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Unsold SUVs typically go on clearance during specific times of the year, influenced by seasonal changes and inventory turnover.
Key Factors for Clearance Timing
- End of Model Year: Manufacturers introduce new models in late summer to early fall, prompting dealers to clear out old inventory.
- Seasonality: Demand for SUVs can dip in winter months, leading dealers to offer discounts.
- Quarterly Sales Goals: Dealers may seek to meet sales targets at the end of each financial quarter, initiating clearance sales.
Typical Months for SUV Clearance
Month | Reason for Clearance |
---|---|
August | New model year arrival |
September | End of summer promotion |
December | Holiday sales and new year inventory turnover |
Considerations for Buyers
- Research Inventory: Check local dealership inventories for unsold SUVs.
- Timing Purchases: Plan to buy during the clearance period for the best deals.
- Negotiate: Use clearance sales as leverage for better pricing.
Statistical Trends
Year | SUV Clearance Sales (%) |
---|---|
2020 | 15% |
2021 | 18% |
2022 | 10% |
Mind Map of Clearance Timing
- Clearance Timing
- End of Model Year
- Model Release Schedule
- Incentives Offered
- Economic Factors
- Consumer Demand
- Interest Rates
- Dealership Strategies
- Quarterly Goals
- Inventory Management
- End of Model Year
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