Should I Buy a Vehicle from this Model Year or Last? | Hendersonville NC | Near Asheville, Waynesville & Spartanburg

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Should I Buy a Vehicle from this Model Year or Last in Hendersonville, NC

New model vehicles are released throughout the year, but most arrive in late summer or fall. Dealers try to sell all of this year’s model before they offer the latest version.

Whenever next year’s vehicles launch, there is an abundance of brand-new, end-of-year-model cars that need to be sold. For example, 2019 model-year vehicles may arrive at a dealership in August while many 2018 versions of the same car remain on the lot.

Dealers want to sell those end-of-model-year vehicles as soon as possible, and this can work to a car buyer's advantage. But purchasing an end-of-year-model vehicle isn’t for everyone. Keep reading to learn what factors to consider when buying a car at the end of model year.

End-of-Model-Year Vehicles Are Priced to Move

Great offers are a perk of buying a vehicle at the end of its model year. Dealers often offer some of their best specials of the year on end-of-model-year vehicles. Newspaper, radio and TV ads tell customers about incentives like 0% financing and cash back options. With all the savings, this may be the best time to drive off in a new vehicle.

Consider How Long You Plan to Own the Vehicle

Purchasing last year’s model might be a mistake if don’t plan to own it for long. A newer model has a higher trade-in value in the short term, and is therefore a better investment for drivers who get a new vehicle every couple of years. The difference in trade-in value doesn’t matter if you plan to keep your vehicle for five years or more. In that scenario, definitely consider the end-of-model-year version.

When Only the Latest and Greatest Will Do

Some drivers crave the newest features, whether it’s a slight upgrade in engine performance or cutting-edge technology. If you care about the latest style and features, you may want to purchase a newer model. But some vehicles hardly change from one year to the next. The sales professionals at Hunter Nissan can tell you what has changed between this year’s model and next year’s model and help you decide if those changes are important to you.

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If you’re interested in learning more about the benefits of buying a vehicle at end of model year, visit Hunter Nissan at 1340 Spartanburg Highway, Hendersonville, NC 28792. We have a large selection of this year’s models, as well as next year’s models, on our lot. And if you’re in Hendersonville, Asheville, Waynesville or Spartanburg, we can help you choose the perfect brand-new vehicle for your lifestyle.

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