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Should You Buy a Leftover 2010 Model?

Leftover Cars Manufacturers introduce new models throughout the year, but autumn remains the official start of the new automotive year.

However, if you're in the market for a new car, you may be asking yourself: Am I better off waiting for new models to come out, or buy a leftover at the end of the season?

The answer is - it depends. Waiting for updated or redesigned models means you'll get the latest safety and convenience features, while updates to engines, transmissions, and technology will likely improve fuel mileage and performance.

On the downside, new models almost always cost more than the ones they replace, and discounts are less likely.

Buying a leftover should save you some money upfront because dealers are likely to negotiate to clear old inventory. However, a leftover new car is a year old the moment you drive it off the lot (you'll lose big on depreciation if you trade every couple of years). And your leftover car is likely to depreciate faster if it's been replaced with a redesigned model for the new model year.

One final thing to consider is reliability. New models tend to have more problems on average than those on the road for a year or more. The last year of a model's production is often the most reliable.

Bottomline: If you intend to keep the car for many years, buying a leftover model makes more sense. If you like trading-in for a new vehicle every 3-4 years, then you're probably better off buying the latest model.

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

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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