Get a Great Deal on Departing Vehicle Designs
Vehicles redesigns and sales are on the upswing, which means you can get a bargain on outgoing models.
If you're the type of consumer who forgoes wearing the latest fashion or getting your hands on the hottest new gadget and instead prefers to pick up less trendy products at a discounted price, now is a great time to shop for a new vehicle.
Redesigns are proliferating as automakers rebound from the recession and years of declining sales -- and for bargain shoppers who care little about owning the latest body style, deals can be found on models that are scheduled for a refresh.
Before newly redesigned vehicles hit dealer lots this fall, automakers are looking to unload last year's models, according to Kelley Blue Book. This means new-car shoppers will have an abundance of competitive offerings available in nearly every vehicle segment.
"Many shoppers are simply looking for the best deal available," says Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book, in a press release. "Vehicles typically are redesigned on a five-year cycle. Being aware of which models will soon be redesigned is a good way to get a new car and still keep some of your money in the bank."
Which long-in-the-tooth vehicles should you look for?
According to Kelley Blue Book, the Ford Fusion, Nissan Altima and Chevrolet Malibu are available with more than $4,000 in savings after rebates. The Nissan Sentra and Toyota Corolla also are expected to be redesigned sometime in the next year and are available at more than $2,000 off the sticker price.
The Nissan Xterra, one of the few truck-based SUVs still available, will receive a full redesign in the coming months. So Nissan is offering deals of more than $5,000 below sticker price to move as many 2012 model-year vehicles as possible before the redesigned model’s debut.
So if you’re willing to put up with last season's look, you can get a great bargain on a brand-new vehicle. And when the new model pulls up next to you at a stop light, your vehicle may be less up-to-date -- but you'll know your bank balance is better off.
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