video You Will Today: How To Buy A Car, Using Game Theory

April 2, 2012 | 2 Comments » | Topics: How To

Bruce Bueno de Mesquita, author of The Predictioneer’s Game, shares his foolproof method for getting your next car for the lowest price possible.

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  • WinstonSmith2012

    I haven’t used the method discussed in this video, but if it works it would likely be very helpful to do it at the time of year already known to be the best time to buy a car – between Thanksgiving and the first week of January.  Buying then worked very well for me.  Add to the factors in the quote included below the fact that end-of-year taxes are also a big factor for the dealer during that period, the reason for the “first week of January” end point for the best deals.  They want to get cars out of their inventory prior to the end of the tax year:

    “Demand for cars tends to flag at the end of the year. That means
    prices can be attractive, according to a study of seasonal price trends
    compiled by CarGurus. The site based its analysis on its used-car price
    index, with has tracked list prices on roughly 12 million used cars
    since 2010. The index shows that car prices usually hit their lowest average of
    the year in the weeks from Thanksgiving to the first week of January.
    After that, prices rapidly rise, as demand returns with the new year.”

  • http://profile.yahoo.com/IIVL4J7MZUNPCIFZOVLI6GRV7Q Shawn

     No one is safe from slander. The best way is to pay
    no attention to it, but live in innocence and let the world talk.