Yes, you can absolutely buy brand new "old model" cars. These are typically referred to as carryover models or prior-year vehicles that dealers need to clear from their inventory to make room for the new model year. The primary advantage is significant cost savings, as dealers are highly motivated to sell these cars, often offering substantial discounts, rebates, and attractive financing rates. However, the trade-off is that you're buying a vehicle that may have outdated technology, styling, or features compared to the latest version.
The best time to find these deals is typically in the late summer and fall, just as the new model-year vehicles are arriving at dealerships. Your selection of colors, trims, and options will be limited to whatever is left in stock. It's crucial to research the specific changes between the model years. For example, a new 2023 model might be a fantastic bargain if the 2024 version only received a minor grille update. But if the new model introduced a much more fuel-efficient engine or a major infotainment upgrade, the older model's value drops considerably.
When negotiating, focus on the Out-the-Door price, which includes all fees and taxes. Don't be swayed by a large discount off the MSRP if hidden fees are added back on. Also, confirm the vehicle's in-service date for warranty purposes; the factory warranty starts from the day you purchase it, not the model year.
| Advantage | Disadvantage |
|---|
| Lower purchase price | Outdated technology & design |
| Stronger negotiating power | Limited choice of colors/trims |
| Potential for better financing deals | Potentially lower resale value |
| Well-known reliability (no first-year issues) | May lack latest safety features |
Ultimately, buying a brand new old model is a smart financial move if you prioritize value over having the absolute latest features.
