zzdcar
Home
/
Reviews
/
Buying
/
Is It Still Possible To Get Deals On Leftover Models?
Is It Still Possible To Get Deals On Leftover Models?-September 2024
2024-02-19 EST 22:09:29

Image for article titled Is It Still Possible To Get Deals On Leftover Models?

As Jalopnik’s resident car-buying expert and a professional car shopper, I get emails. Lots of emails. I’ve picked a few of your questions and will try to help out. This week we are discussing deals on “leftover” models and a GT500 purchase.

First up, can buyers still find deals on leftover cars?

“Usually this time of year you can get a great deal on a leftover model year car because dealers want to clear them out for the new models coming in the fall? Is this still possible? It seems like no one has inventory so no one has any deals.”

Typically late summer is one of the best times to buy a car because automakers and dealers want to move out their previous model year cars to make room for the next model. The issue, as you mentioned, is that there is plenty of room on the lots because almost every dealer is desperate for inventory. I was recently shopping for a 2021 (leftover) Honda Civic in the Philadelphia market. Two of the biggest dealers in the region had $3,000 markups on their ‘21 Civics. Both said that Honda told them not to expect any more Civics until November. So if you are shopping for popular models like Civics, RAV4s, Foresters, and the like chances are there aren’t any “leftovers” to begin with.

However, within that same market, I noticed that 2021 Buick Encores were being advertised with discounts upwards of $3500 off the MSRP and inventory was fairly plentiful. On the upper end of the market, I’ve seen leftover Genesis G70 models advertised with discounts of $5,000 and more. So if you are open to brands that aren’t as popular right now there is still a chance of scoring a decent discount on a leftover model.

Next up we have a multi-part question regarding a GT500

“Looking into a Ford Mustang GT500 and I currently own a 2018 Alfa Romeo Giulia QV. I was looking to upgrade to something with better aftermarket support as a European car is difficult to get parts for as well as limited local dealers for warranty repairs.

My questions are:

1. What’s the chances of being able to drive one, as a good summer time daily driver and it’s subsequent ride are important to me? (The dealers are pretty proud of them at the moment from the one that I called.)

2. Do you think I can get one for MSRP (below (gasp)) or is the market too hot right now?

3.Would ordering one increase my chances to get a better price?

4. Since this is a specialty model, would you have any insight on dealer allocation?

5. What’s interest rates on loans look right now? I have very good credit but I am not looking to finance the whole amount as I want a lower car payment.”

The first question is tough to answer because it really comes down to how the car feels to you. How the Mustang compares to a luxury car is a different story. Obviously, the best way to find out is a test drive, but getting some wheel time may be a challenge.

With regard to pricing and allocations, I would say your best case scenario is that you get one at MSRP as most dealers would be marking these cars up even if we didn’t have the inventory mess. Ordering a car doesn’t give you any real leverage on price as this would likely be an order anyway—assuming you can even get a build spot. The time to get on the list was when the car was first launched so at this point you may be out of luck.

In terms of interest rates, Ford typically doesn’t offer any special financing on GT500s, but you can get a sense of where the APRs are for new cars via any number of online banks.

Got a car buying conundrum that you need some assistance with? Email me at [email protected]!

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
Will $17,995 for an ‘84 Volvo 240 Turbo pass your moose test?
Will $17,995 for an ‘84 Volvo 240 Turbo pass your moose test?
was a site that was all about the fast Volvos. It's pretty much gone, but today's Turbo 242 is still here, and at a price that could mean it may not be going fast. Yesterday's lacked its contemporary brethren's Raphaelesque proportions. And possibly because of that, 60% of you ascribed...
Sep 12, 2026
The seven kinds of crappy car reviews
The seven kinds of crappy car reviews
All auto writers, even those of us here at Jalopnik, have sometimes been guilty of turning out crap car reviews. And when a review fails, it's likely because it falls into one of these seven, fail-encrusted categories. Who has time to enjoy the fine wines and aged steaks that cap...
Sep 12, 2026
For $5,500, join sorority Bimmer Emma Dubbya
For $5,500, join sorority Bimmer Emma Dubbya
The seller of today's 318i convertible claims that it is more rare than the more motor 325i. Still, it may be more desirable because it goes more miles per gallon, but is its price more than you'd be willing to pay? BMW is the ultimate driving machine, or at least...
Sep 12, 2026
For $5,999.99, trade in your Chevy for a Cadillac-ac-ac-ac-ac
For $5,999.99, trade in your Chevy for a Cadillac-ac-ac-ac-ac
Upon its introduction, Cadillac's Seville was the brand's most expensive standard model, albeit also their smallest. Today's '78 shows why size does matter, but will you find that extends to its price? Size was at issue yesterday, as the wee motor in the convertible we ruminated over, was deemed too...
Sep 12, 2026
For $139,000, Defend the realm, save on gas
For $139,000, Defend the realm, save on gas
Despite common thinking, you needn't have to trade Rubicon-ability for good fuel economy, as today's diesel Defender proves. You might however, need to be an oil company exec to buy it. Time heals all wounds, and while 60 years ago we may have been at war with Japan and Germany,...
Sep 12, 2026
For $12,000, I sing the Porsche electric
For $12,000, I sing the Porsche electric
For the ultimate in avoiding high pump prices, you can go electric, however new battery-powered cars from Tesla and Fisker are pretty costly. Today's electric 914's price proves that needn't be the case, but is it still shocking? The British never had a robust space program, and seemingly to make...
Sep 12, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved