All good things must come to an end. And sometimes, that includes vehicles.
When a car manufacturer feels that a particular line of vehicles has run their course, they’ll retire them for the next model year. There’s no universal reason why this happens. Sometimes a vehicle is made obsolete by a similar vehicle in a manufacturer’s lineup. It’s also possible that a vehicle just didn’t sell well enough. But regardless of these reasons, a discontinued vehicle can wind up turning into a great deal for the right driver.
Since many discontinued vehicles can be offered at massively discounted prices, it’s important to decide whether or not a discontinued vehicle is still worth your hard earned cash at the dealership. Let’s discuss the facts and the myths surrounding discontinued vehicles.
For most drivers, the fear of a discontinued vehicle breaking down in the future is a top concern. If a part breaks down and there’s no way to replace it, your vehicle could be rendered undrivable in a worst case scenario. Fortunately, this is not the case for many recently discontinued vehicles.
As a rule of thumb, major car manufacturers will support a discontinued car for many years down the line. This not only includes maintenance, but replacement parts as well. Since many car manufacturers use similar parts across many of their vehicles, the upkeep here is easier than you’d think.
For older discontinued vehicles, the prospect of owning one becomes a bit riskier. Some car manufacturers – such as Saab – are either defunct or no longer operate within the United States. Without any official venues to turn to for repairs, your vehicle could wind up defunct after a single nasty breakdown.
The only other major consideration with buying a discontinued vehicle is its long term value. If you plan to resell your vehicle in the future, you might find its value to be a bit lower than its in-print contemporaries. There is also a chance that your vehicle could actually jump in value in the future if its winds up being an popular vehicle with enthusiasts. But unless you have uncanny psychic powers, you shouldn’t bet on this scenario.
From here, the pros and cons of discontinued vehicles will vary between each automobile. As mentioned at the top, discontinued vehicles can turn into huge savings for you as dealerships are trying to get them off their lots. While some vehicles may be discontinued for technical reasons, others are perfectly good vehicles that offer all the modern amenities you expect.
If you’re not especially car savvy and are worried about getting a lemon, the best thing you can do is talk to your car salesperson. If there’s any reason at all that you shouldn’t get a certain vehicle, I’d be more than happy to point you towards another vehicle that you can drive with a healthy peace of mind. So definitely ask about a great looking discontinued vehicle, and drive off the lot with something that you can rely on for years to come.