Sometimes delaying a big purchase can have positive effects, and buying a car can be one of these instances. If you’re on the fence about doing it now or waiting until 2024, some experts said waiting to buy one might be the right decision.
Indeed, as A1 Auto Transport noted in an article, there are many advantages of waiting, including the fact that 2023 models will be thoroughly reviewed; waiting until 2024 could save you money; new safety and technology should cost less; lower interest rates; newer models; new features; and better trade-in value.
Consumer Reports (CR) compiled a list of cars that are worth waiting until 2024 to buy. Here are some of them.
Chevrolet Blazer EV
Starting Price: $56,715
As CR noted, in winter 2024, a less-expensive 1LT trim will be added, starting around $44,995, which GM says will have a 247-mile range.
Starting Price: $36,570
Ford recently unveiled a newer version of the F-150 at the Detroit auto show, which features tweaked headlamps, tail lamps, and grille, as well as a few other aesthetic flourishes, according to CR.
Starting Price: $36,000 (estimated)
The midsized, three-row GMC Acadia is redesigned for the 2024 model year and will feature a new engine, overhauled interior and evolutionary exterior updates, according to CR.
“Some details, such as exact dimensions, price, and fuel economy, will be released closer to the start of production,” CR added.
Hyundai Santa Fe
Starting Price: $36,000 (estimated)
The midsized Hyundai Santa Fe SUV is redesigned for the 2024 model year, “giving it a more muscular look and striking interior while mostly carrying over the powertrain options from the current generation Santa Fe,” according to CR.
For instance, this fifth-generation model has a longer wheelbase than the 2023 model.
Starting Price: $46,500
The 2024 model will get a new shell and “the two-row midsized luxury SUV boasts an optional hybrid drivetrain and a wide display screen that wraps around the front of the cabin,” according to CR.
Starting Price: $75,000
This seven-passenger, three-row, all-wheel-drive electric SUV will be on sale in early 2024.
According to CR, Volvo said it can drive up to 300 miles on a charge, and it should start under $80,000 before tax credits.
“It will compete directly against the Rivian R1S and Tesla Model X, which are the only other three-row electric SUVs on the market, as well as upcoming BMW and Mercedes-Benz models,” CR added.
Starting Price: $45,000 (estimated)
The ID.7 will have sales starting in fall 2023 for Europe and sometime in 2024 for North America, CR noted.
It is similar in size to the Passat sedan, “but being an EV with a long wheelbase, it promises to be even roomier than that spacious four-door,” CR added.
Toyota Land Cruiser
Starting Price: $55,000 (estimated)
This redesigned Land Cruiser is smaller, cheaper and more fuel-efficient than the previous, low-volume behemoth, according to CR, “and the timing seems just right.”
It will be on sale in the Spring of 2024.
Starting Price: $36,000
According to CR, the 2024 model year, adopts “a more traditional SUV-ish appearance instead of the minivan-evoking style of its predecessor.”
In addition, the model, on sale in the winter of 2024, replaces the V6 with a more powerful turbocharged four-cylinder engine.
Chevrolet Corvette E-Ray
Starting Price: $104,295
The Corvette, just like other legacy automakers, is getting a hybrid version which is available in late 2023. Mark Reuss, General Motors president told CNBC that a fully electric version will follow. “More to come on that,” he said.
More From GOBankingRates