Car shoppers have long known that they can often buy at lower prices at the end of the month as dealers slash prices to meet sales quotas. Their chances for such deals have been especially strong as 2012 wears on.
New car buyers, shunned by lenders just four years ago, now are benefiting from historically low interest rates and more-available credit, pacing a U.S. auto market that is hovering near pre-recession levels.
U.S. auto sales probably rebounded in June after a slowdown in May, a recovery limited by shortages of vehicles from Toyota Motor Corp. and Honda Motor Co. that led some would-be consumers to put off buying.
U.S. auto sales failed to rebound in August as confidence sank and prospects dimmed for faster economic growth, prompting at least a dozen analysts to lower estimates for light-vehicle deliveries for this year and next.