Here' s Why Now Is The Perfect Time To Buy A 2018 MY Car CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Here' s Why Now Is The Perfect Time To Buy A 2018 MY Car

Here' s Why Now Is The Perfect Time To Buy A 2018 MY Car

Sep. 04, 2018 2:15 PM ET by Jared Rosenholtz Industry News / 7 Comments As 2019 models arrive, dealerships are struggling to sell current inventory. Now is a good time to buy a car, as many dealerships are struggling to get rid of their 2018 inventory as 2019 models arrive. This may be good news for consumers, but it is bad news for automakers who are desperately trying to get rid of 2018 models in order to start selling their 2019 inventory. Automotive News says the issue became particularly bad last year in 2017 and dealerships are facing the same issue this year as well. Lamborghini In the final quarter of 2017, only 46% of new vehicles sold in the US were 2018 models. This number was 73% a decade ago according to Edmunds, so clearly, the issue is getting worse. The issue is even spilling over to the first quarter of the following year. Back in the first quarter of 2017, nearly 20% of all new vehicles sold were year-old 2016 models - that's more than double what it was a decade ago. At the beginning of 2018, Nissan was struggling to get rid of leftover cars and was forced to offer big discounts and pay sales staff a bonus for selling 2017 models. Some automakers are better positioned than others to avoid this issue based on when new models arrive at dealerships. GM, for example, didn't start selling the 2017 Chevy Bolt until December of 2016 and the 2019 Silverado just arrived at dealers in August. Ford is also well-position according to Erich Merkle, the company's head of sales analysis. The 2019 F-150 is already on the road as is the 2019 Lincoln Navigator. "We're in great shape," Merkle said. This situation may be bad for the automakers, but now is a great time to buy a car if you don't mind taking a leftover 2018 model. Mazda

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Chevrolet Silverado 1500 Ford F-150 Lincoln Navigator Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top