Car makers can't sell every car they make every year so where do new cars go that do not get sold by dealers?

Question

Is there a place that one could buy a new car from 2003 or 2004?

Answer 1

We sell everything we have , & the new models start showing up in the spring so if you wait till fall for "model year-end clearance" sales you won't have much of a selection.

Answer 2

Dealers have to buy the cars that they have on the lot. Most of them borrow money to pay for them. The pay interest on the money, so they do not want cars sitting around.

If a car does not sell in the current model year, they will do everything they can to move the vehicle. The sales force is offered bonuses to sell the leftovers, and the prices are reduced. If a customer has marginal credit, the dealer may sign what is know as "recourse" on the loan (which is like the dealer cosigning), but only if the customer purchases the vehicle that they want to sell.

You will not find a 2003 or 2004 unsold vehicle!

Answer 3

New cars are not produced during the year like most think. They begin production around November on a new model and quit making it in late may.

This way if the model is ending, they are not stuck with over stock for end of the year sales.

If the model is going to continue into the next year then they scale back production so that they don't have to shut down the plants in may and allow them to run until the following November.

There are no cars left over from previous years just sitting around. Good example of this would be Chevy when they changed over the model from the Cavalier to the Colbalt. Since the Cavalier had ran for almost 7 yrs as the same model they had a ton of left over cars even though production was halted many months prior.

Chevy then did a Cavalier sale and every month they kept dropping the prices on them until they all sold off. My younger brother looked at one when they were down to $6300 for a brand new car.

Car makers have millions and even billions invested in their product....trust me they do not have left overs laying around.

Answer 4

Nope. At that point, they're all used. Dealers offer all kinds of incentives and, believe it or not, last year's models are either shuffled from dealership to dealership as demos, used as company cars for employees, or leased at a reduced rate. If you can find a good demo, however, the mileage is usually pretty low and they haven't really been "owned" by anyone but the dealership. You might get a better deal on that than a used or previously leased vehicle.

Answer 5

there is an old asserting in retail, "there's a butt for each seat". each vehicle ultimately sells to somebody. often times that's on fee, often times sellers tension them slightly and lead them to demos, etc. additionally, the production facility often keeps including incentives on previous 12 months fashions till a minimum of March, longer if there is rather an excellent furnish. interior the top they are all long gone!

Answer 6

it's called GM employee discount. It's how they clear out the inventory. Eithor that, or they export the cars to developing nations and sell them for cheaper

Answer 7

I agree. They probably get sold to Hollywood, donated, or actually bought by the consumer....eventually

Answer 8

they get left at storage facilities, mostly outdoors, then discounted as new models the next year (or the year after) How else could you get a F150 for $16,500? discount?

Answer 9

Maybe they sell them to movie makers to wreck and blow up!!

Answer 10

havent you heard of end of the year sales or tax sales???