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@rmduhon wrote:
If it's a new vehicle, but last year's model, would that still qualify as a new vehicle? I think that my 2015 Silverado was financed as new even though we got it last year. We are debating on getting hubby a truck, but would like it to be last year's model to save more money. He has the option to put it on 'rent' at his job and they'll pay $400 a month for doing this so it won't be as much out of pocket.
Never used = New
I don't think the yr matters.
As long as it's never been titled, it's considered new.
@EddieK wrote:As long as it's never been titled, it's considered new.
This is accurate - the definition of 'new vehicle' means one that has never been titled to anyone other than the dealer. In theory there may still be a 2014 out there somewhere that meets this description - it would still be considered 'new'