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Originally Posted by Lost Soul
Two, a "very late" model would mean a older car. He didn't say the "very latest" model. Huge difference in the meaning.
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"Late Model" is generally understood to mean "newer", as opposed to, say "early model". "Late Model" is a term that is often confused to mean "old" (I've done it myself).
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Essentially, “late model” means “latest model.”
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Late model - Wikipedia, the free encyclopedia