When New Cars Are Unveiled, Prices Can Fall on Old Models

April 8, 2015 7:18 PM

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When auto companies roll out exciting new models like they did at last week's New York auto show, the unveilings can sometimes push down the price of cars already on sale.

Usually the immediate impact is small, according to industry analysts, but the deals can get a whole lot better once the new models hit the showrooms and the automakers try to clear the old models from dealer lots. And the extent of the impact depends on whether the latest models are significantly m...

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