zzdcar
Home
/
Reviews
/
Buying
/
Is It Still Possible To Get Deals On Leftover Models?
Is It Still Possible To Get Deals On Leftover Models?-June 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
At $2,300, Could This 1979 Toyota Hilux be all the Truck You’ll Ever Need?
At $2,300, Could This 1979 Toyota Hilux be all the Truck You’ll Ever Need?
The seller of today’s Hilux claims it to be ‘stupid clean all around.’ Let’s see if this old hauler’s price makes it a stupid good deal too. Needless extravagance is the ultimate indicator of unbridled wealth. I mean, if you think about it, nobody needs a Faberge Egg, or for...
Jun 29, 2026
Is This 1987 Audi 5000 CS Quattro Turbo Avant Old School Cool Enough to Ask $4,500?
Is This 1987 Audi 5000 CS Quattro Turbo Avant Old School Cool Enough to Ask $4,500?
Station wagon backends are like hats: the jauntier the angle the more fun that’s implied. The angle of the rear glass on today’s Audi Avant is pretty steep and the car looks pretty fun. Let’s see if its price is equally steep and, well, less fun. What’s the one item...
Jun 29, 2026
At $87,500, Could This 2015 Superlite SL-C Turn You Into a Superhero?
At $87,500, Could This 2015 Superlite SL-C Turn You Into a Superhero?
When someone says ‘kit car’ what most people think is ‘dangerously half-assed.’ Today’s Superlite may be dangerous, but it seems far from half-anything. Let’s see if its awesomeness makes it worth its asking. If you’re going to make something different, your goal should always be to make it better, right?...
Jun 29, 2026
This 2018 Study Lists Which Cars People Keep The Longest
This 2018 Study Lists Which Cars People Keep The Longest
Once again, our friends athave compiled the cars that people hold onto the longest. The list is quite different from the data they got last year and has both some predictable entries and surprising rankings. Last year However, this year most of the sports cars are gone except for the...
Jun 29, 2026
The 2019 Mercedes-Benz CLS 450 Is a Glorious Return for the Straight Six Engine
The 2019 Mercedes-Benz CLS 450 Is a Glorious Return for the Straight Six Engine
Back in 2004, Mercedes defined the modern four-door coupe with the very first , which was basically an E-Class intentionally bent out of shape in a tragic styling exercise incident. Now there’s a third generation with an exciting , and it’s a hoot to drive and much easier on the...
Jun 29, 2026
That 'Certified Pre-Owned' Car Might Not Be What You Think
That 'Certified Pre-Owned' Car Might Not Be What You Think
Buying a used car is a great way to get more value for your dollar, and getting a car with a certified pre-owned warranty adds some extra protection. But some dealers aren’t always honest when making claims about their “certified” cars. Here are a couple of instances that should raise...
Jun 29, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved