End of Model Year Car Deals [2024 Edition]

Model Year End Car Deals

The fall season means it’s time for model-end clearance deals.

And yes, car manufacturers do start selling the new models before the new year starts (so you can actually buy a 2025 car in 2024).

Deals really start heating up at year-end, but be careful not to wait too long as 2024 inventory starts to get sold off, and specific cars will be harder to find.

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2024 Model Year End Clearance Deals

Below are some of the best model year-end car clearance deals.

#1 Deal: 2024 BMW 4 Series

Financing Offer: 2.99% APR for 60 months
Lease Deal: $569/month for 36 months, $6,289 due at signing

>> Check BMW 4 Series Prices


 

#2 Deal: 2024 Honda Accord

Financing Offer: 1.9% APR for 24-36 months
Lease Deal: $229/month for 36 months, $3,299 due at signing

>> Check Honda Accord Prices


 

#3 Deal: 2024 Hyundai Palisade

Cash Offer: Up to $1,500
Financing Offer: 3.99% APR for 60 months
Lease Deal: $349/month for 36 months with $3,999 due at signing

>> Check Hyundai Palisade Prices


 

#4 Deal: 2024 Mazda CX-50

Cash Offer: Up to $2,500
Financing Deal: 0.0% APR for 36 months
Lease Deal: $239/month for 36 months, $5,419 due at signing

>> Check Mazda CX-50 Prices


 

#5 Deal: 2024 Subaru Forester

Financing Offer: 1.9% APR for 72 months
Lease Deal: $399/month for 36 months, $3,424 due at signing

>> Check Subaru Forester Prices


 

Do Car Manufacturers Have Deals When New Models Come Out?

Deals for New ModelsYes, many car brands start offering deals in late summer and early fall to make way for new models.

Most new car buyers are interested in getting the latest model year which means dealers are pressured to get last year’s model off their lots in a hurry.   To do this they’ll offer cashback and lease deals to entice buyers.  This is especially true if the body style of a particular model will be changing in the upcoming year.   Buyers aren’t as interested in a “new” car that is visibly older than others out there.  In addition, buyers may interpret a changed body style as an improvement and not want a car that may be of lesser quality, whether that’s true or not.  And if the model is being discontinued altogether you can expect even deeper discounts.

While car clearance offers and incentives shouldn’t be hard to find, to double down on your savings you should wait until the end of the month to get the additional benefit of salesmen trying to hit their monthly quota in order to earn their bonus. They may be willing to take a hit on a single sale in order to make a large bonus.

Is There Any Reason Not to Buy an Outgoing Model?

One caveat to keep in mind when buying a car in a model year closeout is that the bluebook value will be depreciated as one model year older.  This may mean a slight difference in the resale value when you go to sell it in a few years.  For example, if you were to buy a car today and sell it five years from now in 2029, a 2025 model car would be valued as a 4-year-old car while a 2024 model car would be valued as a 5-year-old one.

How Much Do Leftover Cars Depreciate When New Models Come Out?

The value of a new vehicle typically drops by 20 percent after the first year of ownership.  And for several years after that you can expect your car to depreciate approximately 10 percent per year.  In a year where the body style changes the value may drop even further.

How Much Do Car Prices Drop When New Models Come Out?

2024 has been an outlier of a year for car model availability and pricing. We’re seeing extremely high markups for popular models, and there are plenty of backorders that still need to be fulfilled. Because of that, there most likely will not be a major price drop for outgoing 2024 models.

Even if there is a price drop for 2024 models, it won’t be significant or immediate. We might have to wait a few months into 2025 to see price tag reductions. Also, only the less desirable trims or color choices will be marked down.

However, a general trend is a small price decrease for models that have minor changes in the new model year, and higher price drops if there is a redesign or a significant change between the model years.

When Do New Models Come Out

When Do New Car Models Come Out?

The majority of new model-year vehicles come out in October.  However, some manufacturers release new models throughout the year.

