Toyota

Should I Buy a Vehicle from this Model Year or Last in Lansing, MI

New models are released by manufacturers throughout the year, but most are released during late summer or fall. Because dealers know this, they want to sell as many of this year's models as they can before offering the next year's model.

Despite the arrival of next year's vehicles, the surplus of end-of-year models needs to be sold as soon as possible. For example, a dealership might receive the 2019 models in August while there are many of the 2018 models still available.

For car buyers, this can be a a great time to find a new vehicle because dealers want to sell the end-of-model-year vehicles as soon as possible. But this might not be the best option for everyone. Keep reading to find out if buying a new car at the end of its model year is the best choice for you.

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

The best part about purchasing a vehicle at the end of its model year is the amazing specials and incentives offered. Some of the greatest offers of the year can be found on end-of-model-year vehicles, whether 0% financing or cash back. Financially, this is likely your best chance to find a new car, truck, or SUV.

Consider How Long You Plan to Own the Vehicle

If you don't plan on driving your car for a lengthy amount of time, you may not want to invest in a end-of-model year vehicle. If you typically buy a new vehicle every few years, it might benefit you more to buy the latest model because of its increased trade-in value in the short term. However, if you plan on driving a new vehicle for five years or more, the difference in those values becomes trivial. If so, the end-of-model-year vehicle is probably your best option.

When Only the Latest and Greatest Will Do

You may prefer to buy the latest model for its advanced technology or upgrade in engine performance. Even though incredible savings may be offered on end-of-year models, if the latest features and newest styles are appealing to you, you may be happier with the newest version. The latest version will likely take the lead when compared to the end-of-model-year version. However, some vehicles alter very little from one year to the next, and the changes may be small. So if you're trying to decide between buying this year's model or next year's model, talk to the sales professionals at Spartan Toyota to find out what those changes are so you can decide if they make a difference in your decision.

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To learn more about the benefits of buying a vehicle at the end of its model year, visit Spartan Toyota at 5701 S. Pennsylvania Ave. Lansing, MI 48911. 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 Williamston, DeWitt, Jackson, Brighton and Mount Pleasant, we can help you choose the perfect vehicle for you.


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