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What happens to unsold new cars?

There are a few options for unsold new vehicles:

1. Dealer Incentives: Dealers may offer incentives such as discounts, rebates, or special financing to encourage customers to purchase unsold vehicles.

2. Fleet Sales: Some unsold new cars may be sold to rental car companies, government agencies, or other businesses that purchase vehicles in bulk.

3. Wholesale Auctions: Unsold cars can be sold at wholesale auctions, where dealerships and used car buyers bid on the vehicles.

4. Manufacturer Rebates: Manufacturers may offer rebates or incentives to dealers to help move unsold vehicles.

5. Export: In some cases, unsold vehicles may be exported to other countries where demand is higher.

6. Donation: Some dealerships or manufacturers may donate unsold vehicles to charities or organizations.

7. Storage and Resale: Dealers may store unsold vehicles and put them back on the market later when market conditions improve or after making necessary updates or modifications.