Big Savings Available on Discontinued Models
Each year, there are usually a few models that are discontinued for one reason or another.
Usually it means that either the model wasn't selling well, or it's being replaced by an all-new model.
As long as the manufacturer is still in business (unlike Saab), this type of situation can present a great buying opportunity for those still interested in the vehicle.
This week it was announced that 3 models will be discontinued: The 2011 Ford Ranger, 2011 Dodge Nitro, and 2012 Dodge Caliber.
This means production has stopped and the only models remaining are those on dealer lots.
Out of the three, the Ford Ranger is the most popular model being given the axe. More than 7 million have been sold during its nearly 30 year run.
There are approximately 10,000 Rangers remaining on dealer lots across the nation. Right now, you can purchase a brand new base model for 20% off MSRP, or around $15,000!
The 2012 Dodge Caliber will be replaced by the 2013 Dodge Dart, but if you're still interested in the Caliber, the 2011 model is selling for around 17% off MSRP. The 2012 model doesn't have such big discounts however. There are approximately 6,000 vehicles left on dealer lots right now.
As for the 2011 Dodge Nitro, there are 2,500 left on the lots and they're typically selling for 20% off MSRP.
The deals should get even better the longer you wait, but you risk the chance inventory will run too low and you won't have any decent colors or options to choose from.
My Recommendation for Car Shoppers
TrueCar and Edmunds are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About: Gregg Fidan
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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