Car Deals Abound _ If You Want a 2015 Model - ABC News

At least 31 models are being redesigned for 2016, including big names like the Volkswagen Passat and the Toyota Prius, according to the car buying site Edmunds. So, dealers are slashing thousands of dollars off the cost of 2015 models to clear them off their lots. If you're looking for a bargain on a new car — and you're not too picky about getting the latest model — September is the time to buy. At least 31 models are being redesigned for 2016, including big names like the BMW 3 Series and the Toyota Prius , according to the car buying site Edmunds. So, dealers are slashing thousands of dollars off the cost of 2015 models to clear them off their lots. There are drawbacks to buying an outgoing model, such as missing out on the latest infotainment and safety features. Still, big savings on a good car might be too good to pass up, for your budget and your lifestyle. — 2015 BMW 3 Series: In some parts of the country, the 3 Series is selling for $1,500 below its market value in that area, which Edmunds. BMW is offering low-interest loans and lease deals, including $279 per month for a three-year lease on a 320i. By comparison, the estimated lease payment on a base model 2016 320i is $391 per month. Source: abcnews.go.com