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Old 12-26-2009, 07:31 AM
 
Location: Reston, VA
887 posts, read 2,830,079 times
Reputation: 435
Default What happens to unsold new cars at the end of the model's year?

Merry the day after Christmas!

When dealerships don't sell all of the current model cars they have on their lots, what happens to them? If a person decided to buy a new car in May 2010, but they wanted a 2009 model (maybe the 2010 model received a complete overhaul and now has bugs that need to be worked out), are those cars still on some car lot somewhere? The cars are not used; they are new, but not the current model year.

Thanks!
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Old 12-26-2009, 08:45 AM
 
Location: Lehigh Acres
1,777 posts, read 2,605,318 times
Reputation: 851
Yes, they are still on the lot, plenty of dealers have plenty of leftovers. Before I left the dealership i was at, i sold a brand new 2007 dodge ram 3500 (it was sept of 09 when I sold it..)
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Old 12-26-2009, 08:46 AM
 
Location: Atlanta
1,948 posts, read 2,115,354 times
Reputation: 2735
I've always wondered what happened to the cars they didn't sell as well.
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Old 12-26-2009, 08:49 AM
 
Location: Phoenix,Arizona
2,805 posts, read 2,436,909 times
Reputation: 1999
A vehicle is considered new until the MSO* is turned
into a title Most dealers will try to move them asap
as they are paying interest on the floorplan.

*Manufacturer Statement of Orgin
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Old 12-26-2009, 08:51 AM
 
Location: Meeami
529 posts, read 1,139,550 times
Reputation: 256
Someone gets a good deal on them. And the warantee starts the day you actually bought it, so you are good to go. When you go to sell it however, its worth less as well, so you have to get a good deal on it if you plan on selling it soonish. For keeping it, they can be good buys, provided its not a model change year.
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Old 12-26-2009, 09:13 AM
 
Location: Purgatory (A.K.A. Dallas, Texas)
5,010 posts, read 7,782,930 times
Reputation: 2263
Sometimes the used car department buys it from the new car department.
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Old 12-26-2009, 01:06 PM
 
Location: Reston, VA
887 posts, read 2,830,079 times
Reputation: 435
Okay, thanks everyone!! About three years ago, I asked this question on a non-car forum and was told the cars were sent to auction. I didn't know any differently and just accepted the answer. However, with reading this forum fairly frequently, I have never read any posts about folks buying new cars that were last year's model from auctions, so I thought I would ask. Thank you!
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Old 12-26-2009, 01:31 PM
 
1,632 posts, read 2,172,593 times
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Years ago I worked on an Izuzu lot and we finally sold an automatic pick up that was 'new' but 3 model years old. I got half the 'bounty' on it, $75.
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Old 12-26-2009, 03:29 PM
 
9,281 posts, read 11,130,268 times
Reputation: 9112
Quote:
Originally Posted by virgo View Post
Merry the day after Christmas!

When dealerships don't sell all of the current model cars they have on their lots, what happens to them? If a person decided to buy a new car in May 2010, but they wanted a 2009 model (maybe the 2010 model received a complete overhaul and now has bugs that need to be worked out), are those cars still on some car lot somewhere? The cars are not used; they are new, but not the current model year.

Thanks!
They sell them at a loss to customers or they send them off to Mannheim.
It is expensive to hold onto all that inventory.
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Old 12-26-2009, 03:32 PM
 
Location: NJ
855 posts, read 1,829,037 times
Reputation: 479
i bought a 2008 Mazdaspeed3 in April 2009 shortly before the 2010 models were about to be released for 5k under MSRP
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