Should I Buy a 2020 or 2021 Model? | Lithia Springs, GA
Manufacturers release new vehicles throughout the year, but release most of them toward the end of each year. That leaves dealerships with a glut of earlier model cars, trucks and SUVs, which means they are motivated to sell them to make room for the newer models. This situation presents consumers with a great opportunity to buy a new vehicle at great price.
But there’s still a lot to decide when looking at both model year vehicles, so before you stop by our dealership in Lithia Springs, read about some of the important things to consider when deciding which model year Ford you should purchase. To help you make an informed decision, we’ve highlighted the more notable differences below.
End-of-Model-Year Vehicles Are Priced Aggressively
Dealers are motivated to clear their lots to accommodate new deliveries of the latest model vehicle from the manufacturer. And, as you can imagine, when dealers are motivated to sell, they typically introduce impressive incentives, which could include 0% APR financing, cash back options or large trade-in allowances. In other words, if you buy an end-of-model-year vehicle, you may very well be surprised at how affordable it can be.
Consider How Long You Plan to Own the Vehicle
How long you plan to drive your new Ford should factor into which model year you should purchase. If you purchase a new car, truck or SUV every couple of years, then a year-end model may be less optimal for you because of trade-in values. Trade-in values are generally greater for a newer model in the short term. Eventually, the difference in value becomes negligible, so if you're planning to own your vehicle for five or more years, you may want to strongly consider an end-of-model year vehicle.
When Only the Latest and Greatest Will Do
We all like new things, but some of us really like them. For those people, last year’s technology won’t do; they want the next advancement and the latest innovation. If that describes you, then the newer model will probably suit you more than an end-of-year model. With that said, some models change very little from year to year. It’s not often that a manufacturer completely redesigns or overhauls one of its models. For that reason, it can be difficult to figure out what the actual differences are between model years.
That’s where the experienced team at Lithia Spring Ford comes in. If you’re choosing between a 2020 and 2021 model, one of our sales members will happily go over the differences between the two models for you. We want to make sure you’re happy with the car, truck or SUV you leave our dealership in and understanding the differences between buying an end-of-year model versus the newest model will help ensure that.
If you're ready to find the perfect new car, whether that be a 2020 or a 2021 model, stop by Lithia Springs Ford in Lithia Springs, GA, at 870 Thornton Road, Lithia Springs, GA 30122. We have a large selection of new 2020 and 2021 Ford models, and we look forward to serving our customers from Atlanta, Dallas, Douglasville and Smyrna.