Car Buying — Overstock

When next year's models arrive, the remaining current-year vehicles immediately become "leftovers".

Because dealerships pay interest on the loans used to stock their lots (known as floorplan interest), holding onto overstock inventory for more than 90 to 120 days costs them substantial money every month. This creates a massive leverage point for educated buyers. overstock car buying

Overstock vehicles are not used cars; they are typically brand-new, untitled vehicles with minimal delivery mileage. They accumulate on lots due to several market factors: When next year's models arrive, the remaining current-year

Finding these vehicles requires a shift in how you search for cars online. Focus on "Days on Lot" When next year's models arrive

Strict lending standards can cause market demand to drop quickly, leaving dealers with full lots. What Happens to Unsold Overstock?