what happens to all the unsold new cars when a new model year comes out?

Answer 1

You know when there is a big sale at the end of the year or at the very beginning... That is what happens

Answer 2

It depends. There is two things the dealership can do. One is to lease them from the vehicle company and another is they buy the vehicles and then sell them. If they are on a lease, the vehicle company just takes them back, maybe with a fee. Then they are probably shipped to another country. If the dealership bought them, they just put a sale on them, send them to a large auction or leave them on the lot and don't get as many of the next year models of the same kind. Many vehicle companies let you "customize" your vehicle so you just go to a salesperson and special order what you want. For the dealership, this means putting fewer vehicles on their lot because chances are they won't sell those ones.

Answer 3

You'll find that mostly domestic (U.S.) automakers have more left overs, because they overproduce to keep the factories moving at all times, this hurts there value. Look at a company like bmw, and you'll see very few leftovers. We only one 2006 remaining, and it's an m3 convertable. I worked for dodge for many years, i remember one year, we were selling a dodge caravan that was working on two years on the lot. A two year old new car. Chevy has that problem quite a bit.

Answer 4

usually the lot will have a big event like a push pull or drag your old car in deal to encourage you to invest in a newer model. (these events are great if you happen to own a car that you wish to get rid of, say one thats been in an accident over $3000..... no deal is refused after all muh hah ha)

Answer 5

when all the new models start to over croud the lot they usually put a pretty large discount on the older models just to get them off the lot. the buyer gets a great deal and the dealership gets more space on the lot for the new models

Answer 6

They're sold as last year's models. There's no such thing as an unsold car -- they all get sold to someone...

Answer 7

It's the same as with any other product, it goes on sale. Always best to wait until later in the year or early into the following year to get the best price.

Answer 8

You never heard off, "special offer". This also apply to properties; e.g even "HDB" flats; etc. Once this "special offer" is out, you can assure of clearing the stock overnight.

Answer 9

they put them on sale but what the people dont understand that they loose value avery day and even more when there a year old

Answer 10

In the past, I heard that they destroyed them, but I think now that they leave them on the lot to sell.