Trade-in glut makes for used car bargains
The latest burst in new car sales are swamping many dealers with used cars. The round of employee discount promotions by U.S. manufacturers spurred buyers to new vehicles and made it attractive to trade in early. The result is a glut of used cars in many markets. According the USA Today's report, the increase in supply is affecting prices of used cars, which may provide bargains to those shopping for a vehicle. We would say that the decrease in prices may depend on your location as well as the class of vehicle in question. In our areas, we're seeing an increase in prices for used economy cars such as the Honda Civic, Toyota Corolla, and Scion xB. Again, your mileage may vary. Informally, we've also noticed a marked increase in the number of trucks and SUVs for sale, both on dealer lots and private party listings.
- Cross Lander gets EPA OK It dates back to the 50's. It's built in Romania. It will be at a dealer somewhat near you. The EPA has given Cross Lander and their 244X old-school SUV the green light to sell in the USA starting in ...
- Cars over SUVs? Really? One of my favorite television shows is Arrested Development. The quizzical "Really?" from Jason Bateman's character Michael Bluth at the goofball statements his family makes just gets me. So the headl ...
- Ford shows the new Ranger STX Talk about a platform long-in-the tooth. While every other manufacturer has brought to market all new competitors to the compact/midsize truck market, Ford stays with the Ranger. With nothing but gril ...
- Extreme view on J Mays' move to London Peter M. DeLorenzo over at Autoextremist delivers a pointed commentary on the J Mays move earlier this week to London and "promotion" to chief creative officer. I didn't take the time to think of the ...
- Kia KCD-II concept sketch Along with the Rio, Kia has also released a sketch of their concept for the Detroit Auto Show, the KCD-II. This concept is a larger seven-seat SUV designed by Kia's California design center. Kia is ey ...
- Nissan Frontier gets overhaul, thumbs up from USA Today Not enough small pickups get a totally new chassis, sprayed-on bed liner and a bigger package overall. James R. Healey has only nice things to say (except for the steering) and since he's usually a pr ...
- GM, Ford cut inventory, hopefully incentives The US consumer seems immune to the current pile of incentives that automakers have doled out on their last of the 04's, and dealers are pushing back from the money-losing race. GM anno ...
- Satisfy your constant mod-craving with this SEMA show preview Automobile Magazine tips you off to what'll be popping at this year's Specialty Equipment Manufacturer Association show next month in Lost Wages. You can expect standout booths from Evolve, the Volvo ...
- Ford gets more Sirius Really, I'm ashamed I use the same puns for any Sirius story but what can you do? It's easy and I'm lazy. As for the story itself, Ford is planning to beef up its commitment to Sirius satellite radio ...
- Next-gen Dodge Neon abused in Spain The new 2006 Dodge Neon will be one of the first Dodges sold in Europe, riding on the platform shared with the '06 Mitsubishi Lancer. Chrysler's executive vice prez of product development says, "Dodge ...
0 Responses to » Trade-in glut makes for used car bargains
Leave your response!