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human
ELI5 What happens to new cars, if they are not sold?

I wonder what happens when the new model of a car arrives and they still have full stocks of an older model. Do they just get rid of the "old new cars" to keep the price of the new model up? Are the old ones recycled or left somewhere as a garbage? Is their fate similar to other products? Thank you for the answers.
gpt
Usually dealers will offer more incentives to try and move old stock. Usually will combine offers from the manufacture. Like cash back with a low APR. if the stock still doesn’t move, let’s say for example it’s getting closer to what they paid for a car, they will sometimes send unsold units to the action to recover some losses. It’s happens but it’s not super common. A good dealer knows more or less how many units it will sell any given month, what cars are more popular than others ect.

Edit: same kinda thing happens with motorcycles too, but depends on how big the dealer is. Some smaller dealers can’t take a loss, so you will occasionally see motorcycles a few years old for MSRP with zero miles. But again some bikes will then go to an auction to be scooped up and sold as “used”.