Should I buy a car that is about to be "discontinued"?

The term “discontinued” is often used to refer to car models that the manufacturer has decided to discontinue and not continue to produce in the future. The reason may be due to low sales, no longer meeting market demand, or to make room for a new model with new improvements and features.

When a model is designated as “end of life,” the manufacturer typically announces the decision and may offer promotions or discounts to stimulate final sales of that model. Buyers should also be aware that after a model is discontinued, finding replacement parts and servicing may become more difficult over time.

Buying a car that is nearing its end of life may offer some advantages such as lower prices and other incentives from the manufacturer or dealer, but it also comes with risks such as poor value retention and difficulty in maintaining it later.

Factors to consider

Parts and maintenance: As a vehicle model nears its end of production, finding replacement parts can become more difficult and can increase maintenance costs.

Market Value: Cars that are retiring from production often experience a rapid decline in market value after they are discontinued. This can affect the car’s future trade-in or resale value.

Technology and features: New cars often have improvements in technology and features over older models. If you're interested in new features, buying a new car may be a better choice.

Deals and incentives: Dealers often offer incentives or discounts on models that are about to be discontinued to help boost sales. This can create an opportunity to buy a car at a great price.

Needs and usage: If the outgoing model meets your needs and requirements and you don't care about getting the latest version, it may be the right choice.

Future Use: If you plan to keep the car for a long time and don't mind having a new model, buying a model that is nearing its end may be a good choice.