Should I Buy a Vehicle from this Model Year or Last?

If you’re on the hunt for a new vehicle during certain times of the year, you’ll find that there are brand new vehicles from two different model years available. That can create quite a predicament in many buyer’s minds, as there are often not many changes between model years. Deciding between newer and newest can be a difficult choice, but here at Bob Richards® Chrysler Dodge Jeep Ram, we’d like to help you in that decision by offering benefits of either the end-of-year model or newest model.

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

The first benefit of buying a vehicle at the end of its model year is pretty obvious. You’re often able to score a great deal. Dealers often offer some of their best deals of the year on end-of-model-year vehicles. Whether it’s 0% financing or cash back options, incentives are not hard to find. From a financial point of view, this may be the best option to drive home happy in a new car, truck or SUV.

Consider How Long You Plan to Own the Vehicle

Purchasing last year’s model might not be for you if you don’t plan to keep your vehicle for long. If you get a new car, truck or SUV every couple of years, you’d probably be better off purchasing the newer model due to its increased trade-in value in the short term. If you plan to keep that vehicle for five or more years, however, the difference in those values becomes negligible. In that case, you should seriously consider the end-of-model-year vehicle.

When Only the Latest and Greatest Will Do

Whether it’s the cutting-edge technology or a slight modification in engine performance, some buyers prefer to drive the latest, newest version of a vehicle. So while you can get great deals on this year’s model, if you’re the type who likes the latest features and newest style, there’s a chance the newer model has the edge when comparing the two vehicles side by side. That said, some vehicles vary only slightly from one year to the next and the differences can be slim to none. So when choosing between this year’s model and next year’s model, talk to the sales professionals at Bob Richards® Chrysler Dodge Jeep Ram to determine what has changed, and then decide if those changes are important to you.

If you’re interested in learning more about the benefits of buying a vehicle at end of model year, visit Bob Richards® Chrysler Dodge Jeep Ram at 1666 Jefferson Davis Highway, Graniteville, SC 29829. 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 Aiken or Augusta, we can help you choose the perfect brand-new vehicle for your particular situation.