Should I Buy a Vehicle from this Model Year or Last? | Dry Ridge KY | Near Florence, Cincinnati & Lexington

Toyota

Should I Buy a Vehicle from this Model Year or Last in Dry Ridge, KY

New models of cars are released throughout the year, but most of them go on the market in late summer or fall. With this fact in mind, dealers try to move this year’s model off the lot before they start selling the latest model.

A fleet of brand-new, end-of-year model vehicles need to be sold whenever next year’s cars arrive. For example, new 2019 models may arrive at a dealership in August while the lot still has plenty of 2018 model-year vehicles available.

Car buyers can score special offers from dealers who want to sell end-of-model-year vehicles as fast as possible. But an end-of-year model isn’t the right choice for everyone. Not sure if you should buy a new model vehicle or last year’s version? Keep reading to learn what you should think about when making your decision.

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

Finding incredible savings is the big upside to buying a vehicle at the end of its model year. You can find some the finest offers available on end-of-model-year vehicles, a fact that dealerships advertise in the paper, on the radio and on TV. Incentives like 0% financing or cash-back options are readily available. Financially, this may be the best opportunity to drive away in a new car, truck or SUV.

Consider How Long You Plan to Own the Vehicle

If you don’t plan on keeping your car, truck or SUV for long, purchasing last year’s model may not be right for you. If you get a new vehicle every couple of years, you might want to consider purchasing the newer model, which has higher trade-in value in the short term. On the other hand, if you plan to keep your vehicle for five years or more, the difference in trade-in values isn’t important, so the end-of-model-year vehicle could be for you.

When Only the Latest and Greatest Will Do

Some drivers just have to have a car with the newest everything, whether it’s the latest style, new technology or a slight upgrade in engine performance. If that sounds like you, you might prefer the latest model even if the end-of-year model costs less. But keep in mind that some cars barely change from one year to the next. Sales professionals at Marshall Dry Ridge Toyota will be happy to explain what sets next year’s model apart from this year’s model and help you decide if those differences are important to you.

Toyota

If you’d like to know more about the perks of buying a vehicle at end of model year, visit Marshall Dry Ridge Toyota at 9 Taft Highway, Dry Ridge, KY 41035. We have a great selection of both next year’s and this year’s models on our lot. If you’re in Dry Ridge, KY, Florence, Cincinnati and Lexington, we can help you choose the perfect brand-new vehicle for your lifestyle.

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