Is It Worth It To Buy A Discontinued Vehicle?

Pros and Cons of Buying Discontinued Vehicles To Modify

We recently learned that the Nissan TITAN will officially cease production in the summer of 2024, and if you're reading this, your reaction is probably something along the lines of "they still made that?" or "the what?" - Anyway, it got us thinking about the state of the vehicle market as a whole.

The world of discontinued vehicles gets larger and larger with each passing year, because vehicle manufacturers will always live on the boundary of needing to make money off of their models and not knowing what their customers will like - that's why the car and crossover markets especially are so homogenized, because brands have figured out the formula.

But that doesn't mean that discontinued vehicles don't have cool aesthetics, features, or other benefits that vehicles currently in production can't offer. So today we want to explore that - let's go through the pros and cons of buying a discontinued vehicle so that, if you're looking to buy something on the cheap, you might be better equipped to know what to get.

Table Of Contents

-Benefits of Buying A Discontinued Vehicle Trim

-Drawbacks of Buying A Discontinued Vehicle Trim

-Should You Buy A Discontinued Car, Truck or SUV?

Benefits of Buying A Discontinued Vehicle Trim

Lower Purchase Price

Discontinued models often come with significant discounts as dealerships aim to clear out their remaining inventory. This can make these vehicles an attractive option for budget-conscious buyers looking to maximize value. The reduced price can also allow for potential upgrades or customization that might otherwise be cost-prohibitive.

Immediate Availability

Unlike new models that might have long waiting lists or limited availability, discontinued trucks are typically in stock and ready for purchase. This means you can drive off the lot without delay, a significant advantage if you need a vehicle quickly or prefer to avoid the hassle of waiting for an order to be fulfilled.

Proven Reliability

Discontinued models often have a well-documented history of performance and reliability. With years of user reviews and mechanic feedback, buyers can have confidence in what to expect. Known issues and their fixes are usually well-documented, making it easier to maintain and repair the vehicle over its lifespan.

Aftermarket Support

With many years in production, discontinued models generally have a robust aftermarket support system. This means a wide variety of parts and accessories are available, often at competitive prices. Enthusiast communities can also provide valuable resources for maintenance tips, modifications, and troubleshooting.

Depreciation Savings

New vehicles typically lose a significant portion of their value within the first few years. By purchasing a discontinued model, buyers can avoid the steepest part of the depreciation curve, leading to better long-term value retention. This is particularly beneficial if you plan to keep the vehicle for several years.

Drawbacks of Buying A Discontinued Vehicle Trim

Limited Warranty and Support

Discontinued models may come with shorter or less comprehensive warranties. Over time, obtaining support from the manufacturer can become more challenging, as resources are redirected to newer models. Extended warranties or aftermarket options might be necessary, potentially adding to the overall cost of ownership.

Parts Availability

While aftermarket parts may be abundant initially, finding specific OEM parts could become increasingly difficult as time passes. This can lead to longer repair times and higher costs, especially for components that are unique to the discontinued model. It's essential to consider the long-term availability of crucial parts.

Resale Value

Discontinued models often have lower resale values compared to current models. This can make it more challenging to sell the vehicle at a desirable price in the future. Potential buyers may also be hesitant due to concerns about parts availability and support, further impacting the resale market.

Technological Obsolescence

Discontinued trucks might lack the latest technology and features found in newer models. This can include advanced safety systems, updated infotainment options, and improved fuel efficiency technologies. For buyers who prioritize cutting-edge features and innovations, a discontinued model may not meet their expectations.

Potential for Higher Maintenance Costs

As the vehicle ages and parts become scarcer, maintenance and repair costs can rise. Specialized components may be harder to find and more expensive, and labor costs can increase if repairs require more effort or expertise. Planning for potential future expenses is crucial when considering a discontinued model.

Should You Buy A Discontinued Car, Truck or SUV?

Knowing all this, the answer to the question is that it depends, like almost every other question we ask about the state of the industry. There are some great benefits to discontinued models for sure, including large parts inventories, cheaper upfront costs, and the chance to be one of the few people who own what you own.

But that also comes with the caveat that if something goes wrong, the amount of people qualified to work on your model will only shrink year after year. So knowing all of this, we'll leave it up to you - do you want a disco'd vehicle for your driveway?

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