Should You Buy a 2016 or 2017?

By

Senior Automotive Editor

Christian Gulliksen was the Senior Automotive Editor for CarsDirect. He was formerly a senior editor with Robb Report magazine, and has contributed to publications like Worth, Variety, The Hollywood Reporter and MarketingProfs.com.

Follow On: Google+ | Website

, Senior Automotive Editor - June 21, 2016

Summer has only just begun, but you'll find plenty of 2017 inventory at dealerships when you go shopping this July Fourth weekend. This will lead many buyers to ask the question: Which is the better option if I have a choice between 2016 and 2017 models?

In many cases, it will be the outgoing 2016 version. Consider Ford, for instance, which has expanded its smart bonus to almost every 2016 model its lineup; this incentive targets the oldest 10% of inventory with an additional $1,000 in savings. It makes some good deals even better:

Also appealing are current 2016 offers for the Subaru Outback, Subaru Legacy and Subaru Forester. New 2017s are starting to arrive on dealer lots, but the selection of 2016s is still good.

  • The Sign & Drive lease for the 2016 Subaru Legacy is a top deal.

2017 Volvos aren't yet in dealer inventory, but this is a great time to buy a 2016 Volvo.

  • There are substantial lease discounts on models like the 2016 Volvo S60 and 2016 Volvo V60.
  • A summer promotion offers extra savings on Premier models.

But there are a few cases to make for 2017 models being the better—or only—option.

Take the BMW X3, which offers a $3,500 lease credit for the 2017, which gives it the same monthly payment and cash due at signing as you'd pay for a 2016. Why not go with the newer model?

And while the 2016 Hyundai Santa Fe Sport has already sold out, there are already great deals on 2017s. You can get up to $2,750 in combined discounts ($750 retail bonus + $750 trade-in bonus + $750 conquest bonus + $500 summer sales cash). And it’s a better buy than you’ll get for the larger 2017 Hyundai Santa Fe, which has a lower retail bonus ($500) and no trade-in bonus.

, Senior Automotive Editor

Christian Gulliksen was the Senior Automotive Editor for CarsDirect. He was formerly a senior editor with Robb Report magazine, and has contributed to publications like Worth, Variety, The Hollywood Reporter and MarketingProfs.com.

Follow On: Google+ | Website