With fall approaching, many car dealers are beginning to role out their 2011 models. Automakers have been releasing new models of cars in the fall since the 1930′s. While in today’s era carmakers sometimes release cars at other points in the year, September still marks the official beginning of the automotive new year. Still, many dealers still have plenty 2010 models in stock. So, this begs the question: should you buy a 2010 or 2011 model?
Why you should get a 2011 car? That 2010 new car is a year old the moment you drive it off the lot. It does not matter that you did not drive it that much. If you are the type that likes to trade your car every few year, you could loose a bundle on depreciation. Worse yet, if the 2011 model is a complete new redesign, then your 2010 is likely to depreciate even faster. Also, if the car has been redesigned, then you are likely to miss out on a lot of new features.
Why you should get a 2010 model car? If you a buy a 2010 model then you are likely to save a lot of money up front because dealers want to get rid of old inventory. You are less likely to get the discount on 2011 model even if little has changed from the previous year. Also, a 2010 model car will come with a full warranty. You should also keep in mind that redesigned models often have more problems on average than those that have been on sale for a year or more.