GM - October sales have fallen 45%
Ford - down by 30%
Toyota - down by 23%
Honda - down by 25%
Given how bad terms for financing are becoming, new car sales will probably take some time to adjust back up. On the other hand, people selling used cars are probably getting great offers right now.
Car makers are quite good at advertising - it will be interesting to see how they respond, and try to change the market. Look for lots of great deals around the new year!
Posts
2 comments:
Dude, One thing I have learned in the past few years within the political confines of USA is that "good deal" is a very relative term. :-)
very true!
Post a Comment