When Do New 2025 Car Models Come Out?

2025 models start to come out as early as the summer of 2024 and continue to be released into the first couple months of 2025.

However, a majority are released during the last few months of the current year. Here is a breakdown of when to expect new 2025 models for each manufacturer:

2025 Model Release Schedule by Manufacturer

MakeWhen 2025 Models Come Out
AcuraNovember 2024
AudiOctober 2024
BMWSeptember 2024
BuickNovember 2024
GMCNovember 2024
CadillacNovember 2024
ChevroletOctober 2024
ChrsylerNovember 2024
DodgeNovember 2024
FordNovember 2024
HondaSeptember 2024
HyundaiSeptember 2024
INFINITIOctober 2024
JaguarNovember 2024
JeepNovember 2024
KiaSeptember 2024
Land RoverOctober 2024
LexusSeptember 2024
LincolnNovember 2024
MazdaNovember 2024
Mercedes-BenzNovember 2024
NissanOctober 2024
PorscheNovember 2024
SubaruOctober 2024
ToyotaSeptember 2024
VolkswagenNovember 2024
VolvoSeptember 2024

Full List of All Current Car Deals

Below is the only free list of all manufacturer deals on the web and includes some of the best model year end car deals.

YearMakeModelCash Incentives (up to)Best Avail. APRLease OffersExpiration
2024AcuraTLX
2025AcuraMDX4.90%$559/month for 36 months, $4,999 due at signing1/2/25
View All Acura Incentives
2024AudiA4$2,0003.99%$569/month for 36 months, $5,449 due at signing12/2/24
2024AudiQ33.99%$429/month for 36 months, $5,139 due at signing12/2/24
View All Audi Incentives
2025BMW3-Series2.99%$579/month for 39 months, $4,809 due at signing12/2/24
2025BMW5-Series2.99%$699/month for 36 months, $6,649 due at signing12/2/24
2024BMWX32.99%$549/month for 39 months, $4,829 due at signing12/2/24
View All BMW Incentives
2025BuickEnclave1.40%$569/month for 36 months, $4,318 due at signing12/2/24
2024BuickEncore GX0.90%$333/month for 36 months, $0 due at signing12/2/24
View All Buick Incentives
2024GMCAcadia$559/month for 36 months, $3,467 due at signing12/2/24
2024GMCCanyon$439/month for 36 months, $4,239 due at signing12/2/24
View All GMC Incentives
2024CadillacXT6$2,0003.90%$429/month for 24 months, $4,629 due at signing1/2/25
2024CadillacXT4$1,0003.90%$469/month for 36 months, $3,799 due at signing1/2/25
View All Cadillac Incentives
2024ChevroletBlazer$2,500$309/month for 24 months, $3,629 due at signing12/2/24
2024ChevroletEquinox$1,750$299/month for 36 months, $1,369 due at signing12/2/24
2024ChevroletSilverado 1500$1,750$409/month for 36 months, $4,949 due at signing12/2/24
View All Chevrolet Incentives
2024ChryslerPacifica$4,0004.90%11/14/24
View All Chrysler Incentives
2023DodgeCharger$2,9205.90%11/12/24
View All Dodge Incentives
2024FordEdge$5,000$399/month for 36 months, $4,399 due at signing1/2/25
2025FordExplorer$1,0005.90%$459/month for 36 months, $4,959 due at signing1/2/25
2024FordRanger5.90%$397/month for 36 months, $4,531 due at signing1/2/25
View All Ford Incentives
2025HondaCR-V2.90%$319/month for 36 months, $3,599 due at signing1/2/25
2025HondaOdyssey$469/month for 36 months, $5,599 due at signing1/2/25
2024HondaRidgeline0.90%$349/month for 36 months, $3,699 due at signing1/2/25
View All Honda Incentives



