In a context of declining commodity prices, the 2015 elections led to government alternation in Argentina. For the first time since democratization, the new president is neither Peronist nor Radical, thus opening up new possibilities for a change in the Argentine political system. In this article, we review the main electoral trends in the 2015 race at the national, provincial, and municipal level. Additionally, we analyze the economic conditions surrounding these elections and the new challenges they pose for the incoming administration. Finally, we focus on the Peronist Party’s gubernatorial defeat in the Province of Buenos Aires after a twentyeight-year rule to illustrate the strategic behavior of Argentine voters.