Why You Should Opt For A 2021 SUV Model in 2022
When buying a new car, you want the most up-to-date model available. However, many new automobile buyers are unaware that the most recent model year generally contains relatively few changes. You could get all of the same features in a new SUV from the prior model year for a far lesser price.
SUVs are now more inexpensive than ever before, thanks to an uncertain economic future and the present worldwide pandemic. Dealerships are faced with the challenge of clearing room for the new 2022 models due to an overabundance of unsold inventory. It is fantastic news for internet shoppers who can now get the finest deals on a new SUV. Car dealerships are providing buyer rebates and significant reductions off the sticker price as they look for new methods to offload their excess inventory.1
Instead of looking at 2022 SUV models, consider a 2021 SUV. Prices are lowering as dealerships rush to clear out unsold inventory before the end of the year. You might also be able to get a great bargain on a new 2021 SUV.
SUVs From The Last Have The Same Features For A Lower Price
Consider the most recent model year to be the most up-to-date SUV on the market. That is sometimes accurate, but more often than not, it is the same as the current model year.
While new models are introduced each year, the vehicles themselves are rarely modified. That’s because every automaker adheres to the “model cycle,” a six-year period that decides when an SUV receives a significant update or a fresh new design, according to AutoTrader.2 What happens each year of the model cycle is as follows:
- Years 1 and 2: The vehicle remains unchanged.
- Year 3: The model has a makeover. With a few tweaks, new technology, and occasional styling improvements like new paint colors or headlights, this is a discreet update to keep the SUV’s design fresh and current.
- Years 4 and 5: No adjustments are made.
- Year 6: It’s time for a remodel. The entire SUV is updated, and in some instances, a completely new vehicle design is introduced. Everything has been redesigned, from the engine to the interior to the chassis.
Based on this cycle, many cars remain unchanged from model year to model year. As a result, there won’t be many, if any, differences between the 2021 and 2022 SUVs. The price will be the most significant difference.
Also, the 2021 SUVs that aren’t getting any significant changes for 2022 can cost a lot less than the newest models. For instance, the price gap between some 2021 and 2022 models is quite large right now.
Priced at $43,7602³, the 2022 Ford Edge is significantly more expensive than its 2021 predecessor, which retails for $33,995⁴. Consumer Reports estimates the price of a 2022 Buick Envision at $41,650⁵. However, Real Car Tips estimates the 2021 model to be $32,995⁶. Simply by choosing a prior model year SUV over a new one, you might save up to or even more than $10,000.
Auto Dealers Are No Getting Rid of The 2020 Models
It is now more critical than ever that new SUV purchasers take advantage of special offers from dealers. Car dealers need to make room for the arrival of the new 2021 models. In order to clear out SUVs, dealerships must make sales on 2020 models that have been languishing on their lots since the summer of 2019.
As new models arrive at showrooms for the 2020 model year, incentives and pricing will almost certainly alter. Automakers are always ready to give even better deals on cars that are still on the lot from the previous year. Every month, and sometimes during the week, new SUV discounts are announced.
The finest SUV bargains for 2020 models will appear in the next few weeks, so keep an eye out. Cashback offers, MSRP discounts, and other incentives to make an SUV more affordable become more common as the car stands on the lot longer. Dealerships always make a big push towards the end of the year to get rid of any remaining 2021 SUVs.
It’s time to get a good deal on your next SUV now that you know why last year’s models are just as good. However, you’ll need to understand what dealerships are prepared to provide to catch a clearance deal.
That’s why it’s critical to do some homework on 2021 automobiles before you visit a dealership. Seeing the brand-new 2022 SUVs on a dealership lot can be tempting. But you don’t need to fork over a few thousand dollars for an SUV that hasn’t changed much. Before you buy a new SUV, do some research to find the best deals on clearance models for the year 2021. Remember to compare the 2021 SUVs you prefer to their 2021 counterparts.
It would be best to do this research to guarantee that you don’t overpay for purchasing an SUV with no significant upgrades from 2021 to 2022. To acquire the most affordable price on a new car you really want, learn what dealerships are now offering for 2020 SUVs.
¹Don’t Buy a 2021 SUV: Huge Price Cuts Are Happening on 2020 Models as Dealerships Can’t Clear Space
³2022 Ford Edge Reviews, Pricing & Specs
⁴Biggest Discounts on New Cars
⁵Consumer Reports, 2022 Buick Envision
⁶Biggest Discounts on New Cars