If you've been thinking about purchasing a new or used vehicle, the holiday season is the perfect time to do your shopping! CarGurus shows consumers that when buying during the holiday season, they just might receive a much better deal on a used car, instead of waiting until later in the winter or for the New Years holiday sales. What does this mean for consumers who wants to shop for a new car, but also want to give nice holiday gifts to family members and friends?

You can do both.

You might think that purchasing a new vehicle means that you'll have to go without shopping for a lot of other holiday gifts. You can plan wisely, and budget your holiday spending so that you can make all of the purchases you need to make for gifts, and still be able to purchase your new vehicle.

If you'll be putting a down payment down on a new car, start saving ahead of time. If a new car isn't in the cards for you this holiday season, start saving now, and plan to make your purchase when the holidays roll around next year. This time of year, there are plenty of sale options available, and with a good down payment, you'll be on your way to driving your new car in no time. Saving for the down payment might be the hard part, but if you put aside on average of $30.00 - $50.00 a week and save it up for a down payment, you'll have what you need in a year's time. That may seem like you're giving up a lot, but in reality, it's probably equal to what you might spend on a couple of meals out, or one nice meal out with the family each week. Eat at home, and put that money aside for your down payment.

When it comes to spending on holiday gifts, shop smart by shopping through the year. Don't wait until Black Friday to start your holiday shopping. There are so many fantastic sales through the year on everything from sporting goods and toys to home decor and clothing. Start picking up gifts when you see them on sale, no matter what time of year it is. Put a tag on the gift, and then stash it away in a designated gift closet at home. When Christmas rolls around, you'll have lots of gifts already purchased, and you'll probably save money, too. You can keep your Christmas spending in check with this handy budget tool from Southern TradeMark.

Look for free local events for your family to enjoy during the holidays. Tickets to holiday events can add up, but your family can still enjoy the festivities by finding free events. There's the Winter Wonderland II Event coming up December the 3rd, presented by Herzing University Brookfield Campus. The free holiday event will feature:

Pancake Breakfast * Pictures with Santa * Raffle Prizes * Games * Cookie Decorating * Holiday Movies * Chair Massage for parents * All Free and All Fun!

Event lasts from 9 am to noon.

Your holidays will be much brighter with a new vehicle for your family to enjoy. So many memories are made on trips, or during car travel. Add to the magic of the season with a new car. Start saving now, and you just might be in your new car for Christmas!

Brought to you by Lynch Chrysler Dodge Jeep Ram.