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

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

New models of vehicles are released throughout the year, but most commonly in late summer or fall. Dealers try to sell off this year's model before they begin offering the latest version. No matter when next year's vehicles roll out, there is a bounty of brand-new, end-of-year-model cars that need to be sold. For example, a dealership might receive its 2019 model-year vehicles in August while there are still plenty of 2018 model cars for sale.

This situation can work to the car buyer's advantage, since dealers want to sell end-of-model-year cars as fast as they can. But purchasing a vehicle at the end of its model year isn't for everyone. Keep reading to learn what you should consider when deciding between this year's model and next year's model.

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

The main benefit of buying a vehicle at the end of its model year is the fantastic specials. You hear about these specials on the radio and TV, and read about them in the paper. Dealers often offer the best perks of the year on end-of-model-year vehicles. They might provide 0% financing, cash back options or other incentives. This could be the best opportunity to turn your dream of buying a new car, truck or SUV into a reality.

Consider How Long You Plan to Own the Vehicle

Buying last year's model could be the wrong decision if you don't plan to own the vehicle for long. A newer model will have a higher trade-in value over the short term, making it a better investment if you get a new car, truck or SUV every couple of years. The difference in trade-in values won't matter if you keep your vehicle for five or more years. In that case, you may want to pick the end-of-model-year vehicle.

When Only the Latest and Greatest Will Do

Whether the newest thing is a slight modification in engine performance or cutting-edge technology, some drivers just have to have it. You may want to buy a newer model if you like the newest features and latest style. On the other hand, you can get incredible savings on an end-of-model-year car. Plus, some vehicles barely change from one year to the next. The sales professionals at Hunter Hyundai can explain what has changed between this year's version and next year's version and then help you decide if those changes are important to you.

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To leIf you’re interested in the benefits of buying a vehicle at end of model year, stop by Hunter Hyundai at 2520 Asheville Highway Hendersonville, NC 28791. We have a great selection of this year’s models and next year’s models on our lot. And if you’re in Hendersonville, Asheville, Canton or Saluda, we can help you choose the perfect brand-new vehicle for your lifestyle.