YearMakeModelCash Incentives (up to)Best Avail. APRLease OffersExpiration
2024HyundaiElantra$1,5000.00%$179/month for 36 months, $3,499 due at signing12/2/24
2024HyundaiKona$1,5003.99%$219/month for 36 months, $3,999 due at signing12/2/24
2024HyundaiSonata$1,2500.00%$229/month for 36 months, $3,499 due at signing12/2/24
View All Hyundai Incentives
2024InfinitiQ500.90%$439/month for 36 months, $4,760 due at signing1/6/25
View All Infiniti Incentives
2025JaguarF-Pace2.90%$869/month for 36 months, $6,995 due at signing12/4/24
View All Jaguar Incentives
2024JeepGrand Cherokee0.00%$359/month for 42 months, $4,469 due at signing11/12/24
View All Jeep Incentives
2024KiaSorento$7500.00%1/2/25
2025KiaSoul$7504.49%$239/month for 36 months, $3,499 due at signing1/2/25
View All Kia Incentives
2024Land RoverDiscovery Sport3.90%$729/month for 36 months, $5,995 due at signing12/4/24
View All Land Rover Incentives
2024Lexus ES
2024LexusRX 3502.49%$539/month for 36 months, $4,999 due at signing12/2/24
View All Lexus Incentives
View All Lincoln Incentives
2025MazdaCX-51.90%$239/month for 36 months, $5,029 due at signing12/2/24
2025MazdaCX-900.00%$349/month for 36 months, $4,999 due at signing12/2/24
View All Mazda Incentives
2024MitsubishiOutlander0.99%$345/month for 48 months, $4,344 due at signing12/2/24
2024MitsubishiEclipse Cross0.99%$399/month for 48 months, $3,398 due at signing12/2/24
View All Mitsubishi Incentives
2025MercedesCLA$499/month for 36 months, $4,393 due at signing12/2/24
2024MercedesGLS$1,029/month for 39 months, $8,123 due at signing12/2/24
View All Mercedes-Benz Incentives
2024NissanArmada5.90%$729/month for 36 months, $6,069 due at signing12/2/24
2025NissanLeaf$1,0003.19%$279/month for 36 months, $2,299 due at signing12/2/24
View All Porsche Incentives
2025RAMRam Pickup 15004.90%$379/month for 42 months, $4,409 due at signing11/12/24
View All RAM Incentives
2024SubaruAscent2.90%$399/month for 36 months, $3,314 due at signing12/2/24
2025SubaruOutback2.90%$299/month for 36 months, $3,049 due at signing12/2/24
View All Subaru Incentives
2025ToyotaCamry4.99%12/2/24
2024ToyotaCorolla Hybrid5.99%$249/month for 39 months, $3,999 due at signing12/2/24
2024ToyotaRAV44.99%$319/month for 39 months, $3,999 due at signing12/2/24
View All Toyota Incentives
2024VolkswagenAtlas Cross Sport$3,0000.90%12/2/24
2024VolkswagenJetta$2,5002.90%12/2/24
View All Volkswagen Incentives
2025VolvoXC90$2,0003.99%$599/month for 24 months, $5,645 due at signing12/2/24
View All Volvo Incentives

These offers may vary based on location, credit score, and financing terms and are not guaranteed.  So use my free service to Check Discount Car Prices to get the best prices that include current manufacturer offers and incentives.

Frequently Asked Questions

What are the best year end car deals?

Brands like BMW, Honda, Hyundai, and Lexus offer some of the best finance and lease deals on model year end cars. Most offer no or very low interest finance rates or substantial cashback amounts of up to $4,000.

Can I get a good deal on a car at the end of the model year?

Dealerships are motivated to clear out the remaining stock in order to make room for the incoming year’s models. If the current model will be discontinued or completely redesigned, there’s an even better chance of getting a good deal.

When is the best time to buy a car?

The best time to buy a car would be at the end of the month, end of the calendar year, or during a holiday period. Manufacturers tend to put out bigger incentives at the end of a model year in order to make room for the incoming year’s model.