5 reasons to buy a model year end vehicle

Aug 25, 2016

This is the time of the year that kind of leaves car buyers in limbo. Next year’s models are arriving on the lot, but this year’s models are still available. So which is the right choice when shopping for a new car? Well that depends on what you’re priorities are. There are plenty of reasons to opt for the next model year, but what about those current model year vehicles? We have 5 reasons why you should consider buying a model year end vehicle.

They’re still new vehicles. Sure a “newer” model may have arrived, but the very definition of a new vehicle is one that is not used. So, without a previous owner, this year’s car is just as new as next year’s.
The model year end closeout sale. Model year end closeout sales offer favorable interest rates and a sale price or rebate as an incentive. When all the dealership commercials are saying, “we’ve got to make room for new inventory,” you can hold them to it with their model year end closeout.
Seasonal incentives. If you miss the model year end closeout sale, there are often seasonal sales or incentives to make this year’s model that much more attractive. For example, the “Summer Sale Event” at Southwest Volkswagen offers $1500 and 0% interest for five years on remaining 2016 Jettas. The offer adds an additional $1000 Volkswagen bonus as well.
Loyalty incentives. If you are the type of person that knows what you like and you replace your vehicle with a newer version of the same vehicle, you can often find trade-in incentives on your current vehicle.
Financing incentives. This time of year, you can normally find great interest rates on outgoing new models. For example, with Southwest Volkswagen’s model year end closeout, highly qualified customers can be eligible for 0.0% APR, if they finance through Volkswagen credit.

While the newest cars on the lot may be what immediately turns your head, it is important to remember that your car buying dollar could go further by sticking with a new car from the current model year.