New Car Inventory Levels In 2024
When the world came to a halt during the COVID-19 pandemic in 2020, it affected many lives and industries, including the automotive marketplace. It created a chip shortage, which is a crucial component in most new vehicles, and thus led to many dealerships’ lots lacking inventory. Even though the supply of vehicles temporarily decreased, the people’s demand to purchase them hasn’t budged. As things began to stabilize in the past couple of years and these chips became accessible again, dealer lots started filling up again, so much to the point that new car inventory levels in 2024 are at an all-time high since pre-pandemic levels!
In the ever-evolving automotive landscape, staying informed about current car availability is crucial for any prospective buyer. Everyone knows that variety is the spice that gives life a rich sense worth experiencing, therefore more options mean more possibilities for you to find the perfect ride. In the search for your next vehicle, Crossroads Ford of Wake Forest recognizes this need and is proud to provide you with access to our new car inventory levels in 2024. Streamline the car-buying journey by browsing hundreds of new Ford cars in our inventory, and take a test drive to your heart’s content!
High Inventory Means More Opportunities to Save
In a nutshell, due to their advanced technologies, among other factors, car prices generally haven’t lowered in conjunction with the high new inventory car levels in 2024. Since quality is crucial when you drive, the vehicle’s price will reflect that, but you’ll appreciate how each technology can be catered to you. That said, you’re probably wondering what dealerships plan to do with all that inventory if prices don’t decrease. It’s true that moving hundreds of new cars will take time, but so do a lot of good things. With our dealership incentives, we can help ourselves while helping you find your ride.
New Vehicle Specials: We constantly have deals you can take advantage of, so be sure to check out our new vehicle specials online for more information!
Savings on New 2023 Models: Sometimes, out with the old and in with the new can apply retroactively, as these 2023 models are untouched and ready to be driven.
Leasing Opportunities: Don’t want to commit to a new model just yet? Lease a Ford from our new car inventory to find your perfect match.
Courtesy Vehicles For Sale: Low mileage and never owned, courtesy vehicles are ones that were loaned to customers or used for test drives. Now they’re ready to be owned by you.
Price Negotiation: During the COVID-19 pandemic, there was little opportunity to negotiate prices, since there was a limited supply of vehicles, and consumers had no choice but to pay the sticker price. However, with the high new car inventory levels in 2024, you can take advantage of scoring a deal with a bit of negotiation.
Unveiling a Dream: Browse Our New Ford Car Inventory
Gone are the days of scouring multiple websites or visiting dealerships only to discover limited vehicle options. Our new car inventory levels for 2024 have hundreds of models, providing you with access to many different models and trims, guaranteeing that you’ll find the right one. Whether you choose to browse our intuitive website at home or see the new car inventory at Crossroads Ford of Wake Forest up close, rest assured our helpful staff is here to help you every step of the way.
You’ll notice that accessing our extensive inventory online is user-friendly and allows you to effortlessly filter results based on what you’re looking for. You’ll even have a chance to book a test drive whenever you’re ready. On top of our dealer-specific specials, you’ll find more ways to save.
With new car inventory levels in 2024 being where they are, you have a prime opportunity to make use of Ford incentives like potential EV federal tax credits* and the Ford Recognition Programs.** Shopping for a new EV comes with its share of benefits not found in traditional gas-powered vehicles. One of the key benefits includes a tax credit of up to $7,500 for qualifying vehicles.* Looking into the Ford Recognition Program, members of the military, college students, first responders, and farmers each have opportunities to save more with discounts and other rebates up to $500 on their new vehicle purchase.** You can contact our dealers for more information and see if the vehicle you chose qualifies for any of these Ford benefits.
Begin Your Journey
Ready to start shopping? Let the search begin, and discover the perfect Ford for you. Visit Crossroads Ford of Wake Forest today to explore our new car inventory levels for 2024! Remember to take advantage of a test drive and savings initiatives to really experience everything your next ride has to offer.
*Please consult with your own tax or legal professional to determine your individual eligibility. Tax credit amount is based on vehicle-specific component sourcing and assembly and may be subject to change. You may not claim the credit if (1) your adjusted gross income exceeds certain thresholds or (2) the MSRP of the vehicle, as configured, exceeds $80,000 (including all optional equipment attached to the vehicle at the time of delivery to the dealer, but excluding destination charges, optional items added by the dealer, taxes, and fees). Tax credit may be applied at point of sale, subject to dealer availability, or as a potential future tax savings. The amount of your tax savings will depend on your individual tax circumstances. Incentives and additional rebates are not within Ford’s control. This information does not constitute tax or legal advice. For additional information, go to https://fueleconomy.gov/feg/tax2023.shtml.
**See dealer for complete details.
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