Every year, older cars get discounted when new models arrive. But sometimes, certain models see unusually big discounts and incentives. And that’s what’s being predicted for the year ahead.
With the arrival of 2019, a host of brand-new cars will go on sale – and some of these models are longtime driver favorites. Here’s what you need to know about the cars that’ll see big discounts next year.
Big Discounts Are Ahead on GM Cars
Recently, GM announced that big changes were in store for the popular American automaker. CNN reported that, after facing slow sales, a lack of interest in certain models, and rising costs, GM will be closing a number of its U.S. plants in 2019.
If you aren’t really concerned with this news from GM, you should be. These plant closures mean there’s good news coming for car buyers.
Automakers are always trying to make sales and move new cars off dealership lots. But when sales slow down and cars spend months – or even years – sitting on dealers’ lots, automakers start losing money. Without sales, they wind up with millions of dollars in unsold, aging inventory. And this often results in auto companies taking drastic actions to make a sale at any price.
And that’s exactly what’s happening with GM. Over the last few months, Motley Fool reports, GM has reported sales declines in double digits. GM’s biggest moneymakers, pickup trucks, have seen sales slip by over 12 percent in the last quarter – and trucks aren’t the only models sitting around unsold. Sedans are also failing to attract any buyers.
As sales continue to fall, GM is desperate to make money. That’s why the automaker is making waves. In addition to eliminating some of its plants, the company is also getting rid of a number of its popular models. This means in 2019, you’ll no longer be able to buy some of the models you know and love.
But it also means that you’ll be able to get incredible deals on those same models. Thanks to this news from GM, you’ll see huge discounts, great incentives, and limited-time pricing that makes getting behind the wheel of a discontinued car cheap.
Which GM Models Will See Discounts?
Reuters reports that some of the most popular cars from GM’s brands will no longer be produced or sold by spring 2019. And there are some big surprises when it comes to which cars won’t be coming back.
Jalopnik has released a list of the GM cars you won’t be able to find at dealerships next year:
- Buick LaCrosse
- Cadillac CT6
- Cadillac XTS
- Chevrolet Volt
- Chevrolet Impala
- Chevrolet Cruze
- Chevrolet Silverado (previous generations)
- GMC Sierra (previous generations)
While pickup trucks are one of the most popular vehicles on the road today, you won’t be able to get any generations of the GMC Sierra or Chevy Silverado after 2019. And the popular Chevy Volt, which is GM’s hottest electric car, is also disappearing. Sedans are out across the board at Buick, Chevrolet, and Cadillac, meaning there will be fewer sizable options available in the future.
Fortunately, these cars are on dealers’ lots right now. And if you take action before production ends on these models, you could save significantly. Dealerships are already offering deals at rock-bottom prices ahead of 2019’s closures.
You Can Find Great Discounts Right Now
It may be a few more months before GM stops production on these models, but if you’re in the market for a new car, you need to start shopping now. Prices are already falling on these brand-new cars, and dealerships are taking action to make a sale at any price.
One mistake you don’t want to make is hoping – and waiting – for a “fire sale.” Jalopnik reports that there likely won’t be any kind of clearance, closeout special, or fire sale because sales are already slow. Right now, no one is buying the cars that GM is giving the axe next year. So, in an effort to move these model, clearance sales are already happening – with deals like $10,000 off – on these models.
Right now, dealers are getting close to rock-bottom prices. On every car, there’s a price that the dealership truly can’t go any lower than. And when that price is reached, you won’t find a better deal. Rock-bottom prices can already be found at GM-owned dealerships across the country. And if you find a new car for significantly less than the dealer’s invoice price, you should know you’ve found a steal on the sale price.
How to Get One of These Unique Deals
If you’re car shopping on a budget or simply want to get a new set of wheels for less, now’s the time to act. You could save thousands of dollars on a brand-new GM car – and you don’t have to wait until next year.
Discounts are available thanks to vehicle models that have been sitting around on dealership lots throughout the year. And now, as GM prepares to have even more unsold cars over the next year with falling sales continuing, prices are also falling in order to attract buyers.
Before settling on which car you’ll buy and a final price, though, you should take the time to do your research. Because these vehicles are disappearing soon, dealership deals won’t stick around. And these deals can change fast.
In order to get the lowest price possible, you need to search online to see what deals are available in your area. Online, you can easily compare different offers from different dealerships and see which prices are lower on the model you’re looking at. Then, you’ll be prepared to make a decision – and to let the dealership know that you’ve found competitive pricing, which might help you negotiate an even better discount.