2024 Unsold Unused Cars: Clearance Sale
5. Pros and Cons of Buying Clearance Cars
Pros:
- Lower Prices: Clearance sales offer some of the year’s lowest prices for brand-new cars, allowing buyers to maximize value.
- Factory Warranty: Despite being discounted, these vehicles are new and come with full factory warranties.
- Financing Options: Many automakers offer special financing on clearance vehicles, which can make owning a new car more affordable.
Cons:
- Limited Selection: As inventories dwindle, the selection of colors, trims, and optional features becomes more limited.
- Potentially Older Technology: Newer models may have additional tech features and improvements, so a 2024 model could be slightly behind in tech compared to a 2025 version.
- Depreciation: Clearance vehicles may face a steeper depreciation curve, especially when compared to the latest model year.