Halloween an ideal time to find discounts on cars

If car buyers are in the market to buy a new vehicle and want to find the best deal possible, a new survey indicates that there are a considerable number of discounts in the days just prior to Halloween.

Web-based automotive marketplace TrueCar.com reports that October 29 is a prime time to purchase a vehicle, as dealers trim their prices by more than 9 percent from the manufacturers suggested retail price around that time.

"Halloween weekend is the best time to buy a car this month," said Jesse Toprak, vice president of industry trends and insights for TrueCar.com. "Consumers should do their homework before buying a car and with average discounts above nine percent, it's one of the best times to buy a car this year."

While the discount average will be in the single digits, the automotive website says several 2011 and 2012 models will see prices cut by more than 20 percent. For instance, the 2011 Nissan Titan will likely sell for an average of $22,350 and the 2011 Chevrolet Silverado 1500 will average $17,527, both 21 percent less than their MSRP.

In order to obtain low-interest financing offers, consumers usually have to have very good credit. By paying for bills on a consistent basis, consumer can help ensure their FICO scores stay in a healthy range.