Ok it is the end if the year and a car dealer has 20 cars left unsold for that year. What happens to those 20 cars? Does the dealer change the sticker to the next year or do they sell them to rental companies or send them back to the factory? If they are sent back to the factory what happens to the car then? Is it disassembled and melted down or sent to overseas markets for sale? Also do dealers buy a certain number of cars for each year based off of previous sales?
What do car dealers do with the unsold cars models at the end of each year?
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#1 by FlashDarkness on July 7th, 2011
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Nothing particular happens. They are sold as “leftovers” at a discount from the previous sticker price.
#2 by Scott W on July 7th, 2011
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They sell them just like any other car just they will be more willing to give you a better deal on left over model.They can not change the year from say a 2009 to a 2010 it is illegal.A good sales man will work his tale off to sell you last years model to get rid of them as they will be instructed to do so by there boss.
#3 by Old Man Dirt on July 7th, 2011
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At one time, a car was issued a title based on the year sold. But that was ages ago.
A dealership has to manage its inventory. So do car companies. But these are not like apples that rot or go bad just because they are last years models.
So they sell them at a profit even it at a smaller margin.
#4 by n on July 7th, 2011
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They keep them until they sell.
Rental firms don’t buy from dealers. They buy direct and they buy them when they first come out, not a year later.
A new car is a new car, even 2-3 years later if it hasn’t been sold yet.