Should I Buy a Car from 2020 or 2021?
Even though the new cars, trucks and SUVs are released throughout the year, most brands will drop their new models around the holiday season. Dealerships (like us at Audi Greenville) face an uptick in inventory with new 2021 models coming in and models from the previous year still in stock. Customers find that the end of the year may have great incentives to buy those 2020 models, but that’s not always the case. So which one would we suggest? Keep reading to learn about your options available to you when purchasing or leasing a new car at the end of the model year:
2020 Models Are Priced to Move
The holiday season sees some of the best incentives of the year: manufacturers are releasing their big sales events, and dealerships are combining them with their own monthly specials to create a once-a-year kind of savings. You’ll see figures like 0% APR financing, holiday cash back options and even $0-down leases. Dealerships are anxious to move their 2020 models off the lot and into a new home as they receive new 2021 inventory, which means it’s a perfect opportunity for you to save on a brand-new 2020 vehicle.
How Long Do You Plan on Owning the Car?
This one is a major deciding factor on which model year to purchase or lease. If you only plan on owning or leasing for a short amount of time, a newer model will have a better short-term trade-in value if you want to upgrade later. But if you plan on driving your model for longer (say, 3-5 years), we recommend going with the 2020 model instead.
When Only the Latest and Greatest Will Do
We get it: There’s just something about the fresh, newly updated technology and safety systems of a 2021 model. If you find the latest features of a 2021 more attractive, it’s probably a better option. Falling in love with a brand-new Audi is something we understand here at Audi Greenville, but keep in mind that for some brands, there may not be much of a difference between 2020 and 2021 models. Do your research beforehand, and always ask our team if you have any questions for us. We’re just a phone call away.
If you're ready to find the perfect new car for you, stop by Audi Greenville at 200 Duvall Drive, Greenville, SC 29607 today. We're proud to serve customers from Spartanburg, Anderson and throughout the Upstate.