When next year's models arrive, the remaining current-year vehicles immediately become "leftovers".
As a last resort, dealerships will cut their losses and ship the car off to a dealer-only wholesale auction like those hosted by CarMax Auctions . overstock car buying
Because dealerships pay interest on the loans used to stock their lots (known as floorplan interest), holding onto overstock inventory for more than 90 to 120 days costs them substantial money every month. This creates a massive leverage point for educated buyers. When next year's models arrive, the remaining current-year
Strict lending standards can cause market demand to drop quickly, leaving dealers with full lots. What Happens to Unsold Overstock? This creates a massive leverage point for educated buyers
Automakers or dealerships overestimate the local demand for a specific model, trim, or color.
Finding these vehicles requires a shift in how you search for cars online. Focus on "Days on Lot"