Leftover (Last Year's Model)
A current-year model still on lot when next-year arrives. Heavy discounts available.
Why it matters
A "leftover" is a current-model-year vehicle still sitting on the dealer's lot when the next model year arrives. Once new-year inventory shows up (usually August-October), dealers MUST clear leftovers — they can't legally sell them as new the following year, and they're burning floor plan interest. Discounts of 10-20% off MSRP on leftovers are common. The trade-off: you accept "older" model year for warranty/resale purposes.
Have a dealer quote with this on it? Check it with the free dealer fee checker: every line comes back junk, negotiable or legit, with what it really costs.
Related terms